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Cambodia: Kingdom’s rice exports to international markets surge
In the first eight months of 2022, Cambodia exported 389,000 tons of rice to international markets, an increase of 13.26 percent compared to the same period in 2021, according to a report by the Cambodia Rice Federation (CRF).
It said China is still the largest importer of rice from Cambodia. In the first eight months, rice exports to China, Hong Kong and Macau were 178,142 tons, accounting for 46 percent of total exports, amounting to more than $94.57 million.
In addition, milled rice exports to 26 European countries amounted to 141,483 tonnes worth a total of $98.74 million.
According to the CRF, of the 54 countries that Cambodia exports rice to – China ranks first with 44 percent, France came second with 15 percent, Malaysia with 6 percent, the Netherlands with 4 percent and Italy, Gabon and Brunei with 3 percent.
The types of rice exported include fragrant rice at 65.8 percent, white rice 29.91 percent, organic rice at almost 2 percent, Paboiled rice (long grain) at more than 2 percent and sorghum rice 0.01 percent.
CRF’s Secretary-General Lun Yeng told Khmer Times that the white rice export to the EU has gone up since early this year.
“The EU had removed some of the controls on Cambodia’s white rice in January and this has pushed the export to the market,” Yeng said.
He also attributed the growth in rice export to affordable transportation. The cost had gone up last year due to the shortage of containers following the Covid-19 preventive measures.
He went on to add that under a deal signed last year, there is a 400,000-tonne quota for the
milled rice export to China from Cambodia now.
Cambodia is all set to prepare a comprehensive master plan to modernize the agriculture sector in the country.
The Ministry of Agriculture, Forestry and Fisheries (MAFF) in collaboration with Chinese experts have agreed to form a working group for the preparation of the master plan.
Source: https://www.khmertimeskh.com/501149396/kingdoms-rice-exports-to-international-markets-surge/