ISLAMABAD: The sugar export to different countries has fetched foreign exchange of US$ 171.78 million during first three quarters of previous fiscal year.
The cropped area for sugarcane stood at 1141 thousand hectares during 2014-15 against last year's area of 1173 thousand hectares.
Official sources on Wednesday said sugarcane is an important cash crop of Pakistan and is mainly cultivated for sugar and sugar- related production along with an input for paper and board industry.
Sugarcane accounts for 3.1 percent in agriculture value addition and 0.6 percent in Gross Domestic Product (GDP).
The sources said sugarcane production for the year 2014-15 stood at 62.7 million tonnes against 67.5 million tonnes last year, showing a decrease of 7.1 percent which was due to decrease in cropped area over last year as competitive crop (rice and cotton) discouraged the growers to bring more area under cultivation.
The disposal problems of sugarcane and payments difficulties also restricted the acreage of sugarcane.
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