Export Potential of Fine Rice From Pakistan

Syed Mushtaq Hussain

Abstract


In recent years, rice has emerged as an important foreign
exchange earner for Pakistan. All the rice exports since 1958-59 were
supplied by West Pakistan, a surplus rice area under the present price
and procurement policies. In spite of an overall rice deficit, due to
deficiency of production in East Pakistan, high-priced fine varieties
were exported at the same time that PL 480 food grains were being
imported. The current thinking in and outside the government is to raise
substantially the production and exports of fine rice (especially
Basmati rice). In order to examine the rationality of increasing the
production and exports of fine rice, certain basic information on world
supply and demand are essential. This paper attempts to provide and
build up some of the necessary infor¬mation on the supply of and demand
for Pakistan's fine rices. Moreover, the rationality of increasing the
production and exports of fine rice and of continuing the present policy
and institutional framework for the procurement and export of rice, is
examined. The paper is divided into four parts (in addition to the
intro¬duction and conclusion): i) supply potential of fine rices, ii)
potential world demand for fine rices; iii) policy and institutional
framework for the procure¬ment and export of fine rice; and iv)
rationality of increasing the production and export of fine rice.

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DOI: https://doi.org/10.30541/v4i4pp.665-706

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