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Pakistan's rice exports to surge to record level after gaining access to Russian market
July 03, 2021

File Photo

International news agency Bloomberg says with the resumption of rice exports to Russia, shipments of the grain from Pakistan are expected to surge to a record this year on bumper production in the country.  

In its report, Bloomberg's said Pakistan is the world's No. 4 exporter of rice, which it exports to about 140 countries.

A jump in exports, which are likely to climb as much as 15% from a year earlier to more than 6 million tons in 2021, will be good for Pakistan

The report said Prime Minister Imran Khan's government is trying to revive the economy with the help of International Monetary Fund, and aims to cut imports and boost overseas sales.