The Trading Corporation of Pakistan (TCP) has issued a tender to export 100,000 tonnes of long-grain white rice (IRRI-6) to Bangladesh, highlighting a strengthening of trade relations between the two countries following the political changes in Dhaka in August 2024.
According to the tender, companies, partnerships, and sole proprietors can submit separate sealed bids for the supply of rice through Karachi ports. Price offers must remain valid for 21 working days after submission, and the rice must be available for shipment within 45 days of contract award. Bids can be made for a minimum of 25,000 tonnes and in multiples thereof, with a maximum of 100,000 tonnes ±5% variance.
The tender specifies that the rice should come from the latest Pakistani crop, be free of mould, poisonous weed seeds, insects, or any signs of infestation, and be fit for human consumption. This move is seen as Pakistan’s effort to expand its rice exports to Bangladesh, particularly as Indian rice re-enters regional markets after policy changes in 2024.
Pakistan and Bangladesh began direct government-to-government rice trade in February 2025, with prior imports of 50,000 tonnes. At the 9th Joint Economic Commission (JEC), Pakistan also offered the use of Karachi Port Trust as a gateway for Dhaka’s trade with regional countries, including China and Central Asia.
Despite a 28% decline in rice exports in the first quarter of FY26, Pakistan aims to maintain competitiveness in high-end markets and leverage trade opportunities created by US tariffs on Indian goods, including basmati rice. Data shows that the US accounts for 24% of Pakistan’s total basmati exports between November 2023 and October 2024, providing a valuable market for the country’s rice exporters.
