Rice exports cross $2 billion mark: Pakistan Observer

Karachi —Despite global recession, financial crunch and strong competition in the international markets, Pakistan’s rice exports have crossed the $2 billion mark in the current fiscal year.

According to the data available here, Pakistan exported a total of 2.896 million tons rice to different countries in the period from July 1, 2008 to June 27, 2009. Out of the total exports, Pakistan exported 909,709 million Basmati rice worth $995,995,749 while 1,987,137 tons non-Basmati rice worth $1,004,243,092 was exported in this period.

Although this figure is slightly less than previous fiscal year’s exports of $2.2 billion, however, it is a big achievement for the country, Abdul Rahim Janoo, Chairman Rice Exporters Association of Pakistan (Reap) said this at a luncheon meeting with the Chairperson of Karachi Port Trust (KPT) Nasreen Haq, here on Saturday.

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