ISLAMABAD, July 21 -- Pakistan's rice export revenue dropped by 14.7% in FY25, falling to $3.36 billion, according to new data released by a leading brokerage firm. This decline was driven mainly by weaker global demand and falling international rice prices, especially for non-basmati varieties.

Pakistan exported 5.8 million metric tons (MMT) of rice during the fiscal year, a slight 3.7% decrease from 6 MMT in FY24. While the drop in volume was modest, the sharp fall in export prices had a much greater impact on overall revenue. The average export price declined by 9.1%, from Rs320.8/kg to Rs291.6/kg, reflecting international pricing pressure.

Non-basmati rice, which accounts for over 85% of Pakistan's rice exports, saw the biggest hit....