Pakistan Sees Record Surge in Rice Exports Amid Growing Global Demand
Pakistan has experienced a substantial surge in the demand for its rice on the global market, earning over $721.8 million in foreign exchange from rice exports during the first quarter of the current fiscal year.
Official data reveals that rice exports saw a remarkable 77.63 percent growth compared to the same period last year.
Between July and September, Pakistan exported 991,000 metric tons of rice, a significant jump from the 596,000 tons shipped during the first quarter of the previous financial year. Last year’s rice exports brought in $406.4 million.
In September alone, Pakistan exported 374,000 metric tons of rice, generating $257.2 million in foreign exchange.
This represents a 49.19 percent increase compared to the 255,000 metric tons exported in September of the previous year, which earned $172.4 million.
Additionally, Pakistan exported 252,000 metric tons of Basmati rice during the first quarter, marking a notable 65.78 percent rise in the premium variety’s exports.
The growth in rice exports highlights Pakistan’s expanding role in the global rice market and the rising demand for its high-quality rice varieties.
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