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- (-) July 2022
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Based on the government’s international procurement intentions, the 2022/23 wheat import forecast is increased from 2.0 to 2.5 million tons (MMT). Due to water shortages in key producing areas during the early planting season, the rice production forecast for 2022/23 (November-October) is reduced from 9.0 to 8.6 MMT.
Pakistan’s 2016/17 cotton production is forecast at 8.25 million 480 lb bales, up 250,000 bales from the previous estimate.
Pakistan has increased its effective import tariff on imports of milk powder and whey powder from 20 to 45 percent with the imposition of a 25 percent “regulatory duty.”
Pakistan has announced that 900,000 metric tons of wheat will be available for export with a subsidy of $120 per metric ton.