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Basmati and Other Rice Exports See Sharp Decline in Pakistan

Basmati and Other Rice Exports See Sharp Decline in Pakistan

Basmati and Other Rice Exports See Sharp Decline in Pakistan, according to the Rice Exporters Association. Between July and December 2025, Pakistan rice exports dropped by 68.52%, with Basmati rice falling 93.21%. Exporters say this decline is the result of high export duties and fluctuating rice prices.

The Ministry of Commerce has taken steps to improve the situation. It announced a nine percent duty concession on Basmati rice and a three percent reduction on other varieties. These export incentives, effective from January 23, 2026, aim to make Pakistani rice competitive with Indian rice. Officials expect this measure to encourage trade and increase export levels by June 30, 2026.

Exporters emphasize that the current decline affects both revenue and employment in the Pakistani rice market. Malik Faisal, Chairman of the Rice Exporters Association, lauded the government’s policy, calling it a historic concession. He promised that rice exports could reach $1.5 billion by mid-2026 if the export promotion continues. Duty drawbacks and revised trade levies are expected to further support exporters.

Experts note that Pakistan’s rice varieties, especially Basmati, remain in high demand globally. However, without consistent export policies and incentives, the rice trade may continue to face challenges. Strategic government measures and proactive exporters are essential to reversing the rice export decline.

In conclusion, Basmati and other rice exports see a sharp decline in Pakistan, but new duty concessions and trade incentives provide hope. With timely action, export targets and revenue growth are achievable.

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Basmati and other rice exports see a sharp decline in Pakistan, but duty concessions aim to boost rice trade and increase exports.

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