Global Rice News

Pakistan Rice Exporters Association (PREMA) said that the country’s rice exports increased by 20 percent during the first 11 months of the current fiscal year. As per the data issued by the Trade Development Authority of Pakistan (TDAP), the country earned USD 2.2 billion from the export of rice between July 2020 to May 2021. The overall rice exports reached 4.316 million tons, showing an increase of 20 percent compared to the same period last year.

According to the PREMA Chairman, rice exports witnessed a surge due to several factors including increased demand from traditional buyers, supply chain stability, and government support. The major importers of Pakistani rice include Afghanistan, Saudi Arabia, Bangladesh, Iran, and the United Arab Emirates.

Pakistan is one of the largest rice exporters in the world, with a diverse range of rice varieties including Basmati and non-Basmati rice. The country offers a competitive advantage in terms of quality and affordability. Pakistani rice is known for its unique aroma, taste, and long-grain length.

PREMA aims to promote and facilitate the rice export business in Pakistan. The association works closely with the government and other stakeholders to address the challenges faced by the rice industry. It also organizes exhibitions, seminars, and trade delegations to showcase Pakistani rice and explore new markets.

As the demand for Pakistani rice continues to grow, the country’s rice suppliers play a crucial role in meeting the international demand. These suppliers ensure the quality and timely delivery of rice to the customers. Many rice mills in Pakistan are equipped with modern machinery and technology to produce high-quality rice.

The Pakistani government has implemented policies to support the rice export industry. It provides subsidies on machinery and equipment to enhance the productivity of rice mills. The government also offers financial assistance for research and development in the rice sector.

With its rich agricultural resources and favorable climatic conditions, Pakistan has a competitive advantage in rice production. The country is striving to further improve its rice exports by focusing on product diversification, value addition, and quality control.

In conclusion, Pakistan’s rice exports have witnessed significant growth in recent years. The country’s unique rice varieties, competitive pricing, and government support have contributed to its success in the international market. With the continuous efforts of organizations like PREMA and rice suppliers, Pakistan is poised to further strengthen its position as a leading rice exporter.

Source: [PTI News](“https://www.ptinews.com”)