Trade between Pakistan and Afghanistan fell by 74 percent to $358 million in the 2025-26 financial year, according to official Pakistani trade data reported by Dawn and carried in the Vivekananda International Foundation's Neighbourhood News Digest on Wednesday. Bilateral trade had stood at $1.3 billion in 2024-25. Yaani: trade shrank from about 130 crore dollars to about 35.8 crore dollars in a single year — a loss of roughly $942 million, yaani about 94.2 crore dollars.

Afghanistan International, via Afghan Online Press, also reported the same Trade Development Authority of Pakistan figures, putting the fall at more than 74 percent and naming the continued closure of major border crossings — including Torkham, Chaman, Kharlachi, Ghulam Khan and Angoor Adda — as the main reason for the decline.

The Torkham crossing was closed on October 12, 2025, following deadly clashes between the two countries, and other crossings in Khyber Pakhtunkhwa and Balochistan have also remained closed to commercial traffic, Dawn reported. Dawn's editorial said the disruption is taking a growing toll on Khyber Pakhtunkhwa, where livelihoods, businesses, farm markets and workers depend on cross-border commerce, leaving fewer customers for shops, idle trucks and lost jobs.

Radio Free Europe/Radio Liberty reported that shipping containers crossing from Afghanistan to Pakistan fell from 42,959 in the 2024-25 financial year to 11,592 in 2025-26, and cited former Pak-Afghan Joint Chamber of Commerce deputy head Ziaul Haq Sarhadi as saying the year-long closure had deprived Pakistani traders of approximately $1 billion — yaani about 100 crore dollars — in exports to Afghanistan. That figure is the chamber figure as reported by RFE/RL, not an official total. Sources: Dawn via VIF Neighbourhood News Digest (Oct 21) and Dawn editorial; Afghan Online Press / Afghanistan International; RFE/RL.