Rice exports rose 16.87pc during July-October 2017

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ISLAMABAD: Rice exports from the country during first four months (July-October) of current fiscal year increased by 16.87 per cent compared to same period of last year.

The rice export during the period under review rose to $457.66 million from $391.595 million during July-October 2016-17, according to latest data released by Pakistan Bureau of Statistics (PBS).

On month-on-month basis, the rice export also increased to $137.423 million in October 2017 from $96.306 million in September 2017, showing an increase of 42.69 per cent.

However, on year-on-year basis, the rice export decreased by 7.71 per cent as the export went down $148.9 million in October 2016 to $137.42 million.

Demand of Pakistani rice has increased due to its special fragrance, colour and quality across the world.

A spokesman of Agriculture Department said the Agriculture Department has launched a special campaign about toxin-free paddy crops this year, Radio Pakistan reported on Monday.

He said international rice export companies have lauded the initiative of the agriculture department.

Pakistan produces world class rice and has a well-developed rice processing industry as proven by its exports to high-end and the most sensitive markets around the world.