Rice $360m Exported In 8 Months

ISLAMABAD PAKISTAN: The rice worth $360 million was exported in the first eight months of the current fiscal year, which is 2.34 percent less than that in the corresponding period last year.

According to Federal Bureau of Statistics, basmati rice worth $523.1 million were exported by February of the current fiscal year, which is 31.74 percent short of that in the corresponding period last year.

Meantime, the exports of other varieties of rice were at $839.8 million up 33.45 percent in the same period.

The commodity worth $206.1 million was exported in February 2010, which is 56 percent more as compared to the last year.

The rice exports account for 11 percent of the total exports of the country and 65 percent of the food exports.