Karachi, December 2, 2025 – The Rice Exporters Association of Pakistan (REAP) has raised serious concerns over shrinking rice exports and mounting industry challenges during a meeting with the Karachi Chamber of Commerce and Industry (KCCI).
REAP Group Chairman Abdul Rahim Janoo warned that the sector is experiencing one of its most difficult periods, with exporters struggling to remain profitable. “Rice exports are sliding downhill. Many exporters are operating at a loss and are barely covering overhead expenses,” he said while addressing KCCI office bearers.
He noted that the once-strong momentum built through global promotions, trade delegations, and initiatives like the Biryani Festival had uplifted rice exports from US$300 million to nearly US$4 billion. However, he cautioned that exports are sharply declining this year due to policy uncertainty, rising taxes, and weak market conditions.
Janoo added that exporters with diversified investments in real estate, deposits, and stock markets are now burdened with additional taxation, further denting confidence in the rice trade. He urged KCCI and REAP to hold frequent joint consultations to resolve critical sectoral issues and revive export growth.
He also endorsed the Biryani Festival concept, recommending that KCCI invite diplomats and international stakeholders to experience multiple biryani varieties—an initiative he believes can boost global demand for Pakistani rice.
Speaking at the meeting, Businessmen Group (BMG) Chairman Zubair Motiwala stressed that rice remains Pakistan’s second-largest export after textiles, generating US$4 billion annually. However, the current decline to US$2.6 billion reflects a troubling US$1.5 billion drop that Pakistan “simply cannot afford.”
Motiwala emphasized that Pakistan’s export potential is far greater than US$32 billion and could reach US$150 billion with strong value addition. He cited Thailand’s success with rice-based value-added products, urging REAP to invest in research and development to drive innovation in the sector.
He also highlighted the severe strain on industries caused by rising input costs—especially high gas tariffs—leaving many firms unable to undertake essential modernization and maintenance activities.
KCCI President Muhammad Rehan Hanif appreciated REAP’s continued support to the Chamber and acknowledged that rice exports, after years of steady growth, are now declining. He assured full cooperation from KCCI in resolving industry concerns and supporting efforts to revive the rice export sector.