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Rice exports surge over 19pc to $594.5m

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The exports of rice surged by 19.04 percent during the first four months of current financial year (2021-22) as compared to the exports of the corresponding period of last year.

At a time when rice exports of the country were on escalating trend, the production of the rice crop has also been estimated at over 9 million tons during current season as compared the output 8.4 million tons of same period of last year.

Pakistan exported rice worth $594.528 million during July-October (2021-22) against the exports of $499.442 million during July-October (2020-21), showing growth of 19.04 percent, according to the Pakistan Bureau of Statistics.

Among the rice commodities, the exports of Basmati rice increased by 27.44 percent as these surge from $161.654 million last year to $206.013 million during the current year.—APP

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