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

Meezan Bank Continues Blood Donation Drive in Partnership with The Indus Hospital

Meezan Bank, Pakistan's premier Islamic bank, once again partnered with The Indus Hospital & Health…

54 minutes ago

Mobilink Bank and Yango Partner to Provide Shariah-Compliant Financing for Drivers in Pakistan

Pakistan’s leading digital microfinance bank, Mobilink Bank, and Yango, part of the global technology company…

3 weeks ago

Pakistani Freelancers’ Earnings Expected to reached $2.5 B in the Current Fiscal Year

Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…

3 weeks ago

Spotify Celebrates Atif Aslam’s Subah Aye Na with Fans and Artists in Karachi

To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…

3 weeks ago

Supernet Technologies set to raise 915 million to strengthen its working capital for growing projects!

KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…

3 weeks ago

NEVO Is Next: Master Changan Continues Bringing Changan’s Global House of Brands to Pakistan

Master Changan Motors Limited (MCML), Pakistan’s No.1 new entrant and leading Chinese automotive brand, is…

4 weeks ago