Sesamum seeds export to China rises 68%

In Business
April 10, 2024



BEIJING:

Pakistan’s sesamum seeds export to China crossed $10.10 million in the first two months of 2024, showing a growth of 68.11% year-on-year.

Pakistan Embassy Investment and Trade Counsellor in Beijing Ghulam Qadir said that according to the General Administration of Customs of the People’s Republic of China (GACC), Pakistan exported 5,997.744 tons of sesamum seeds to China in January-February 2024, worth $10.10 million, an increase of 68.11% while last year in the same period it was $6 million.

He added that China bought 166,682.987 tons of sesamum seeds from Pakistan in 2023, up 96.13% in volume, and valuing at $290.66 million, compared to 84,985.321 tons in 2022, valuing at $128.44 million.

Sesamum seeds exporter Muhammad Amir told CEN that this uptick in agricultural exports underscores Pakistan’s commitment to diversifying its trade portfolio and tapping into new markets.

The burgeoning demand for sesamum seeds from China bolsters Pakistan’s agricultural sector and fosters greater economic cooperation between the two countries.

“As Pakistan continues to explore avenues for expanding its export, collaborations with key trading partners like China are instrumental in driving sustainable growth and prosperity for both nations,” he added.

He further said that Pakistani farmers need incentives to boost exports of agricultural products such as new innovative methods, affordable technologies, seeds that enhance yields, and training.

This article originally appeared on China Economic Net

Published in The Express Tribune, April 10th, 2024.

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