Advertisement
Categories: BusinessNews

Pakistan tops sesame seed exports to China, record growth predicted

Advertisement

In a remarkable development for the national economy, Pakistan has witnessed a significant surge in sesame seed exports to China, with Chief Executive of the Trade Development Authority (TDAP) , Zubair Motiwala, announcing Pakistan’s lead in sesame seed exports to China, projecting exports to reach an impressive $450 million this year.

Motiwala revealed that there has been an extraordinary 242% increase in sesame seed exports between the two countries, with total exports already reaching $380 million and expected to surpass $450 million by the year-end.

He highlighted Pakistan’s newfound dominance in the sesame seed export sector to China, a stark contrast from previous years when tea exports were not a significant consideration. According to Motiwala, Pakistan now leads in supplying sesame seed to China, marking a historic achievement in bilateral trade relations.

The Director General of Agriculture, Athar Hussain Khokhar, echoed Motiwala’s sentiments, emphasizing that Pakistan’s sesame seed exports are set to exceed $400 million this year, placing Pakistan’s sesame seed production between the ninth and fifth positions globally. Khokhar further noted that Punjab contributes 92% of the total tea production, prompting the Trade Development Authority to launch a special awareness campaign in Punjab to boost sesame seed production in the region.

This concerted effort aims to leverage Punjab’s potential to further enhance Pakistan’s sesame seed exports and solidify its position as a key player in the global sesame seed market.

This post was last modified on March 14, 2024 3:58 pm

Advertisement
Zayn

Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

Recent Posts

Sam Raimi’s Send Help delivers a gory thrill ride

Send Help stars Rachel McAdams and Dylan O’Brien as Linda Liddle, a dorky financial strategist…

42 seconds ago

SSGC Appoints Muhammad Amin Rajput as Managing Director/Chief Executive Officer

Muhammad Amin Rajput has been appointed as the Managing Director/Chief Executive Officer of SSGC on…

1 hour ago

Pakistan launches airstrikes on Afghanistan, declares ‘open war’ following months of clashes

Pakistan launched airstrikes on major cities within Afghanistan, including the Afghan capital Kabul and its…

2 hours ago

Imaan Mazari, Hadi Chatha granted bail in two cases

ISLAMABAD - An anti-terrorism court in Islamabad has granted bail to Imaan Mazari, daughter of…

2 hours ago

Green Party sweeps by-election, dents Labour’s momentum

A significant shift has occurred in the UK's political landscape as the Green Party secured…

2 hours ago

Pakistan’s KSE-100 Index Falls Over 1,000 Points amid Volatility

The Pakistan stock market witnessed significant volatility on Friday as its benchmark index, the KSE-100,…

2 hours ago