Food Exports Expected to Exceed $7 Billion by the Conclusion of FY24
Published on: February 22, 2024.
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Export of Pakistani Food Items Expected to Exceed $7 Billion by 2023-24
The export of Pakistani food items is set to exceed the $7 billion mark by the end of the fiscal year 2023-24, according to Muhammad Zubair Motiwala, Chief Executive of Trade and Development Authority of Pakistan (TDAP). This represents a significant increase from the previous annual exports of about $4 billion in this sector.
Speaking at the Pakistan Pavilion at the Gulf Food Exhibition in Dubai, Mr. Motiwala highlighted the efforts of TDAP in enhancing the export of Pakistani food and food items. These efforts have resulted in a substantial increase in the country’s exports in this sector, contributing to economic prosperity.
The ongoing Gulf Food festival has seen the participation of 100 Pakistani exhibitors, with 45 being sponsored by TDAP and others participating on a self-sponsorship basis.
Mr. Motiwala also shared some noteworthy statistics, stating, “This year, we have witnessed a remarkable increase of 300 to 400 percent in the exports of sesame seeds. Additionally, the exports of Pakistani rice are expected to surpass $3 billion compared to the previous figure of about $1.5 billion.”
Exporting Quality Rice from Pakistan
Pakistan is known for its high-quality rice, and its rice exporters play a crucial role in meeting the global demand for this staple food. With a strong focus on enhancing exports, Pakistan’s rice suppliers are making significant contributions to the country’s economy.
Rice Exporters and Suppliers
Rice exporters from Pakistan are making their mark in the international market. They offer a wide range of rice varieties, including white broken rice, which is commonly used for cooking purposes. These exporters ensure the highest quality standards and provide competitive prices to their customers.
Pakistan is home to numerous rice suppliers, including rice mills and companies that specialize in rice business. These suppliers ensure a steady supply of rice to meet the growing demand worldwide.
Pricing and Variety
When it comes to pricing, Pakistani rice suppliers offer competitive rates, making it an attractive option for buyers. Whether it’s Pakistan rice or the popular IRRI 6 rice, the prices remain affordable while maintaining exceptional quality.
In addition to the traditional basmati rice, Pakistani rice suppliers also offer a variety of other rice types, including 25% broken rice, which can be used for different culinary purposes.
Exploring Opportunities
Pakistan continues to explore opportunities for rice export, aiming to further expand its presence in the international market. With the support of organizations like TDAP, Pakistani rice exporters and suppliers are well-positioned to meet the rising global demand for rice.
For more information about rice exporters and suppliers from Pakistan, visit www.hasrice.com.
Source: Dawn
