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Pakistan’s rice exports hit record 655,000 tonnes in 2MFY27, earnings rise 25% to $392 million

August volumes rise 22% YoY to 308,000 tonnes as export proceeds jump 31% to $192 million; Basmati earnings surge 70%.

News Desk

Pakistan’s rice export volumes rose 20% year-on-year (YoY) to a record 655,000 tonnes during the first two months of FY2027, while export earnings increased 25% to $392 million, according to data compiled by Arif Habib Limited (AHL).

Basmati shipments increased 43% to 146,000 tonnes during July-August from 102,000 tonnes in the same period last year. Other rice exports rose 15% to 509,000 tonnes from 443,000 tonnes.

In value terms, Basmati exports climbed 53% YoY to $164 million during 2MFY27 from $107 million, while proceeds from other rice increased 10% to $228 million from $207 million.

Rice accounted for 7.1% of Pakistan’s total exports during the two-month period, up from 6.2% a year earlier. Basmati’s share increased to 3% from 2.1%, while the share of other rice remained unchanged at 4.1%.

Pakistan’s overall exports stood at $5.504 billion during 2MFY27, up 8% from $5.102 billion in the corresponding period of FY2026.

The rebound was also visible in August, when rice export volumes increased 22% YoY to 308,000 tonnes from 252,000 tonnes. On a month-on-month basis, however, shipments fell 27% from 346,000 tonnes in July.

Basmati volumes jumped 58% YoY to 78,000 tonnes in August from 49,000 tonnes, while other rice shipments increased 14% to 231,000 tonnes from 203,000 tonnes.

Rice export earnings rose faster than volumes, increasing 31% YoY to $192 million from $146 million.

Basmati proceeds surged 70% to $88 million from $52 million, while earnings from other rice increased 10% to $104 million from $95 million.

Rice’s share of Pakistan’s total exports consequently increased to 7.5% in August from 6.1% a year earlier. Basmati accounted for 3.4% of total exports, compared with 2.1% in August 2025, while other rice represented 4.1%, up from 3.9%.

Pakistan’s overall exports reached $2.542 billion in August, increasing 5% YoY from $2.417 billion but falling 18% from $2.962 billion in July.

According to AHL’s analysis, rice exports have rebounded following the post-FY2025 normalisation after India lifted its non-Basmati export ban. The brokerage said the recovery was likely supported by higher acreage amid weaker cotton economics, greater water availability associated with increased solarisation and improved farm economics.

https://profit.pakistantoday.com.pk/2026/09/21/pakistans-rice-exports-hit-record-655000-tonnes-in-2mfy27-earnings-rise-25percent-to-dollar392-million QR Code

Published Date: September 22, 2026

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