Pakistan Rice Export up by 11 percent

RiceReportedly rice export from Pakistan have increased by 10.78 percent during first four months of the current financial year as compared to the corresponding period of last financial year.

According to the details during July-October 2015 period 898,603 metric tons of rice worth US$ 339.92 million was exported as compared to 657,420 metric tons valuing US$ 306.89 million during the same period last year.

During October’15 rice export grew by 24 percent as compared to the same month of last year. During the month about 347,685 metric tons of rice worth US$ 121.66 million was exported as compared to 22,948 metric tons valuing US $9.493 million of the corresponding month last year.

However, a point of serious concern was decline in export of Basmati rice. Reportedly export of this superior quality rice decreased by 31.22 percent to 131,160 metric tons from 174,191 metric tons during the period under review.



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