Pakistan’s rice export to China crossed $277.56 million in the first five months of FY22, up 9.73% year on year.
Pakistan remained one of the major broken rice suppliers to China, according to the official data from the General Administration of Customs of the People’s Republic of China (GACC).
Pakistan Embassy in Beijing Commercial Counsellor Badaruz Zaman said that currently broken rice, especially Irri-6, Irri-9 and semi or wholly milled rice are the main varieties exported to China, while traders still need to work hard to capture the Chinese market for Basmati and other top varieties.
“Last year, China imported 973,000 tons of rice worth $437 million from Pakistan. Seven new rice exporters of Pakistan have been added to the approved list, which has risen to 53,” he said.
“China relaxed import restrictions on Pakistani rice, which helped increase export to China.”
He believes that within a few years Pakistan will become the largest rice exporter to China.
THE ARTICLE ORIGINALLY APPEARED ON THE CHINA ECONOMIC NET
Published in The Express Tribune, July 5th, 2022.