First Time in History Pakistan Earns $4 Billion in Rice Exports in 2024 – Startup Pakistan

For the first time ever, Pakistan has set a new record by exporting $4 billion worth of rice in the current fiscal year. This remarkable achievement is largely due to the efforts of the Special Investment Facilitation Council (SIFC), which has played a crucial role in boosting the country’s agricultural sector. One of the standout products in this success is Pakistan’s famous basmati rice, known worldwide for its excellent quality.

Shahjahan Malik, the former Chairman of the Rice Exporters Association of Pakistan, shared his excitement about this milestone. He is hopeful that Pakistan can achieve even greater success next year, with a new goal of $5 billion in rice exports. According to Malik, this ambitious target can be reached by focusing on modern seed research and encouraging high-quality farming practices. By improving these areas, Pakistan can continue to expand its agricultural output and meet the growing demand for its rice around the world.

Pakistan’s basmati rice has long been celebrated for its top-notch quality, making it a popular choice in international markets. This growing demand has strengthened Pakistan’s position in global trade and provided a major boost to the country’s agriculture industry. The SIFC has been instrumental in driving investments and promoting Pakistan’s agricultural products, helping them gain recognition on the international stage. As a result, Pakistan’s rice exports are playing an increasingly important role in the country’s economy, benefiting both farmers and the broader agricultural community.

With continued focus on research, quality, and investment, Pakistan’s agriculture sector is poised for even greater achievements in the years ahead. This success story is not only a win for the rice industry but also a positive sign for Pakistan’s overall economic growth.