Pakistan’s food exports increased by 8.17 percent to $4.62 billion during the first seven months of the fiscal year 2024-25, up from $4.26 billion in the same period last year, primarily driven by a rise in rice shipments, according to data from the Pakistan Bureau of Statistics (PBS).
This marks the 18th consecutive month of export growth, even as domestic food inflation remains at historically high levels, leading to increased prices for consumers across the country.
Rice exports played a key role in the overall increase, with shipments reaching $2.19 billion during July-January 2025, a 3.73 percent rise from $2.12 billion in the corresponding period last year.
The export volume of basmati rice grew by 22.04 percent to 487,221 tonnes, with its export value rising by 11.98 percent to $511.59 million. Non-basmati rice exports also increased by 1.46 percent in value to $1.68 billion, with export volume up 7.72 percent to 3.15 million tonnes.
New export markets, including Bangladesh, have contributed to the expansion of Pakistan’s rice sector, which remains a key driver of exports to the European Union and the United Kingdom. However, the continued surge in rice exports has impacted domestic availability, pushing basmati rice prices up to Rs400 per kg from Rs150 two years ago.
Sugar exports saw a dramatic increase, rising by 2,188 percent to 757,597 tonnes compared to just 33,101 tonnes in the same period last year. Afghanistan has been the primary destination for these shipments, contributing to the domestic price hike in sugar.
Meat exports also registered a modest increase of 2.6 percent during the first seven months of the fiscal year. The expansion of meat exports has been driven by new market openings, the participation of additional exporters, and the approval of more slaughterhouses. However, domestic meat prices have surged in recent years, with buffalo meat prices doubling from Rs700 per kg to Rs1,400, while chicken prices have hit record highs.
Conversely, exports of vegetables declined by 18.14 percent during July-January 2025, mainly due to a drop in onion, potato, and tomato shipments. Fruit exports also recorded a slight decline of 0.24 percent, while fish and seafood exports showed minimal growth of 1.25 percent.
