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Cambodia eyes exporting 1 million tons milled rice by 2025

The Cambodia Rice Federation has set an ambitious goal to export at least a million tons of milled rice by 2025, an over 50 percent increase compared to the export figure in 2022.

By 2023, Cambodia is looking to reach milled rice exports of 750,000 tons, an 18 percent increase compared to exports of 637,004 tons in 2022, said Chan Sokkheang, president of the Cambodia Rice Federation.

“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 at an annual meeting of the Ministry of Commerce.

CRF has also set a goal to facilitate profitable, sustainable, environment-friendly rice business by launching a number of key activities, he said.

“CRF will continue to collaborate with the Ministry of Commerce through Green Trade to access new markets, especially the Philippines, and expand its market potential by participating in trade fairs in the Middle East and the European Union,” he said.

He said that CRF will also continue to strengthen its potential and increase the number of milled rice exports to China over a quota of 400,000 tons this year.

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 remained the top buyer of Cambodia’s milled rice, the CRF said, adding that exported milled rice varieties included premium aromatic rice, fragrant rice, long-grain white rice, parboiled rice, organic rice and glutinous rice.

Source: https://www.khmertimeskh.com/501230991/cambodia-eyes-exporting-1-million-tons-milled-rice-by-2025/