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

Syria’s Sharaa Set for G7 Summit in France Amidst Financial Talks

Syrian Finance Minister Yisr Barnieh received an invitation to the G7 summit in Évian-les-Bains, southeastern…

17 minutes ago

SpaceX’s Starship V3 Prepares for High-Stakes Test Flight Ahead of IPO

Elon Musk's aerospace company, SpaceX, is set to launch its upgraded Version 3 of Starship…

23 minutes ago

Japan Denies Remilitarization Claims from China, Russia

Japan has rejected criticism from China and Russia regarding its perceived remilitarization as "unfounded." Chinese…

31 minutes ago

Prince Harry Faces Funding Collapse, Forces Transparency With King Charles

Prince Harry has been grappling with funding issues for both public and private matters, according…

1 hour ago

Nearly 96% Pilgrims Reach Holy Cities in Final Hajj Flight Phase

The Hajj flight operation to Saudi Arabia has entered its final phase. According to the…

1 hour ago

PSX Surges Over 3,000 Points in Early Trading

Pakistan Stock Exchange (PSX) saw strong bullish activity on Thursday. The KSE-100 Index climbed over…

1 hour ago