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Afghanistan Economy

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Tour Guide 8 July 2008 Afghanistan, Latest Posts 122 views No CommentPrint This Post Print This Post

Afghanistan is an extremely poor, landlocked and highly dependent on foreign aids, agriculture and trade with neighboring countries. However, Afghanistan’s economy is recovering from decades of conflict. It has improved significantly since the fall of the Taliban regime in 2001. Real GDP growth exceeded 7 % in 2007.

Afghanistan’s mainstay is agriculture. The agricultural products they produce include opium, wheat, fruits, nuts, wool, mutton, sheepskin and lambskin.

Industries in Afghanistan includes small-scale production of textiles, soap, furniture, shoes, fertilizer, cement, hand woven carpet, natural gas, coal and copper. And their export partners are India 22.8%, Pakistan 21.8%, US 15.2%, UK 6.5% and Finland 4.4% as estimated on 2006.

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