ISLAMABAD: Pakistan has outperformed Vietnam in monthly rice exports, shipping a larger volume in September 2026 despite higher freight charges and disruptions to maritime trade caused by geopolitical tensions in the Gulf.
Pakistan exported 420,000 tonnes of rice during the month, compared with Vietnam’s 337,000 tonnes, strengthening its position among the world’s leading rice suppliers.
Pakistani exporters also secured better average prices, receiving $621 per tonne against Vietnam’s $563, reflecting continued international demand for the country’s rice varieties.
The latest figures underscore the strength of Pakistan’s rice sector, particularly its premium Basmati segment, which has maintained its appeal in overseas markets despite higher transportation and insurance costs and difficulties along key shipping routes.
Global Basmati trade remained steady at around 6.9 million tonnes, matching the volume recorded in 2025. Buyers in major markets continued to favour aromatic rice from Pakistan and India despite growing logistical challenges.
Rice industry expert Hamid Malik said Pakistan’s export performance had been gaining momentum since December 2025, when the country exceeded Vietnam’s monthly export volume for the first time in more than 20 years.
The progress follows a challenging 2025, when Pakistan, Thailand and Vietnam faced significant declines in rice shipments due to adverse weather and market-related pressures, while India retained its leading position in global rice trade.
Industry faces rising costs
Pakistan’s rice export business is largely driven by private-sector companies and market-based procurement. Unlike some competing countries, local exporters do not receive the benefit of a government-backed minimum support price for paddy, state-funded marine insurance or freight subsidies.
Conditions became more difficult in 2026 as tensions and conflict in the Gulf pushed up inland transportation and processing costs, delayed shipments and lengthened payment cycles for international traders.
These challenges contributed to a 20 to 30 per cent decline in non-aromatic rice exports from major suppliers, including Pakistan, Thailand and Vietnam.
Despite the pressure, Pakistan’s rice industry entered the 2026-27 financial year on a positive note.
Malik attributed the improved performance to sizeable carry-over stocks and an estimated 18 to 20 per cent increase in rice cultivation during the latest planting season.
