Pakistan, July 22 -- Pakistan's rice exports observed a notable drop in revenue in FY25 on account of a sharp decline in international prices, showed data released by Optimus Capital Management on Monday.

As per the brokerage house, the country's total rice exports stood at 5.8 million metric tons (MMT) in FY25, down by a modest 3.7% compared to 6MMT in the previous year.

But the picture was less rosy on the revenue front. Total rice export earnings registered a significant decline of 14.7% year-on-year, slipping to $3.36 billion in FY25 from $3.93 billion in FY24.

The decline was largely attributed to falling global prices, particularly for non-basmati varieties, which account for over 85% of Pakistan's rice exports.

Basmati rice saw...