Bangladesh has purchased 25,000 tons of premium-quality sugar from Pakistan, set to arrive at Chittagong Port next month. This marks a significant milestone, as it’s the first large-scale sugar export to Bangladesh from Pakistan in decades.
With global sugar prices at $530 per ton, this deal is a valuable opportunity for Pakistan’s sugar industry. In addition to Bangladesh, Pakistan has secured export agreements with Central Asian countries, Thailand, Gulf nations, and several African countries.
These exports are projected to generate $400-500 million, strengthening sugar as a key source of foreign exchange for Pakistan. To meet growing demand, over 80 sugar mills across the country have ramped up production, emphasizing Pakistan’s focus on expanding its sugar export market.