THIRD COUNTRY TRADE
However analysts say Pakistan’s determination to halt commerce is unlikely to have a significant impression, as common diplomatic flare-ups between the 2 nations over many years have prevented shut financial ties.
India exported lower than US$450 million in items to Pakistan between April 2024 and January 2025, a tiny fraction of its general shipments.
Key objects included pharmaceutical merchandise value over US$110 million, and sugar value over US$85 million.
“Imports from Pakistan have been negligible — simply US$0.42 million, restricted to area of interest objects like figs, basil and rosemary herbs,” Ajay Srivastava of World Commerce Analysis Initiative, a New Delhi-based assume tank, mentioned in a briefing word.
However Islamabad additionally mentioned Thursday it had suspended “all commerce with India” together with “to and from any third nation by way of Pakistan”.
It’s not instantly clear how this may impression oblique commerce by way of international locations such because the United Arab Emirates or Singapore.
Oblique commerce is much larger, totalling round US$10 billion, in accordance with Srivastava.
“Casual sources say that Pakistan imports a number of Indian merchandise this fashion, together with chemical compounds, prescribed drugs, cotton and yarn,” he mentioned.
“Then again, India could obtain Himalayan pink salt and dry fruits corresponding to dates, apricots, and almonds from Pakistan, additionally routed by way of third international locations.”
