Cambodia’s rice exports in crisis due to lack of containers and five times higher shipping costs

• Jun 01, 2021

In the first five months of 2021, rice exports declined by more than 30 percent due to the crisis of transportation due to a lack of containers and sea freight prices continued to rise by up to five times when compared to 2019.

This is according to Mr. Oknha Song Saran, President of the Cambodian Rice Federation.

He stated that the shortage of rice transport containers continued after the outbreak of Covid-19, and this affected the rice market in Cambodia as there is insufficient supply of rice to the international market while  demands remained high.

The main demands are from United States, Australia and  especially from China.

Source: https://www.khmertimeskh.com/50865842/cambodias-rice-exports-in-crisis-due-to-lack-of-containers-and-five-times-higher-shipping-costs/