Pakistan’s rice exports witnessed a 23 percent growth - Global Village space

According to the Pakistan Bureau of Statistics (PBS), rice exports witnessed a 23 percent growth and crossed the $2.5 billion mark during the 2021-22 fiscal year for the first time in country’s history. Pakistan exported 4.877 million tons of rice in fiscal year 2021-22 against 3.684 million tons in fiscal year 2020-2021, showing a growth of 32.35 percent.
In the last few years, rice cultivation area has expanded. As per the Economic Survey of Pakistan (2021-2022), the crop was sown on 3,537 thousand hectares, showing an increase of 6.1% against 3,335 thousand hectares last year. The record high output of rice stood at 9.323 million tons during 2021-2022, higher by 10.7% than the previous year’s production of 8.420 million tons.
Other than expanded area of cultivation, increased rice production is a major element contributing to Pakistan’s increased rice exports. The adoption of innovative technology and the regeneration of good varieties are critical factors in promoting high yields. Some backward local kinds have been replaced by hybrid rice from China.
According to Shahzad Ali Malik, Chairman of the Pakistan Hi-Tech Hybrid Seed Association (PHHSA), regular usage of high-tech hybrid seeds in agriculture can significantly contribute to attaining an ambitious US$35 billion export target with the tagline “Grow More- Export More.” Chunjiu Long, Chief Scientist of the R&D Centre said in a recent interview with Gwadar Pro that Pakistan has a great potential for rice...



Read Full Story: https://www.globalvillagespace.com/pakistans-rice-exports-witnessed-a-23-percent-growth/

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.