Price of 20kg flour bag jumps by Rs180 at Utility Stores

Rice exports increase 17.21% in 10 months, reach $2.051 billion

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Islamabad: During the 10 months of the current financial year, the country’s rice exports increased by about 17.21% compared to the same period last year.

According to the Pakistan Bureau of Statistics, between July and 22, 2021, 4,044,269 tons of rice were exported, valued at $2.051 billion, compared to 3.190,559 tons worth $1.750 billion in the same period last year.

Meanwhile, the country’s basmati rice exports also increased by 22.12% and 15.44% respectively during the reporting period, with 532,407 tons of basmati rice valued at $574.220 million, compared to 508,691 tons worth $470.195 million in the same period. last year.

In last 10 months of current fiscal year, country earned $1.477 billion by exporting about 3,411,862 metric tons of rice other then basmati as against the exports of 2,681,868 metric tons worth of $1.279 billion of same period last year.

On month on month basis, rice exports from the country grew by 36.94% in April, 2022 as 461.513 metric tons of rice valuing $511.806 million as against 307,546 metric tons worth of $189.616 million of same month of last year.

It is worth mentioning here that the food group imports into the country during the month of April, 2022 food group imports into the country decreased by 12.61% and recorded at $697.866 million as against the imports of $777.958 million of same month of last year.

In last 10 months of current financial year, different food commodities valuing $7.747 billion imported as compared the imports of $6.899 billion of same period last year.

During July-April 2021-22, the country’s food imports increased by about 12.30% year-on-year.

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