India removed a floor price for basmati rice exports on Friday, according to a government order, to help farmers struggling with debt and higher costs boost overseas sales of the premium grade just weeks ahead of the arrival of the new-season crop. Last year New Delhi set a floor price, or minimum export price (MEP), … Read more
KARACHI: Pakistan exported approximately $38 billion worth of goods and services in FY24, an increase from around $35 billion in FY23, according to the Pakistan Bureau of Statistics. While service exports remained relatively stable, rising from $7.6 billion to $7.8 billion, the export of goods grew by $3 billion. The Information and Communications Technology (ICT) … Read more
ISLAMABAD: Pakistan’s fruit and juice exports to China have seen remarkable growth this year, with a significant increase reported in the January-July 2024 period. According to the General Administration of Customs of China (GACC), exports of frozen orange juice from Pakistan reached unprecedented levels, highlighting the rising demand for Pakistani produce in the Chinese market. … Read more
Pakistan has witnessed a significant increase in its fruit and juice exports to China this year. According to the latest data from the General Administration of Customs of China (GACC), during the January-July period of 2024, Pakistan’s frozen orange juice exports to China reached unprecedented levels, showcasing the growing demand for Pakistani produce in the … Read more
ISLAMABAD: Minister for Commerce Jam Kamal Khan Wednesday said Pakistan’s agricultural exports have reached a historic milestone of $8 billion for the first time in history. During a virtual meeting with the Sectoral Council for Rice and the Council for Dairy and its Products, the Minister emphasized the importance of their contribution to the national … Read more
Pakistan’s merchandise exports surged by nearly 16% year-on-year, reaching $2.74 billion in August 2024, up from $2.36 billion in the same month last year, according to data released by the Pakistan Bureau of Statistics (PBS). On a month-on-month basis, August exports saw an increase of 18.9% compared to July 2024. Overall, exports rose by 14% … Read more
Speculation is mounting among salt traders regarding a potential surge in exports to Bangladesh, fueled by recent political developments and environmental challenges in the region. The shift comes as Bangladesh seeks alternatives to its primary salt supplier, India, whose production has been hampered by severe monsoon rains. Industry insiders have reported a marked increase in … Read more
ISLAMABAD: Pakistan’s exports to seven regional countries saw a 25.59% increase in the first month of the current fiscal year (2024-25), reaching $339.88 million14.21% of the total $2.39 billion in exports during July, according to the State Bank of Pakistan (SBP). China was the largest export destination, with exports rising by 4.13% to $160.1 million, … Read more
KARACHI: Speculation among salt traders about a potential surge in salt exports to Bangladesh has intensified recently, driven by political developments in Bangladesh and environmental factors affecting salt production in India, the largest supplier to the Bangladeshi market. Industry insiders report a noticeable increase in quotation requests from Bangladeshi traders, largely due to Bangladesh’s recent … Read more
ISLAMABAD: Pakistan exported 13,681 metric tons of mangoss to 42 countries of the world, fetching $46.7 million during the past one and a half months of this summer season, according to the official documents available with The Express Tribune. The papers suggested the highest earning from a single country came from the Britain, which imported … Read more