Rice export surges 8.13% during July-April 2010-11

ISLAMABAD: Basmati rice exports from the country surged by 8.13 percent during July-April 2010-11 to reach $78 million against the exports of $71 million during same period of 2009-10, however the overall rice exports decreased by 1.1 percent during the period under review.

According to the official sources of Ministry of Commerce, exports of basmati and other rice varieties were 3084324 metric tonne (MT) worth $1.79 billion during July-April 2010-11 as compared to 3423613 MT worth $1.81 billion during the same period last year.

The exports of other varieties of rice from the country during July-April 2010-11 decreased by 7.6 percent compared to corresponding period of 2009-10.

Exports of other varieties was 2,133,605 MT worth $1.01 billion during July-April 2010-11 against 2,570,541 MT costing $1.09 billion during the corresponding period last year.

The United Arab Emirates has emerged as the top importer of Pakistani basmati rice by importing 2,10351 metric tonnes of the commodity during July-April 2010-11.

UAE imported basmati rice worth $190.4 million during the period as compared to export of 1,84398 metric tonnes worth of $162.6 million during the same period of last year.

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