Rice export surges 8.13 percent

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

According to the official sources of Ministry of Commerce, the exports of Basmati and other rice varieties was 3,084,324 metric ton (MT) worth US$1.79 billion during July-April 2010-11 as compared to 34,23,613 MT worth US$1.81 billion during same period last year.

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

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

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