According to data released by the Pakistan Bureau of Statistics, last year the nation brought $2.041bn foreign trade through rice exports.

The exported volume of rice, both Basmati and non-Basmati assortments, this year was over 4.877 million tonnes, which was 1.19m tonnes more than last year’s figure of 3.684m tonnes.

Its reported by the PBS data, the volume of rice trades increased 32.35 percent while the dollar value terms rose 23pc on a year-on-year premise.

Basmati rice is accounting for more than 0.75m tonnes of export volume and more than $69m in financial terms.

Speaking with Dawn, Rice Exporters Association of Pakistan (Reap) Chairman Ali Hussam Asghar said lower rice prices than in India at the start of the season attracted international buyers towards Pakistan, which helped increase the export volume

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