Rice Exports Increase 10.73pc To $1066 Million In 1st Half
Sumaira FH Published January 24, 2022 | 01:04 PM
The exports of rice surged by 10.73 percent during the first half of the current financial year (2021-22) as compared to the exports of the corresponding period of last year
ISLAMABAD, (UrduPoint / Pakistan Point News - 24th Jan, 2022 ) :The exports of rice surged by 10.73 percent during the first half of the current financial year (2021-22) as compared to the exports of the corresponding period of last year.
Pakistan exported rice worth $1066.769 million during July-December (2021-22) against the exports of $963.379 million during July-December (2020-21), showing growth of 10.73 percent, according to the Pakistan Bureau of Statistics (PBS).
Among the rice commodities, the exports of Basmati rice increased by 33.14 percent as these surge from $228.370 million last year to $304.043 million during the current year.
The exports of other rice commodities also grew by 3.77 percent by going up from $735.009 million last year to $762.726 million during the current year, the PBS data revealed.
In terms of quantity, the overall rice exports grew by 12.54 percent including Basmati rice by 47.39 percent and other rice commodities by 7.51 percent, the PBS data revealed.
Meanwhile, year-on-year basis the rice exports witnessed an increase of 3.26 percent in December 2021 as compared with the export of the same month of last year. The rice exports in December 2021 were recorded at $240.260 million against exports of $232.
During the period under review, the exports of Basmati rice increased by 54.25 percent , however, the exports of other rice verities declined 4.82 percent.
On month-on-month basis, the rice exports increased by 3.60 percent as compared to the exports of $231.908 million in November 2021.
On month-on-month basis, the Basmati rice exports witnessed decline of 12.94 percent, however that of other rice verities increased by 8.92 percent.
The overall food exports increased by 22.28 percent during the first half of current year as compared to last year. The food exports of the country were recorded at US $ 2482.704 million during July-December (2021-22) against the exports of US$ 2030.322 million during July-December (2020-21).
It is pertinent to mention here that the overall exports of the country during the first half of current financial year witnessed an increase of 24.71% by going up to $15.102 billion as compared with the exports of $12.110 billion of last year.
The imports also registered about 65.94% growth as these went up from $ 24.454 billion in 1st half of the last year to $40.580 billion during current year, the PBS data revealed.
/395
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 4 May 2024
Today Gold Rate in Pakistan 04 May 2024
Pakistan marks World Press Freedom Day
High-level Saudi business delegation due on May 5
Stocks heat up as US labour market cools
President approves Tax Laws (Amendment) Bill 2024
Implementation of merit, justice to oppressed segments top priorities: CPO
Overseas Kashmir community delegation calls on AJK President, discusses latest s ..
Govt believes in freedom of press: Amir Muqam
Labour urges UK election after Tory losses
Health authorities asked for action against alleged illegal tenders at Services ..
Spain scraps national bullfighting prize sparking debate
More Stories From Agriculture
-
UoA, Beijing Engineering Research Center for Hybrid Wheat sign MoU to promote mutual coop
7 days ago -
'Transforming Punjab Agriculture' plan to help develop farm sector on modern lines: Punjab Agricultu ..
8 days ago -
DC for immediate distribution of agricultural fertilizer to farmers
9 days ago -
MNAs for favorable wheat procurement terms to benefit farmers
10 days ago -
Farmers should preferably complete cotton sowing by May 15, say experts
10 days ago -
Livestock dept, PCS to hold poultry expo from April 30
17 days ago
-
Farmers advised to adopt pre, post harvest management for wheat crop
18 days ago -
Farmers must complete all arrangements prior to wheat harvesting
21 days ago -
Wheat Harvest: Agri deptt issues certain guidelines
21 days ago -
1,800 agricultural equipment to be provided to 710 farmers: secretary
28 days ago -
Steps must be taken for promotion of agriculture sector in Balochistan: Qadir
28 days ago -
Govt working to increase agriculture production in merged districts: KP Minister
29 days ago