According to China's General Administration of Customs of
China (GACC), Pakistan's rice exports rose 3.9% to $ 132.59 million in the
first two months of this year.
During the first two months (Jan-Feb) of 2022, bilateral
trade has increased significantly and China imported more than 347,434 tons of
different types of rice, increasing 18% by volume and rising to $132.5 million
by worth, while last year in the same period, it was 294,240 tons worth $127.61
million.
Commercial Counselor of Pakistan Embassy in Beijing Badaruz
Zaman said, “I hope this year Pakistan will achieve the target of one million
tons of rice export to China and within a few years, Pakistan will be the
largest rice exporter in the Chinese market”.
“I think Chinese seed and technology, especially colour
sorter machines, helped increase the export of Pakistani rice to China.”
He said that last year China imported about 973,000 tons of
rice worth $437 million from Pakistan.
Zaman said that Pakistan has become the third-largest
exporter of rice to China, adding that they are using traditional and
especially social media platforms to create awareness about Pakistani rice in this
market.
Karachi Chamber of Commerce and Industry (KCCI) former vice
president and Integra Trade and Marketing CEO Shamsul Islam Khan underlined
that the “reason for the increase of rice export to China is that there is no
quota system applied to broken rice and the duty is 10%, while Chinese hybrid
seed increased the production and cultivation here”.
“I requested that China should accept more Pakistani
companies in the approval list which is now 53 and remove all duties that will
help increase Pakistan’s export of rice to China,” Khan added.
|Source: Online/KSU
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