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Pakistan sees significant increase in imports from Iran.

By Web Desk ISLAMABAD: Pakistan’s imports from Iran have witnessed a substantial surge, with a 47 per cent increase on a yearly basis, ARY News reported citing government sources. According to details, the country’s imports from Iran stood at $533 million from July to November 2024, up from $398 million during the same period last […]

Thai 2024 rice exports to hit 6-year high, say industry officials

Shipments rose due to low yields among neighbors, India trade restrictions. APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer BANGKOK — Thailand’s rice exports are likely to hit a six-year high of about 10 million tonnes this year, backed by surging demand from Indonesia, the Philippines and other importers, according to industry officials. The Southeast Asian country is […]

Pakistan ranks fourth in global rice-exporting countries

Pakistan is now ranked fourth position in global rice exports, reflecting a significant increase in its rice production. According to the report, agricultural experts from the University of Agriculture in Faisalabad have highlighted that global rice production has reached 483 million tons, with Pakistan contributing over 6 million tons to this total. As a result, […]

Rice-driven food exports jump 20pc

ISLAMABAD: Pakistan’s raw food exports increased by 19.58 per cent to $3.15 billion during July-November FY25 from $2.64bn mainly owing to increased rice exports. Raw food exports have risen for the past 16 consecutive months despite unprecedented food inflation in the country’s history. As a result, consumers nationwide are paying higher prices for food items […]

Govt to ensure seamless rice sector operations, Reap assured

Recorder Report. ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan and Federal Minister for National Food Security and Research, Rana Tanveer Hussain held a crucial meeting with members of the Rice Exporters Association of Pakistan (Reap) to address the challenges faced by the rice export sector. The ministers assured exporters of the government’s commitment to […]

Pakistan’s rice exports back on track after FIA raids

MNFS&R, REAP, MoC and others come to an agreement after days of export standstill By Ghulam Abbas The Ministry of National Food Security and Research (MNFS&R), in collaboration with the Ministry of Commerce and other relevant departments, has successfully facilitated the resumption of rice exports after a brief suspension caused by procedural impediments. However, the […]

Asia rice: Rising supplies weigh on India prices

Reuters BENGALURU/MUMBAI/HANOI/BANGKOK AND BANGLADESH: Prices of parboiled rice exported from India fell this week as the rupee depreciated and supplies increased, while Vietnamese rates edged lower on fears of a potential drop in demand from the Philippines. Top exporter India’s 5% broken parboiled variety was quoted at $440-$446 per metric ton this week, down from […]

Tea, rice exports to Iran may take a hit on rial devaluation

Synopsis Iran’s currency devaluation threatens Indian tea and basmati rice exports. The increased cost of imports may hinder sales of premium orthodox tea, while basmati rice exporters face insurance and pricing challenges. However, some believe the impact on rice may be mitigated by government subsidies. Kolkata: Exports of premium quality Indian orthodox tea and basmati […]

Pakistan pledges swift action as EU flags contaminated rice shipments

“We cannot afford to let such lapses continue, given the importance of rice exports to our economy,” says official. By Israr Khan ISLAMABAD: The Pakistan government has vowed swift action to address growing challenges faced by rice exporters following the interception of contaminated shipments in the European Union (EU), a development that threatens the country’s […]