Onion export from Pakistan exceeds $210mn

Seerat Fatima
By
Seerat Fatima
She is an author at Minute Mirror who covers business and economic news with a keen interest in Pakistan’s economy, financial markets, trade, banking, and corporate...
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Summary

  • For the first time in the country’s history, Pakistan’s onion exports have surpassed $210 million, and by the end of the year, they are expected to reach a record $250 million.
  • From July 2023 to April 2024, Pakistan’s onion exports exceeded $210 million.
  • The spokesperson predicted that onion exports will reach $250 million by year-end.
AI Generated Summary

For the first time in the country’s history, Pakistan’s onion exports have surpassed $210 million, and by the end of the year, they are expected to reach a record $250 million.

The spokesperson for the Pakistan Fruit and Vegetable Exporters Association announced this milestone, noting that the current level of onion exports is the highest ever for any fruit or vegetable product in the country’s history.

From July 2023 to April 2024, Pakistan’s onion exports exceeded $210 million. Previously, the highest export record was for oranges, also at $210 million. The spokesperson predicted that onion exports will reach $250 million by year-end.

The surge in exports is attributed to the ban on Indian onion exports, which opened new markets for Pakistan. Pakistani onions are now sold in major markets around the world, including the Far East and the Middle East.

The spokesperson stated that Pakistani onions are now available in top stores globally. He urged the government to take immediate steps to increase the shelf life of onions to capitalize on and expand these new markets.

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She is an author at Minute Mirror who covers business and economic news with a keen interest in Pakistan’s economy, financial markets, trade, banking, and corporate affairs.