Pakistani onions being exported despite low volumes

Pakistan is exporting onions despite the fact that its crop lagged 30 to 40 percent behind demand, causing the prices of the commodity to maintain a high level, Geo News reported Wednesday. Talking to Geo News, the traders at Karachi’s vegetable market said onion annual yield is five to six million tonnes in the country; however, the recent flash floods and downpours played havoc on the crops. The new crop in Sindh alone dropped five to six lakhs of tonnes during the current season.

Despite this bleak outlook, Pakistani traders are still exporting onions to other countries including India on good price. Hundred tonnes of the commodity are being exported to India on daily basis, keeping onion retail price buoyed up at Rs60 per kilogram. Meantime, India abolished 7 percent custom duty imposed on onion imports to provide people with inexpensive onion.