Rice slump drags down FY25 food shipments
ISLAMABAD: Pakistan’s raw food exports fell by nearly 4 per cent to $7.116 billion in FY25 from $7.369bn a year earlier, largely due to a sharp drop in rice exports.
The decline in raw food exports marks the end of a 20-month streak of uninterrupted growth, despite persistently high food inflation.
According to data compiled by the Pakistan Bureau of Statistics (PBS), the export of traditional value-added products saw only marginal growth during the fiscal year.
Rice exports fell by 14.72pc year-on-year to $3.353bn from $3.931bn. While the volume of basmati rice exports increased by 4.48pc to 808,643 tonnes, its value dropped by 5.3pc to $830.57........
© Dawn Business
