 "From cotton to sugar imports, here's an overview of India-Pak trade ties")
Amid tensions between India and Pakistan over the last few years, exports from India witnessed a sharp fall of over 60 per cent year-on-year in 2019-20. This came in the backdrop of Pakistan suspending bilateral trade with India in August 2019 owing to India’s decision to scrap Article 370.
Cotton, sugar, organic chemicals, pharmaceuticals, iron and steel, and plastic are top exported items to Pakistan. Similarly, India’s import from Pakistan plummeted 97.18 per cent year-on-year in 2019-20 after the Pulwama attack in February 2019. Thereafter, India also withdrew the most favoured nation status to Pakistan and imposed a customs duty of 200 per cent on all imports.
Cotton, sugar, organic chemicals, pharmaceuticals, iron and steel, and plastic are top exported items to Pakistan. Similarly, India’s import from Pakistan plummeted 97.18 per cent year-on-year in 2019-20 after the Pulwama attack in February 2019. Thereafter, India also withdrew the most favoured nation status to Pakistan and imposed a customs duty of 200 per cent on all imports.
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