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Aptitudes of Pakistani Rice Industry with Respect to Global Trade

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Listed:
  • Jafar, Rana Muhammad Sohail
  • Rabnawaz, Ambar
  • Hussain, Safdar
  • Ahmed, Wasim
  • Zhuang, Peifen

Abstract

Economy of Pakistan based on agriculture, owing to the export of agricultural commodities is major source of foreign exchange earnings. Export of rice play a vital role in country’s economy. However, trade policies influenced the performance of agricultural sector, as there are some gaps of technical advancement in system, financial irregularity, as well as other constitutional regulatory factors. Pakistan is following three years Strategic Trade Policy Framework (STPF) since 2009, to enhance the performance and efficiency of trade sector. Since last few years, trade of rice is decreasing due to traditional markets, energy crises and lack of research and development in agricultural sector. Thus, Pakistan has lost its more than 30% share from Gulf market via rice export during previous three decades. The transaction cost to imports is significantly lower than the exportation, which is negatively affecting the competitiveness of country’s exports. So, it's prior need to pay attention in the export chain sector, to approach the Europeans markets for encouraging trade performance of rice sector, as well as, improve the reforms in trade policies to compete in the international market for maximum foreign exchange revenues.

Suggested Citation

  • Jafar, Rana Muhammad Sohail & Rabnawaz, Ambar & Hussain, Safdar & Ahmed, Wasim & Zhuang, Peifen, 2015. "Aptitudes of Pakistani Rice Industry with Respect to Global Trade," MPRA Paper 70378, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:70378
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    File URL: https://mpra.ub.uni-muenchen.de/70378/1/MPRA_paper_70378.pdf
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    References listed on IDEAS

    as
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    2. Nadeem Akmal & Waqar Akhtar & Hassnain Shah & Muhammad Azam Niazi & Tariq Saleem, 2014. "The Structure and Competitiveness of Pakistan`s Basmati Rice Exports," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 4(4), pages 304-312, April.
    3. Akmal, Nadeem & Akhtar, Waqar & Shah, Hassnain & Niazi, Muhammad Azam & Saleem, Tariq, 2014. "The Structure and Competitiveness of Pakistan’s Basmati Rice Exports," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 4(04), pages 1-9, April.
    4. Shun-Yi Shei & Robert L. Thompson, 1977. "The Impact of Trade Restrictions on Price Stability in the World Wheat Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(4), pages 628-638.
    5. Pide, 2007. "Trade Related Challenges Facing Exporters In Pakistan," PIDE Books, Pakistan Institute of Development Economics, number 2007:5.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Muhammad Munwar Hayat & Raheela Khatoon, 2021. "Determinants of Basmati Exports from Pakistan: A Panel Data Analysis," Journal of Economic Impact, Science Impact Publishers, vol. 3(1), pages 12-18.
    2. Rubeena Asghar & Sabeela Asghar & Hafsah Batool, 2021. "Position of Pakistani Basmati Rice in International Markets (A Comparative Analysis)," International Journal of Agriculture & Sustainable Development, 50sea, vol. 3(4), pages 94-98, December.

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    More about this item

    Keywords

    Trade strategies; Export competition; Rice export;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance

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