Despite a dip in rice exports within the first six months of the year as compared to 2018, the Guyana Rice Development Board (GRDB) says more revenue has been earned during the same period by way of the sale of higher-value products.
Overall, from January to June, the GRDB facilitated the exportation of 297,489 tonnes of rice, bringing in a total of US$123.1 million, representing an increase from US$120.2 million it earned last year after 312,593 tonnes of rice was exported in the same period.
GRDB Head Nizam Hassan credited the increase in revenue to more higher-end products being exported as compared to last year.
