Cambodian Rice Exports Surge, European Market Leads in January 2024
A Cambodian man transports bags of rice along a street in Phnom Penh on October 17, 2019. Photo: AFP
- By Chhum Chantha
- February 11, 2024 3:42 PM
PHNOM PENH—Cambodia witnessed a more than 20 percent increase in its rice exports during the first month of 2024, with the European market leading the pack.
According to the report from the Cambodian Rice Federation, the country exported approximately 46,221 tons of rice valued at $32.62 million to 42 destinations worldwide. This marked a 26 percent increase in export volume compared to the same period in 2023.
Cambodian rice found its way into 22 European countries, totaling 25,005 tons with a combined value of $8.85 million. Europe emerged as the largest market, constituting 54 percent of Cambodia's total rice exports.
In the Southeast Asian region, Cambodia exported rice to five destinations, including East Timor, amounting to 11,999 tonnes valued at $8.30 million. Additionally, Cambodia shipped 5,171 tonnes of rice worth $2.93 million to China, as well as to 13 other destinations such as Africa, the Middle East, the United States, Canada, Australia, and New Zealand, totaling 4,046 tonnes valued at $2.55 million.
The report also highlighted Cambodia's export of approximately 588,814 tons of unhusked rice, amounting to approximately $184 million during the same period. Of these exports, 47 percent were conducted through formal requests for certification approved by relevant authorities.
