Tag: rice

  • Pakistan to emerge as key supplier for Iran’s rice imports

    Pakistan to emerge as key supplier for Iran’s rice imports

    Tehran/Islamabad, August 18, 2025 – Pakistan is set to become a major and reliable source of rice supplies for Iran after a landmark ministerial meeting between the two neighboring nations.

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  • Jilani raises rice exporters concerns with SBP

    Jilani raises rice exporters concerns with SBP

    KARACHI – A high-level delegation of the Rice Exporters Association of Pakistan (REAP), led by Senior Vice Chairman Javed Jilani, met with State Bank of Pakistan (SBP) Governor Jameel Ahmad to discuss pressing issues confronting rice exporters.

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  • Pakistan’s rice export suffers 15% decline in FY25

    Pakistan’s rice export suffers 15% decline in FY25

    Karachi, July 23, 2025 – Pakistan’s rice export sector has taken a major hit during fiscal year 2024-25 (FY25), witnessing a sharp 15% decline in overall export value.

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  • Pakistan’s rice export suffers 12% blow amid price crash, tax woes

    Pakistan’s rice export suffers 12% blow amid price crash, tax woes

    Karachi, June 20, 2025 — Pakistan’s rice export sector is reeling from a severe setback as official data from the Pakistan Bureau of Statistics (PBS) shows a staggering 12% year-on-year decline in export earnings during the first 11 months (July–May) of FY2024-25.

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  • Rice exporters urge tax relief, Aurangzeb promises consideration

    Rice exporters urge tax relief, Aurangzeb promises consideration

    Karachi, May 1, 2025 – Pakistan’s rice exporters have called on the government to offer tax incentives to strengthen the rice sector and boost foreign exchange earnings.

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  • Nationwide Transporters Strike Halts $20 Million in Rice Exports

    Nationwide Transporters Strike Halts $20 Million in Rice Exports

    Karachi, April 19, 2025 – A nationwide strike by goods transporters has severely disrupted Pakistan’s export sector, bringing the movement of key commodities—especially rice—to a grinding halt. The five-day strike has caused an estimated $20 million loss in rice exports alone, sparking alarm among exporters and industry leaders.

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  • Kenya Lowers Customs Valuation on Pakistani Rice

    Kenya Lowers Customs Valuation on Pakistani Rice

    KARACHI: Kenya has officially reduced the customs valuation for Pakistani rice to $460 per metric ton, down from its previous valuation of $615 per metric ton.

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  • REAP Suggests Hassle-Free Tax Payment System

    REAP Suggests Hassle-Free Tax Payment System

    PkRevenue.com – The Rice Exporters Association of Pakistan (REAP) has called on the government to implement a one-window tax system for exports to simplify tax payments and aid exporters.

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  • Kenya Releases 1,300 Containers of Pakistani Rice

    Kenya Releases 1,300 Containers of Pakistani Rice

    PkRevenue.com – Kenya has authorized the release of 1,300 containers of Pakistani rice that had been delayed at the Port of Mombasa. This resolution follows the proactive intervention of Pakistani Federal Minister for Commerce, Jam Kamal Khan, signaling strengthened economic ties between the two countries.

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  • Rice exports to cross one million tons: Pakistan envoy

    Rice exports to cross one million tons: Pakistan envoy

    BEIJING: Pakistan has a huge potential to enhance rice export to several countries especially China and Pakistani rice export is likely to cross one million tons within two years with increased demand from the Chinese market, said Badar uz Zaman, Commercial Counselor of Pakistan Embassy in China.

    “Last year our rice exports to China was 475,000 tons and in quantity wise we are the third largest country while in amount or money wise we are fourth largest rice exporter to China,” he added.

    Last year, Vietnam, Myanmar, and Thailand were the top three rice exporters to China, with export of 787,538 tons, 911,231 tons, and 324,642 tons respectively.

    China had appeared as one of the top destinations for Pakistani rice with 59 per cent increase of broken rice in last year while semi/wholly milled rice and IRRI-6 and IRRI-9 are the main top two rice varieties imported by China amounted to around $259 million last year.

    Badar uz Zaman said the number of registered rice exporters has increased to 53 and within the last two years as 18 new Pakistani rice companies were registered by the General Administration of Customs, China, which shows the huge demand for Pakistani rice in the Chinese market. These companies fully meet the Chinese standard.

    He said that IRRI-6 and IRRI-9 types of rice have special Chinese consumer taste, while all commercial sections in China are trying B2B marketing to promote all kinds of Pakistani rice types, and also the products of quality are in demand here.

    According to a report released by China-Pakistan Agricultural and Industrial Information Platform (CPAIC), Pakistan has already become one of the top rice producers and exporters in the world.

    The rice grown in Pakistan is mainly divided into Basmati rice and non-Basmati rice. Basmati rice, with slender and elongated grains, aromatic taste, and soft and fluffy texture when cooked, is one of the most favored high-end rice varieties in the international market.

    Pakistan is the most important growing area of Basmati rice besides India and Bangladesh.

    Hybrid rice breeding assisted by China is elevating Pakistani rice yield to a new height.

    Honglian hybrid rice developed by Wuhan University and harvested in eight demonstrative plots in Pakistan has demonstrated ability to raise production by two times.

    A rice variety bred by China’s Yuan Longping High-tech Agriculture Co., Ltd. in collaboration with Guard Agriculture Research and Services are anticipated to double the rice production in Pakistan from 2 tons per acre to 4 tons per acre.

    Last year, a total of 500 tonnes of hybrid rice seeds from a seed company in east China’s Jiangsu Province landed in Pakistan to help ensure the country’s grain yield.

    It may be mentioned here that China permitted imports of Pakistani rice in January 1, 2006. In February of the same year, the first batch of rice shipped from Pakistan.