Pakistan Experiences 30% Surge in Food Exports


Published on: December 3, 2023.

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Export of Pakistani Food Surges with a 30% Increase

Islamabad: The export of Pakistani food has experienced a significant boost, with a remarkable 30% increase in the first four months of this fiscal year.

According to the Institute of Statistics, food items exports have surged by 30% from July to October, surpassing $1.944 billion.

Rice export alone witnessed a staggering rise of $710 million, showcasing a 30% growth. Fruits, on the other hand, exhibited a 13.53% increase, contributing to a volume of $108.9 million. Additionally, spice exports further soared by 24.56%, reaching a total value of $34.7 million.

The report highlights that oil seeds and fruits recorded an exceptional growth rate of 292%, acquiring a revenue of $306.8 million. Sugar exports also soared by 100%, generating a revenue of $2.1 million.

Moreover, meat exports displayed a notable growth of 18.77%, generating a revenue of $152.5 million. However, fish and vegetable exports experienced a decline of 8% and 38%, respectively.

The report further states a 21% decline in tobacco exports from Pakistan during the July to October period.

Revitalizing the Rice Export Industry in Pakistan

Pakistan has been making remarkable strides in the export of rice, positioning itself as a leading contributor to the international rice market. With its rich agricultural resources and diligent farmers, the country has become a hub for rice suppliers and exporters.

Rice exporters from Pakistan have played a pivotal role in bolstering the country’s economy. From the renowned IRRI 6 rice to the high-quality basmati rice, Pakistan’s rice industry offers a diverse range of options that cater to the international market’s demands.

Pakistan’s rice suppliers have been actively involved in promoting high-grade rice products. With their expertise and commitment to quality, they have successfully established themselves as reliable partners for international buyers. The consistent supply of top-notch rice has earned them a well-deserved reputation in the global rice industry.

For those seeking to capitalize on the lucrative rice business in Pakistan, rice exporters and rice suppliers in Karachi offer a wealth of opportunities. By partnering with these reputable companies, businesses can tap into the vast potential of the Pakistani rice market.

Pakistan’s rice export industry is undoubtedly thriving, making it a sought-after destination for international buyers and traders. The prices of Pakistani rice remain competitive, ensuring cost-effective solutions for bulk buyers. Whether it’s the affordable IRRI 6 rice or the premium basmati rice, the diverse rice options cater to the varying preferences of consumers worldwide.

Furthermore, the presence of top-notch basmati rice suppliers in Pakistan has solidified the country’s position in the international market. With their commitment to quality and timely deliveries, these suppliers have garnered the trust of buyers worldwide.

Conclusion

The exponential growth in Pakistani food exports is a testament to the country’s agricultural prowess. The increase in rice, fruit, and spice exports signifies the tremendous potential of Pakistan’s food industry in capturing international markets. While challenges persist in certain sectors, the overall trajectory remains positive, showcasing the resilience and innovation of Pakistan’s food exporters. With the support of government initiatives, rice exporters and other food suppliers are poised to fuel economic growth and make a substantial impact on the global food trade.

Source: https://mmnews.tv