Pakistan’s rice exports to China saw a significant increase in 2022. Exceeding USD 455 million with a volume of more than one million tonnes, marking the first time that the China-Pakistan rice trade had surpassed the one million tonne mark. Said Ghulam Qadir, the Commercial Counsellor at Pakistan’s Embassy in Beijing. Bilateral trade in agriculture products increased significantly, with China importing over 1.19 million tonnes of different types of rice from Pakistan, a year-on-year increase of 53%, according to the General Administration of Customs of China.
Qadir attributed the growth in exports to the hard work of businessmen and the facilitation from both governments. He believes that the opening up of China will further boost these exports. According to statistics from the General Administration of Customs, in 2022, China’s imports of semi or wholly-milled rice from Pakistan reached USD 211.88 million, while two types of broken rice reached USD 162.78 million and USD 80.74 million, respectively.
Qadir also mentioned that the Chinese government is supporting Pakistan by establishing offline and online pavilions and Pakistani rice has hit the e-commerce platform in China, with further sales growth expected. The number of Pakistani enterprises registered with GACC has also increased, with 62 enterprises currently registered.
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Pakistan’s Rice Exports to China: Pakistan’s export industry has great potential, particularly for a developing country like Pakistan. Exports play a crucial role in driving economic growth, creating employment opportunities, and reducing poverty. Exports generate foreign exchange, which is necessary to pay for imports, particularly capital goods such as machinery, equipment, and technology. When a country’s export sector is performing well, it has a positive impact on the economy, business, and development of that country.
Export-led growth can have a significant impact on a country’s economic development, and Pakistan has significant potential in this area. The country has a rich agricultural sector and is the world’s sixth-largest producer of rice, which presents a tremendous opportunity for export growth. The rise in exports of rice to China is good news for Pakistan, as it provides a boost to the country’s economy and helps to strengthen bilateral trade relations between the two countries.
In conclusion, Pakistan’s increased rice exports to China are a positive development for the country, particularly for the export sector. The rise in exports to China is an indication of the country’s export potential and the hard work of the businessmen and the government’s facilitation. With continued support and investment in the export sector, Pakistan can become a significant player in the global export market, further driving the country’s economic growth and development(Pakistan’s Rice Exports to China).
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Umar is an engineer by profession and a passionate writer by passion. He has a deep interest in sharing good news related to Pakistan and has been working hard to promote the positive image of his homeland. Umar has written numerous articles on various topics related to Pakistan, such as technology, sports, culture, and economy.