The country’s rice exports during the first quarter of the ongoing financial year demonstrated a positive growth of 0.98 percent when compared to the corresponding period of the previous year.
During the period from July to September 2023, the rice export figures have reached an impressive 559,557 metric tons, amounting to a total value of $406.387 million. This marks a commendable achievement when compared to the corresponding period in the previous year, where 724,082 metric tons of rice, valued at $402.461 million, were exported, as per data released by the Pakistan Bureau of Statistics.
Over the past three months, the Basmati rice exports registered a growth of 20.48 per cent as 134,839 metric tons of Basmati rice, valued at $131.611 million were exported against the exports of 130,054 metric tons costing $131.611 million of the same period in the previous year.
Meanwhile, the country earned 460,718 metric tons of rice other than basmati rice worth $247.817 million exported as compared to the exports of 594,028 metric tons valuing $270.851 million in the same period last year.
It is worth mentioning here that the country’s food group exports during the first quarter of the financial year 2023-24 increased by 18.88 per as food commodities worth $1.280 billion were exported, compared to $1.077 billion in the same period last year.—APP
