Advertisement
Categories: BusinessNewsPakistan

Pakistani Rice Exports to Saudi Arabia Surge by 25%, Hit $4 Billion

Advertisement

Pakistani rice exports to Saudi Arabia have witnessed a 25% rise in 2024, reaching a record $4 billion. The quality of Pakistani rice has garnered widespread appreciation among Saudi consumers, strengthening its foothold in the market.

Exporters are optimistic about achieving $4.5 billion in rice exports by 2025, with strategic efforts underway to enhance Pakistan’s position in Saudi Arabia. The Chairman of the Saudi-Pakistani Business Council commended the premium quality of Pakistani rice, highlighting its growing reputation.

Pakistan’s Special Investment Facilitation Council (SIFC) has played a key role in achieving this historic milestone. SIFC official Shahjehan Malik revealed that the target for rice exports in the next fiscal year has been set at $5 billion. He emphasized the importance of developing modern seeds and promoting standardized agricultural practices to sustain growth.

Malik also noted that Pakistan’s Basmati rice remains pivotal in global trade partnerships due to its superior quality. In 2024, Pakistan exported over 6 million tons of various rice varieties, further solidifying its position in the international market.

Advertisement
Zubair Yaqoob

Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories. Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting. Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.

Recent Posts

Your Guide to Safe Rides and Deliveries with inDrive

Taking a ride or sending a package shouldn’t come with second guesses. That’s why inDrive,…

6 days ago

Irfan Junejo to Represent Pakistan as Begin Partners with LaLiga for Exclusive FC Barcelona Interviews

First-ever official representation from Pakistan at FC Barcelona’s base camp marks a new chapter in…

2 weeks ago

Dowry: A Deadly Tradition That Must End

A young bride from Gujranwala has become the latest victim of a cruel and deep-rooted…

2 weeks ago

Begin Secures Global Streaming Rights for Pakistan Idol

Begin, the UAE-based OTT platform, has acquired the global streaming rights for Pakistan Idol, one…

2 weeks ago

Remembering Shaheed Hakim Mohammed Said

Members of the Hamdard Shura Karachi chapter and young speakers of the Hamdard Naunehal Assembly…

3 weeks ago

Farhan Ghani Arrested Over Alleged Assault on Government Servent, FIR registered

Pakistan Peoples Party (PPP) local leader and Chanesar Town Chairman Farhan Ghani has been arrested…

2 months ago