Monday, 15 July 2024, 12:26:11 pm

Agri, food exports witnessing significant increase: SIFC
July 10, 2024

Exports of agricultural and food products are witnessing a significant increase due to the efforts of Special Investment Facilitation Council.

For the first time, in history, Agro exports increased by thirty seven percent from 5.8 billion dollars to 8 billion dollars during the last fiscal year. Rice exports stood at 3.8 billion dollars, sesame seeds 410 million dollars,  corn 421 million dollars, meat 507 million dollars and onion $224 million dollars.

In addition, exports of fruits and spices have increased manifold. Export of mango increased by 12.74 percent, while that of spices by 7.8 percent.

This increase indicates the growing importance of Pakistan's agriculture sector in the global market and the revolutionary initiatives of SIFC.

According to the Chief Executive Trade Development Authority of Pakistan (TDAP), the opening of the Chinese market for Pakistani meat has led to a substantial increase in meat exports.

The tireless efforts of the SIFC and the Ministry of Commerce have also opened the new markets of Jordan, Uzbekistan, Lebanon and Egypt for meat export. Pakistan also exported cherries to China for the first time.