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Pak rice export to Malaysia grew by 244pc in two years

20 April, 2012

ISLAMABAD: Pakistan is looking to export more rice to Malaysia, which has emerged as one of the choice destinations for the Pakistani rice exporters.

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ISLAMABAD: Pakistan is looking to export more rice to Malaysia, which has emerged as one of the choice destinations for the Pakistani rice exporters.

High Commissioner of Pakistan to Malaysia, Masood Khalid said 244 percent increase in the rice export to Malaysia during the last two years was encouraging sign.

Khalid said the Pakistani rice exports, including Basmati and non-Basmati rice, to Malaysia had been on an upward trend over the last three years. He said rice exports had consistently grown from 43,000 metric tones in 2009 to 123,000 metric tones in 2010, registering an increase of 186 percent. “I am happy to report exports have further gone up to 148,000 metric tones last year, growing by 20.3 percent,” he said.

To export more rice to Malaysia Pakistan was started negotiations with Malaysia's Padiberas Nasional Bhd (Bernas), responsible for procurement and processing of paddy, as well as importation, warehousing, distribution and marketing of rice in Malaysia.

“With the high demand and consumption of rice among Malaysians, Pakistan could boost its exports, surpassing its 148,000 metric tonnes rice exports last year,” he said.

He said Pakistan had reviewed its plans, including holding discussions with Bernas and persuading the agency to organise ‘Buying Missions' to Pakistan to buy rice. Bernas has so far, led two teams to Pakistan to seal contracts with Pakistani exporters in the wake of floods in Thailand and Vietnam, he said.

Bernas would be planning a visit to Pakistan again in the near future to explore possibility of further rice imports from Pakistan.

He said Pakistan had also been in regular touch with Malaysia's Agriculture and Agro-based Industry Ministry and earlier in February 2012, Chairman Trade Development Authority of Pakistan, Tariq Iqbal Puri visited Malaysia and met the Minister, Datuk Seri Noh Omar and other senior officials.

He said the Pakistan government was also working with the Rice Exporters' Association of Pakistan (REAP) to persuade its members to export more rice to Malaysia. Malaysia's annual import of rice is around one million metric tones and we were told Malaysia had negotiated rice contracts worth 0.8 million metric tonnes with other countries for the next five years.

End.


 
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