Rice exporters overcome challenges as sales grow 19%

Pakistan has achieved a remarkable progress in rice exports during the first half of the current fiscal year, recording a 19% increase despite facing significant global challenges. This surge in exports is likely to continue in the second half as well. According to official statistics, from July to December 2024, Pakistan exported 3.06 million tons of rice worth $1.87 billion, compared to 2.57 million tons worth $1.64 billion in the same period of last year. Basmati rice exports exhibited an impressive growth of 30.4%, with shipments of 416,491 tons valuing at $433.81 million, up from 367,465 tons worth $318.85 million last year. Non-Basmati rice exports grew 17.2% to 2.65 million tons with total value of $1.44 billion, compared to 2.25 million tons worth $1.27 billion in the corresponding period of 2023.