Thailand
Cambodia rice exports rise to $516 million in four months
Cambodia exported 221,138 tonnes of milled rice and 1,648,474 tonnes of un-milled rice, with a total value of $516.21 million in the first four months of 2022, according to a release from the Cambodia Rice Federation (CRF).
Forty-eight exporters sent products to 54 destinations, of which Cambodia exported 115,255 tonnes, or 52.12 percent, worth $62.74 million to China and Hong Kong Autonomous Region. The Kingdom exported 68,555 tons, or 31 percent, valued at $51 million to Europe.
The export to Asean countries amounted to 21,876 tonnes or 9.89 percent, with a value of $13.90 million. The exports to other countries were valued at $11.74 million, representing 15,452 tonnes, or a share of 6.99 percent.
Exports of all types of fragrant rice were 67.12 percent, white rice (30.13 percent), steamed rice (1.07 percent) and organic rice (1.68 percent).
In the first four months, 1,648,474 tonnes of rice were exported through the border with Vietnam, earning about $376.64 million.
Lun Yeng, general secretary, CRF, told Khmer Times, “With rice exports up nearly 15 percent in the first four months of 2022, we expect further growth with a potential to reach 750,000 to 800,000 tonnes, as food demand soared during the Russia-Ukraine war crisis.”
Song Saran, president of the CRF and CEO of Miller and Exporter, said, “For Cambodia, we are progressive in the agriculture sector. Cambodia is considered as a country of food products in South East Asia with high potential in rice, cassava, cashew nut, etc. In the past six months, the impact of Covid-19 affected supply chains, including transportation.
“In 2022, exports recovered by more than 12 percent, but earnings from exports decreased. The war between Russia and Ukraine has driven food demand by more than 30 percent from the European market,” he added.
Source: https://www.khmertimeskh.com/501071306/cambodia-rice-exports-rise-to-516-million-in-four-months/