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Kingdom earns $335 million from rice exports in Q3

Chea Vanyuth / Khmer Times

A worker at a rice storage building in Phnom Penh. Cambodian rice is shipped to 65 countries across the world. KT/Chor Sokunthea

Cambodia exported a total of 445,913 tonnes of milled rice in the first three quarters of this year, earning some $335 million in revenue, a Cambodia Rice Federation report said yesterday.

Exported milled rice varieties included premium aromatic rice, fragrant rice, long grain white rice, parboiled rice, and organic rice, it pointed out.

Cambodian rice is shipped to 65 countries and regions across the world during the said period.

China remained the top buyer of Cambodia’s milled rice, purchasing 81,423 tonnes, generating a gross revenue of $56 million, the news release said.

Exports to the European Union countries amounted to 228,731 tonnes, earning $186 million and ASEAN at 86,043 tonnes, earning revenues of $52 million, read the report.

Raising production and storage capacity and elevating rice quality standards have boosted Cambodia’s rice in the international markets, said CRF President Chan Sokheang.

“Cambodian rice market is growing in the international market with good quality recognition, thanks for the cooperation and close works between government and private sector to promote Cambodia’s rice and enhance the quality of the commodity,” Sokheang added.

The Cambodia Rice Federation has set an ambitious goal to export at least a million tonnes of milled rice by 2025.

According to the Ministry of Agriculture, Cambodia has a total of 3.54 million hectares of rice fields, producing a yearly yield of 12.49 million tonnes of paddy rice.

Prime Minister Hun Manet yesterday said on Monday that he has met and discussed rice trade deals with foreign leaders including the Philippines on the sidelines of the ASEAN Summit held in Laos last week.

https://www.khmertimeskh.com/501573758/kingdom-earns-335-million-from-rice-exports-in-q3/ QR Code

Published Date: October 15, 2024

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