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Cambodia’s milled rice export surges 10.6%
Cambodia’s milled rice export rose by 10.6 percent to 509,249 tons in January-October of this year, according to a report from the Cambodia Rice Federation (CRF) on Saturday.
The Kingdom earned $324 million from milled rice export, the report said, adding that milled rice had been shipped to 56 countries and regions.
China remained the biggest buyer of Cambodia’s milled rice during the period, the report pointed out.
The milled rice export to China was at 231,873 tons, sharing 45 percent of the total export.
Around 25 countries in the European Union, bought 179,073 tons of milled rice, accounting for 35 percent of the total export.
Meanwhile, four Asean members bought a total of 48,253 tons, representing a nine percent of the total export.
Around 11 percent of the rice was exported to other destinations.
Noting that China and the EU are the major markets of Cambodia’s milled rice, CRF is exploring new markets for the commodity, said its president Song Saran.
The CRF is providing opportunities for dialogue with relevant partners to find trading partners for Cambodia’s rice exports to those countries, Saran said in October.
“The Cambodian Rice Federation has made great efforts to boost Cambodia’s milled rice exports in order to promote the community and farmers who grow rice, especially to contribute to our national economy,” Saran said.
Of the rice varieties exported in ten months, there was 190,790 tons of premium aromatic rice, 153,561 tons of Sen Kra Ob (fragrant rice), 144, 672 tons of long grain white rice, more than 11,815 tons of parboiled rice, 8,388 tons of organic milled rice, and 23 tons of glutinous rice.
Cambodia also exported 2.4 million tons of paddy rice through the official channels to neighbouring countries with an estimated value of $583 million, the report said.
Minister of Agriculture, Forestry and Fisheries Dith Tina recently unveiled plans to boost the use of high-quality rice seeds.
The plan is to produce rice varieties that are resilient to climate, high yield, and low cost to boost the quality of Cambodian rice for exports, Tina said.
The CRF targets up to 800,000 tons of milled rice for export this year.
In 2021, 610,000 of milled rice worth around $500 million was exported.
Source: https://www.khmertimeskh.com/501180528/cambodias-milled-rice-export-surges-10-6/