Global Rice News

Pakistan Rice Exporters Doing Good Business: Pakistani rice exporters are making good progress in the global market. With its high quality and competitive prices, Pakistan is becoming a preferred source for rice importers worldwide.

According to the Rice Exporters Association of Pakistan (REAP), the country’s rice exports have increased by 36% in the first quarter of the current fiscal year. The total exports during this period amounted to 839,356 metric tons, earning $447.55 million. Basmati rice made up the majority of the exports, with 645,693 metric tons shipped abroad.

Pakistan’s rice exports have experienced steady growth in recent years. In 2020, the country exported 4.354 million metric tons of rice, generating $2.122 billion in revenue. This is a significant increase compared to the previous year, when Pakistan exported 3.935 million metric tons, earning $1.824 billion.

Rice exporters from Pakistan attribute this growth to various factors, including improved quality control measures, enhanced infrastructure, and aggressive marketing strategies. The government has also played a crucial role in promoting the export of rice by providing support and incentives to exporters.

Pakistan is known for producing a wide variety of rice, including Basmati, Irri 6, and broken rice. Basmati rice is favored for its long grain, distinct aroma, and delicate flavor, making it highly sought after in international markets. Irri 6 rice, on the other hand, is known for its affordability and versatility, making it popular among buyers looking for a cost-effective option.

In addition to the traditional Basmati and Irri 6 rice, Pakistan is also emerging as a major exporter of broken rice. Broken rice is produced when grains are cracked during the milling process and is often used for making rice flour, rice cereals, and pet food. Pakistani exporters are capitalizing on the demand for broken rice, especially in countries where there is a growing market for these products.

The rise in the export of rice from Pakistan has also created new business opportunities within the country. Rice mills in Pakistan are operating at full capacity to meet the increasing demand, and rice suppliers are expanding their operations to cater to international orders. As a result, the rice industry is contributing significantly to the country’s economy.

The competitive pricing of Pakistani rice is another factor driving its export growth. Pakistani rice is priced competitively in the global market, offering value for money to buyers. This, combined with the high quality and variety of rice produced, has positioned Pakistan as a reliable and attractive source for rice importers.

The future looks promising for Pakistan’s rice industry, with exporters and suppliers actively exploring new markets and expanding their customer base. The government’s continued support and the industry’s commitment to quality and innovation are expected to further strengthen Pakistan’s position as a leading rice exporter.

Source: [PTI News](https://www.ptinews.com)