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2025 target for Cambodia to export 1 million tonnes of rice

The Cambodia Rice Federation (CRF) has set export targets for the nation at 750,000 tonnes of milled rice in 2023 and one million tonnes by 2025. This represents an over 50 percent increase compared to the export figure in 2022.

According to CRF President Chan Sokheang, the federation has also set a goal to facilitate profitable, sustainable, environment-friendly rice business.

“The Cambodian Rice Federation has set two goals for rice exports, which by 2023 will boost exports to 750,000 tons and reach 1 million tons by 2025,” Sokkheang said

The CRF will continue to collaborate with the Ministry of Commerce to access new markets, especially the Philippines, and increase the number of milled rice exports to China toward a target of 400,000 tonnes this year, Sokheang said.

Last year, Cambodia exported 637,004 tons of milled rice to international markets, up 3.2 percent, from 617,069 tons a year earlier.

CRF said Cambodia earned revenue of $414 million from the exports of the commodity to 59 countries and regions last year.China remains Cambodia’s top rice importer.VNA