THIRD COUNTRY TRADE
However analysts say Pakistan’s determination to halt commerce is unlikely to have a serious influence, as common diplomatic flare-ups between the 2 nations over a long time 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 total shipments.
Key objects included pharmaceutical merchandise price over US$110 million, and sugar price over US$85 million.
“Imports from Pakistan had been negligible — simply US$0.42 million, restricted to area of interest objects like figs, basil and rosemary herbs,” Ajay Srivastava of International Commerce Analysis Initiative, a New Delhi-based assume tank, stated in a briefing word.
However Islamabad additionally stated Thursday it had suspended “all commerce with India” together with “to and from any third nation by Pakistan”.
It isn’t instantly clear how this might influence oblique commerce by international locations such because the United Arab Emirates or Singapore.
Oblique commerce is much larger, totalling round US$10 billion, in line with Srivastava.
“Casual sources say that Pakistan imports a number of Indian merchandise this fashion, together with chemical substances, prescribed drugs, cotton and yarn,” he stated.
“Alternatively, India might obtain Himalayan pink salt and dry fruits comparable to dates, apricots, and almonds from Pakistan, additionally routed by third international locations.”
