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In 2010, Pakistan was exporting rice to 109 countries of the world. [3] In fiscal 2012, rice exports from Pakistan crossed 3.7 million tons, valued at $2.08 billion at an average price of $871 per ton for Basmati rice, and $448 per ton for non-Basmati rice. [4]
According to the Bangladesh Bureau of Statistics, rice production in Bangladesh reached about 39.1 million tonnes in the fiscal year 2022–23 (FY23), [12] while rice imports were around 1.05 million tonnes, a notable decline from 2.65 million tonnes in 2021. [11] [13]
Rice production by country (2019) This is a list of countries by rice production in 2022 based on the Food and Agriculture Organization Corporate Statistical Database. The total world rice production for 2022 was 776,461,457 [1] [2] metric tonnes. In 1961, the total world production was 216 million tonnes.
Since 2019, Bangladesh ranked as the third-largest producer of rice globally, [12] reaching about 39.1 million tonnes in 2023. [13] Rice is cultivated in three distinct seasons, [11] with the Bangladesh Rice Research Institute playing a significant role in researching and developing methods to improve its production. [14]
The following is a list of countries by paddy rice exports. Data is for 2022 as reported in Food and Agriculture Organization Corporate Statistical Database . [ 1 ] Rice is one of the biggest crops in the international grain trade , alongside other crops like wheat , maize (corn) and soybean .
In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. [8] Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion. [9] As of April 2015, Pakistan's exports stand at US$29 billion.
Pakistan is the world's 10th largest producer of rice. Pakistan's exports make up more than 8% of the world's total rice trade. [1] It is an important crop in the agriculture economy of Pakistan. Rice is an important Kharif crop. In 2019, Pakistan produced 7.5 million tonnes of rice and ranked 10th in the largest rice-producing countries.
While the rice crisis did occur at the same time as the 2007–2008 world food price crisis, Tom Slayton has argued the spike in rice prices are a special case. [2] Slayton argues that the price increases were a result of rising oil and petrochemical prices (peaking in July 2008); and export restrictions by a number of countries. [2]