Pakistan’s strong agricultural industry produces an array of rice types, including the popular white broken rice. Its rice exporters play a crucial role in meeting global demand, supplying high-quality rice at competitive prices. With opportunities for a rice export business, Pakistan has established itself as a reliable supplier worldwide.

Pakistan’s rice industry has flourished, becoming a leading exporter globally, with a high demand for affordable, high-quality rice. HAS Rice, a trusted supplier, ensures customer satisfaction with reliable delivery and adherence to international standards. This success has led to increased rice exports, particularly to Middle Eastern, African, and Asian countries.

Pakistan has emerged as one of the top rice exporters globally, thanks to the growth of its rice industry. Has Rice Pakistan, a leading supplier and exporter, ensures high-quality rice that meets international standards. The industry not only benefits exporters but also supports the livelihoods of thousands of farmers.

India’s exports of basmati rice and non-basmati rice during April-October reached 26.08 lakh tonnes and 73.18 lakh tonnes respectively, according to Agriculture Minister Arjun Munda. Basmati rice shipments for the fiscal year totaled 45.61 lakh tonnes, while non-basmati rice exports reached 177.92 lakh tonnes.

BULOG, Indonesia’s state purchasing agency, procures rice from Pakistan and Myanmar via an international tender. The exact quantity purchased remains unclear, but the shipments are expected to arrive on January 30, 2024. There may be further adjustments in terms of prices and volumes.

The Philippines’s rice imports from January to November decreased by 14% due to higher global grain prices, primarily caused by India’s rice export ban. Vietnam remains the top rice import source, followed by Thailand and Myanmar. Rice imports for 2023 are estimated to be about 700,000 MT lower than last year’s volume.

Philippines’ rice imports drop by 14% as global grain prices rise, reaching just over 3 million metric tons. The decline is attributed to high global rice prices and India’s export ban, causing a shortage. Vietnam remains the top source for rice imports, followed by Thailand and Myanmar.

The latest USDA report predicts increased exports and reduced ending stocks for U.S. wheat in the 2023/24 season. Specifically, exports are anticipated to rise by 25 million bushels, driven by recent large sales to China. Additionally, global wheat supplies are projected to increase, consumption is expected to rise, and ending stocks to decrease. For more information, visit the source article.

GRM Overseas has sold a 3% stake of its subsidiary, GRM Foodkraft, to venture capital fund Sauce.vc. This partnership aims to propel GRM Foodkraft’s domestic foods business and expand its digital presence in the packaged foods industry. With over 52 Distribution Centers and a strong market presence, GRM Foodkraft is committed to diversifying its product portfolio.

Vietnam’s rice exports dipped by 5.5% in November, but the country’s overall growth in the industry remains strong with a 14.5% increase for the first 11 months of the year. Vietnam’s reputation for producing high-quality and competitive priced rice has solidified its position as a key player in the global market.