Pakistan, Aug. 12 -- The United States' decision to impose heavy tariffs on Indian basmati rice has opened new opportunities for Pakistan to expand its share in the lucrative American rice market. The 50% duty, applied by the Trump administration on Indian goods including basmati rice, has shifted trade flows in Pakistan's favor, offering a significant competitive edge.

Pakistan's basmati rice exports have steadily increased in recent years. According to the Rice Exporters Association of Pakistan, the country exported about 772,725 tons of basmati rice in fiscal year 2024, earning $876.9 million. This marked a substantial rise from the previous year's 595,120 tons worth $650.4 million, with the average export price per ton increasing fro...