Siem Reap Times

Wednesday, Nov 13, 2024

Cambodia’s Rice Exports Reach $1.56 Billion in First Ten Months of 2024

Strong demand from Europe, China, and ASEAN drives growth in global rice market
Cambodia’s rice exports generated approximately $1.56 billion from January to October 2024, reflecting the Kingdom’s expanding role in the global rice market. According to the Cambodia Rice Federation (CRF), 507,029 tonnes of milled rice were shipped to 66 countries, bringing in over $376 million. European countries showed a strong appetite, importing around 254,945 tonnes valued at $197 million. ASEAN nations and China also played vital roles, with imports totaling nearly 194,000 tonnes, contributing over $128 million combined.

The report highlights Cambodia’s diverse rice offerings, from fragrant rice to organic varieties, catering to various global markets. Additionally, Cambodia’s paddy trade with neighboring countries reached around 4.03 million tonnes, adding $1.184 billion to the Kingdom’s agricultural earnings.
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