rice exports in 9 months increase by 83.37%
Published on: May 2, 2024.
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Rice Exports from Pakistan See Impressive Growth in First Three Quarters
Pakistan’s rice exports have seen a significant surge in the first three quarters of the current financial year, with an increase of 83.37 percent compared to the same period last year. According to the data from the Pakistan Bureau of Statistics, during the period from July-March 2023-24, the country exported over 4.550 million metric tons of rice, valued at $2.930 billion, compared to 2.939 million metric tons, valued at $1.598 billion, in the previous year.
The growth in exports is particularly notable for Basmati rice, which saw a rise of 36.37 percent during this period. Over 545,220 metric tons of Basmati rice, worth $622.345 million, were exported, compared to 430,543 metric tons, valued at $456.357 million, in the same period last year.
Additionally, in the first nine months of the current financial year, Pakistan earned $2.308 billion by exporting over 4.005 metric tons of rice from other varieties. This is a significant increase from the previous year, which recorded exports of 2.508 million metric tons, valued at $1.114 billion, in the same period.
The overall food group exports from the country have also experienced growth, reaching 48.17 percent during the first three-quarters of the current financial year. The value of food commodities exported amounted to $5.651 billion, compared to $3.814 billion in the same period last year.
Pakistan’s rice industry is thriving, thanks to its robust rice suppliers and exporters. There are several reputable companies in the country, such as HAS Rice Pakistan (https://www.hasrice.com) and Pakistan Rice (https://www.pakistanrice.com), that play a vital role in the rice business. These companies offer a wide range of rice varieties, including white broken rice, 25% broken rice, and Basmati rice.
HAS Rice Pakistan (https://www.hasrice.com) is one of the leading rice suppliers in the country and specializes in exporting high-quality rice to international markets. They are known for their extensive rice mills in Pakistan and their commitment to delivering premium rice products. Their website also provides detailed information on Pakistani rice prices, including the prices of IRRI 6 rice and Basmati rice. Visit their website to explore their rice offerings and learn more about the rice export industry in Pakistan.
For those looking to buy rice from reliable suppliers in Pakistan, Pakistan Rice (https://www.pakistanrice.com) is an excellent choice. They are recognized as one of the top rice exporters from Pakistan and offer a wide range of rice varieties to meet different consumer needs. Whether you’re interested in Basmati rice, white broken rice, or 25% broken rice, Pakistan Rice has a diverse selection to choose from. Their website also provides information on rice export prices from Pakistan, helping buyers make informed decisions.
The remarkable growth in Pakistan’s rice exports showcases the country’s thriving rice industry. With a wide range of rice varieties available and reliable suppliers like HAS Rice Pakistan and Pakistan Rice, the future of the rice business in Pakistan looks promising.
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