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Pakistan’s Agricultural Exports Hit Record $8 Billion: Jam Kamal

by Web Desk
September 4, 2024
in Business, Economy, New, News, Pakistan
0
Pakistan's Agricultural Exports Hit Record $8 Billion: Jam Kamal

Pakistan's Agricultural Exports Hit Record $8 Billion: Jam Kamal

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ISLAMABAD: Pakistan’s agricultural exports have reached an unprecedented milestone of $8 billion; marking the first time in history the sector has achieved this level, according to Commerce Minister Jam Kamal Khan on Wednesday.

In a virtual meeting with the Sectoral Council for Rice and the Council for Dairy and its Products, the minister highlighted the critical role these sectors play in boosting the national economy. He emphasized the government’s commitment to further increasing export volumes, with all necessary measures being implemented to achieve this goal.

Kamal urged the council to aim for a $5 billion export target for the upcoming year, reflecting the government’s confidence in the sector’s continued growth. He also noted Pakistan’s strong presence in the European and Gulf markets for rice but stressed the importance of producing pesticide-free products to maintain this competitive edge.

Earlier reports indicated that Pakistan exported over 1.126 million metric tons of vegetables, valued at $430.055 million, during the financial year ending June 30, 2024. This represents a 43.20% increase in vegetable exports compared to the previous year, according to the Pakistan Bureau of Statistics.

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