Latest News & Videos on Pakistan Food Inflation: Updates and Images of Rising Food Prices in Pakistan
Pakistan’s rice export has seen a significant increase in recent years. The country has emerged as a major player in the global rice market, with rice exports reaching a record high in the last fiscal year.
According to the data released by the Rice Exporters Association of Pakistan, the country exported 4.08 million tons of rice in the last financial year, earning approximately $2.2 billion. This represents an increase of 27% in terms of volume and 44% in terms of value compared to the previous year.
One of the factors driving this growth in rice exports is the increasing demand for Pakistani rice in international markets. Pakistan is known for its high-quality rice, particularly basmati rice, which is popular for its long grains and distinctive aroma. The country is a major supplier of basmati rice to markets such as the Middle East, Europe, and the United States.
Another factor contributing to the growth of Pakistan’s rice export is the improved infrastructure and logistical support. The government has taken measures to upgrade and modernize ports and shipping facilities, making it easier for rice exporters to transport their products to international markets in a timely manner.
Furthermore, the availability of rice mills in Pakistan has also played a significant role in boosting rice exports. These mills are equipped with modern machinery and technology, allowing for efficient processing and packaging of rice for export.
In addition to basmati rice, Pakistan is also a major exporter of white broken rice. White broken rice is the broken grains of rice that are separated during the milling process. It is commonly used in the production of rice flour and various other food products.
Pakistan has a number of rice exporters and suppliers who play a vital role in promoting and marketing Pakistani rice globally. These exporters offer a wide range of rice varieties, including basmati and non-basmati rice, to meet the diverse needs of international buyers.
The increase in rice exports has also had a positive impact on the economy of Pakistan. The revenue generated from rice exports has helped improve the country’s foreign exchange reserves and has contributed to the overall economic growth.
The future of Pakistan’s rice export industry looks promising, with the government and industry stakeholders working together to further enhance the competitiveness of Pakistani rice in the global market. Efforts are being made to improve the quality of rice, streamline export procedures, and explore new markets to expand the reach of Pakistani rice.
Overall, Pakistan’s rice export industry has witnessed significant growth in recent years, thanks to the high demand for Pakistani rice in international markets, improved infrastructure, and the presence of efficient rice mills. With continued efforts and support, the country is poised to become a leading player in the global rice market.
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