Exports from Bangladesh experienced a decline of 13.64% in October, falling short of the target by 28.35%. Despite this setback, overall exports showed a modest increase during July-October. Efforts are being made to address worker unrest in the apparel sector and improve overall export performance.

Morocco hypermarket head expresses excitement about diverse agricultural products showcased at the 9th Sichuan Agricultural Expo in Chengdu, China. Representatives from foreign companies actively sought cooperation with Chinese agricultural enterprises, indicating growing interest in China’s agricultural products market.

Businesses at the Mutukula border in Kyotera District are halted as URA seizes over 100 trucks loaded with rice from Tanzania, causing traffic congestion and disrupting trade. Rice traders express dissatisfaction with URA’s procedure, claiming their rice is from Tanzania, not Pakistan. Negotiations are ongoing to resolve the issue.

Prolonged export curbs in India may lead to a rise in food prices, as the government seeks to maintain control over prices ahead of the 2024 assembly elections. Uncertain weather conditions and lower rice production have raised concerns among farmers and traders.

Cambodia celebrates its first successful export of milled rice to Indonesia, marking a major achievement for the country’s rice industry. This milestone not only boosts Cambodia’s export volume but also enhances the livelihoods of farmers and contributes to the overall economy.

India, the world’s largest rice exporter, is expected to see a drop in rice production for the first time in eight years, potentially leading to export curbs. Uncertain weather conditions and high domestic prices have raised concerns among farmers and traders.

Over 165,000 Afghans have fled Pakistan since the government issued an ultimatum a month ago. The number of individuals leaving continues to rise, with over 129,000 already leaving from Khyber Pakhtunkhwa province. The situation is dire, putting strain on Afghanistan-Pakistan relations.

Pakistan’s inflation rate for October decreases to 26.9%, the lowest in ten months. The drop is attributed to reduced food inflation and lower fuel prices. However, the average inflation rate for July-October remains above the official target of 21%.

Vietnam’s rice export prices have reached record highs, with the 5% broken rice at $653 per tonne. Strong global demand for Vietnamese rice, coupled with climate change affecting supply, has contributed to the increase. Traders, however, face challenges in meeting volume orders. Vietnam has earned $4 billion from rice exports so far this year, and the Ministry of Agriculture and Rural Development projects a potential export revenue of $4.2-4.5 billion in 2023.

Azerbaijan’s national carrier, AZAL, has launched direct flights to Pakistan, providing easier travel options. The next flight is scheduled for November 4th, with a flight time of three hours and 50 minutes. This development, along with the exemption of customs duty on rice imports, is expected to enhance economic cooperation and promote closer ties between the two nations.