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Published on: January 15, 2024.
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Rice exporters from Pakistan are facing challenges due to the COVID-19 pandemic. The export of rice, especially to countries like Iran and Afghanistan, has been affected. The pandemic has caused disruptions in supply chains and logistics, making it difficult for exporters to fulfill orders.
Pakistan is one of the leading rice exporters in the world, with a significant share in the global rice market. However, the country’s rice industry is currently experiencing a downturn due to the pandemic. The closure of borders and reduced air and sea freight services have resulted in delays and cancellations of rice shipments.
In addition to logistics challenges, the decline in international demand for rice has also impacted exporters. Many countries have imposed lockdowns and restrictions, affecting the foodservice sector and reducing rice consumption. This decrease in demand has led to a surplus of rice in the Pakistani market, causing prices to decline.
To mitigate the challenges faced by rice exporters, the government of Pakistan has taken several measures. Exporters are being provided with financial assistance and incentives to overcome the effects of the pandemic. Efforts are being made to streamline the supply chain and ensure the uninterrupted transportation of rice to international markets.
Furthermore, the government is exploring new markets and diversifying its export destinations. Pakistan is looking to increase its rice exports to countries in Africa, the Middle East, and Europe. It is also focusing on promoting its premium varieties of rice, such as Basmati rice, in the international market.
Despite the current challenges, the rice industry in Pakistan remains resilient. The country has a strong agricultural base and a well-established rice milling and processing sector. With the support of the government and the implementation of effective strategies, rice exporters from Pakistan are optimistic about overcoming the current crisis and regaining their position in the global rice market.
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