Ambassador: Pakistan’s rice exports to China likely to smash one million tons within two years

Pakistan's rice exports to China increased by 59% in 2020 compared to 2019.

(Getty Images)

Pakistan’s rice exports to China are predicted to smash and surpass the one million ton mark in the next two years due to the ever-increasing demand from the East Asian country.

This was revealed by the Commercial Counselor of the Pakistani Embassy in Beijing, Badar uz Zaman.

According to the ambassador, Pakistan exported around 475,000 tons of rice to China in 2020.

This makes Pakistan the third-largest rice exporter to China in terms of quantity-wise and the fourth-largest in terms of money-wise.

(China Economic Net)

The top three rice exporters to China in 2020 were Vietnam, Myanmar, and Thailand.

The three Southeast Asian countries exported around 787,538 tons, 911,231 tons, and 324,642 tons worth of rice, respectively, to the East Asian country.

It is pertinent to note that rice is the fourth largest export item to China after copper, cotton yarn, and ores.

This means Pakistan has a great potential to exploit this market as the South Asian country’s rice is known to be of excellent quality worldwide.

PCJCCI keen to explore China for rice exports - BOL News

Fortunately, Pakistan is increasingly targetting China as a destination for its rice exports.

In 2020, Pakistan’s rice exports to China witnessed a 59% increase compared to 2019.

The top two rice varieties of Pakistani rice imported by China were semi/wholly milled rice and IRRI-6 & IRRI-9. These were valued at around $259 million.

According to Zaman, eighteen new Pakistani rice companies were registered by the General Administration of Customs of the People’s Republic of China in the last two years. These companies conformed to the Chinese quality standards.

As a result, the number of Pakistani rice companies registered by China has increased to 53.

Zaman remarked that the Chinese consumers liked the IRRI-6 & IRRI-9 rice from Pakistan due to its taste.

He also assured that all commercial sectors in China prioritize Pakistani rice by promoting them via business-to-business (B2B) marketing.

Dr. Amjad Abbas Khan Magsi, an Assistant Professor at the University of Punjab, informed China Economic Net (CEN) that Pakistani hybrid rice is currently witnessing a massive demand from China.

As a result, new hybrid rice varieties are being developed in Punjab, and other parts of Pakistan, which would give maximum yield and low costs.

According to experts, Pakistan has made a significant investment in the rice industry due to the ever-increasing popularity of hybrid rice abroad.

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