Cambodia gets $1.35B from rice exports in 11 months

Cambodia gets $1.35B from rice exports in 11 months

 

Cambodia has earned $1.35 billion from paddy and milled rice exports in the first eleven months of this year, a report by the General Department of Agriculture of the Ministry of Agriculture, Forestry, and Fisheries showed on Friday.

From January to November, the Kingdom shipped nearly 600,000 tonnes of milled rice to foreign markets, earning $515 million and 2.4 million tonnes of paddy rice worth $814 million, the report said.

The exported rice varieties included fragrant rice, organic rice, white rice, parboiled rice and japonica rice.

Spokeswoman of the Ministry of Agriculture, Forestry and Fisheries Im Rachna said that joint efforts between the government and the private sector helped the exports.

“We work together with the main goal of bringing economic benefits for Cambodia’s agricultural sector and thereby help the country’s economic growth,” Rachna said.

China and Europe are the major markets for Cambodia’s milled rice.

Cambodia’s Rice Federation has set 700,000 tonnes as the rice export target for Cambodia in 2023.

Meanwhile, Cambodia shipped nearly four million tonnes of non-rice agricultural products abroad during the first eleven months, earning more than $2.5 billion, the report stated.

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Author: Chea Vanyuth

Publication date: 04 December 2023

Source: Khmer Times