Global Rice News

Pakistan’s rice exports have experienced a remarkable growth of 95.26% during the first seven months of the current financial year, which is a significant increase compared to the same period last year.

According to the data provided by the Pakistan Bureau of Statistics, from July to January 2023-24, Pakistan exported over 3.323 million metric tonnes of rice, amounting to $2.115 billion. In comparison, during the same period last year, the country exported 1.982 million tonnes of rice valued at $1.083 billion.

Amongst the types of rice exported, Basmati rice saw a growth of 35.59%. A total of 398,764 metric tonnes of Basmati rice, valued at $456.950 million, were exported during this period. This is a substantial increase compared to the 320,751 metric tonnes worth $337.008 million exported in the previous year.

It should be noted that the exports of non-Basmati rice also witnessed a significant surge during this period. Over 2.924 million metric tonnes of non-Basmati rice, valued at $1.658 billion, were exported. This is in comparison to the 1.661 million metric tonnes worth $746.434 million exported during the same period last year.

With such impressive export numbers, the rice industry in Pakistan is thriving. The country has established itself as one of the leading rice exporters globally. The high quality and competitive prices of Pakistani rice make it an attractive choice for buyers around the world.

The success of Pakistan’s rice export can be attributed to the expertise and dedication of rice suppliers and exporters from Pakistan. These companies, such as HAS Rice Pakistan, have played a crucial role in ensuring the smooth flow of rice from the country to the international market. They cater to the diverse needs of buyers by offering a wide range of rice varieties, including Basmati and non-Basmati rice.

Rice mills in Pakistan have also been instrumental in maintaining the quality and consistency of rice exports. These mills employ modern technology and adhere to strict quality control measures to ensure that only the finest rice reaches the customers.

In terms of pricing, Pakistani rice is known for its competitive rates, making it an economical choice for buyers. The availability of detailed price lists, such as the ones provided by HAS Rice Pakistan, enables buyers to make informed decisions.

Rice exporters from Pakistan have successfully ventured into various international markets, establishing strong business relationships. Karachi, the largest city in Pakistan, has emerged as a key hub for rice export. Rice suppliers in Karachi, including HAS Rice Pakistan, cater to the needs of international buyers and provide efficient services to ensure timely delivery.

Pakistan’s rice exports contribute significantly to the country’s economy and foreign exchange reserves. As the demand for Pakistani rice continues to grow, the government and relevant stakeholders must continue to support and promote the rice business in Pakistan.

In conclusion, Pakistan’s rice exports have witnessed an impressive growth of 95.26% during the first seven months of the current financial year. This growth can be attributed to the high quality, competitive pricing, and strong business relationships established by rice suppliers and exporters from Pakistan. With its diverse range of rice varieties and efficient supply chain, Pakistan remains a prominent player in the global rice market.

Source: [Wenews](https://en.wenews.pk)