ISLAMABAD: Rice exports from the country during the first half of current financial year grew by 26.30pc as compared the exports of the corresponding period of last year.
During the period from July-December 2019-20, rice over 2.020 million metric tons worth $1.033 billion exported as compared to the exports of 1.587 million tons valuing $817.923 million of same period of last year. According to data released by the Pakistan Bureau of Statistics, exports of Basmati rice witnessed overwhelming growth of 55.89pc as about 415,083 metric tons of above mentioned commodity worth $380.623 million exported as compared to the exports of 241,491 metric tons valuing $244.169 million of the same period of last year.
Meanwhile, exports of rice other than Basmati also grew by 13.71pc during the period under review as 1,605,613 metric tons of rice worth $652.428 million exported as against 1,345,961 metric tons valuing $573.754 million during the same period of last year.
However, on a monthly basis, rice exports decreased by 8.19pc in December 2019 as 403,923 metric tons of rice valuing $197.185 million against exports of 431,744 metric tons of same month of last year.
It is worth mentioning here that in first six months of the current financial year, food group exports from the country witnessed 10.96pc growth as food commodities worth $2.199 billion exported as compared to the exports of $1.994 billion of the same period of last year.
On the other hand, food imports during the period under review decreased by 13.48pc as it came down from $2.966 billion in July-December, 2018-19 to $2.556 billion in the same month of the current financial year.
The other food commodities that witnessed positive growth in their respective exports included fish and fish products by 22.56pc, vegetables 40.44pc and meat and meat products 51.89pc.
The import of the food commodities that had witnessed negative growth included milk, cream and milk for infants 26.69pc, dry fruits nuts 9.96pc and tea imports reduced by 24.12pc, the data revealed.
