PSX reaches new heights as KSE-100 Index exceeds 86,000 points
The Pakistan Stock Exchange (PSX) has achieved a significant milestone, with the...
Pakistan’s rice exports have seen a sharp rise, earning over $721.8 million in foreign exchange during the first quarter of the current fiscal year. This represents a 77.63 percent increase compared to the same period last year.
From July to September, Pakistan exported 991,000 metric tons of rice, significantly up from the 596,000 tons exported in the previous year’s first quarter. In the previous year, rice exports generated $406.4 million in foreign exchange.
In September alone, Pakistan exported 374,000 metric tons of rice, bringing in $257.2 million. This marks a 49.19 percent year-on-year increase, as 255,000 metric tons were exported in September last year, earning $172.4 million.
Notably, Basmati rice exports rose by 65.78 percent, with 252,000 metric tons exported in the first quarter.
This surge highlights Pakistan’s growing role in the global rice market and the rising demand for its high-quality rice varieties.
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