In the first two months of 2024, Pakistan’s exports of sesame seeds to China exceeded $10.10 million, indicating a 68.11 percent year-over-year increase.
With so many health advantages, sesame seeds are a great addition to any diet. Sesame seeds have been linked to a lower risk of heart disease due to their ability to lower triglyceride and high cholesterol levels, according to certain studies.
The growing trend in agricultural exports is evidence of Pakistan’s determination to expand its trade base and reach new markets. China’s increasing demand for sesamum seeds supports Pakistan’s agriculture industry and encourages increased trade between the two countries. Collaborations with important commercial partners like China are essential to Pakistan’s pursuit of sustained growth and prosperity as it looks for ways to increase its exports.
In January–February 2024, Pakistan sold 5997.744 tonnes of sesamum seeds to China for a total value of $10.10 million, up 68.11% from the same period the year before, according to the General Administration of Customs of the People’s Republic of China (GACC). Ghulam Qadir, the Pakistani Embassy in Beijing’s Investment and Trade Counsellor, supplied this information.
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In 2023, China purchased 166682.987 tonnes of sesamum seeds from Pakistan, up 96.13% in volume and valued at $290.66 million, he continued. In 2022, China purchased 84985.321 tonnes, valued at $128.44 million.
The increase in agricultural exports, according to exporter Muhammad Amir of sesamum seeds, “underlines Pakistan’s commitment to diversifying its trade portfolio and tapping into new markets,” as reported by China Economic Net (CEN). China’s growing market for sesamum seeds supports Pakistan’s agriculture industry and encourages increased trade between the two nations.
Collaborations with important trading partners like China are essential to promoting sustainable progress and prosperity for both countries, he continued, as Pakistan looks for ways to increase its economic growth.
Pakistani farmers should profit from incentives including high-yield seeds, low-cost technologies, creative techniques, and training to increase agricultural exports even further. By supporting these initiatives, Pakistan may continue to solidify its place in the international market and advance its economic growth.
The future of both countries’ economies as well as regional dynamics and international trade are significantly impacted by the growing economic links between China and Pakistan. Promoting mutual prosperity and sustainable progress is still a shared objective as they work together.