Cambodia Sets Million Tonnes Rice Export Target

Photo: Taing Eanghuot Rice Mill

PHNOM PENH – The Cambodia Rice Federation (CRF) has set a goal of exporting 750,000 tonnes of rice this year and a million tonnes in 2025.

The federation, with the cooperation of the Commerce Ministry, says it will start by exporting 400,000 tonnes to China this year.

CRF president Chan Sokheang set out the plan to boost rice productivity and exports at a meeting with Commerce Minister Pan Sorasak on Feb. 7.

The federation and the ministry must work together to expand the market in China for the 400,000 tonnes target.

At the same time, Cambodia has to seek new markets in the US, Canada, the Middle East, Singapore, Hong Kong and Indonesia as well as promoting registered rice brands such as Malys Angkor, the collective brand SKO, and Damnoeb Sbai Mongkul, or DSMK.

From this year until 2027, the federation and the ministry will continue looking for markets in other countries, especially in the Philippines which is interested in importing rice from Cambodia.

The ministry is negotiating new agreements for a comprehensive economic partnership with United Arab Emirates, which is a priority and is expected to expand its potential in the Middle East.

Pan Sorasak also encouraged the federation to export rice to China’s markets in accordance with the plan, as Cambodia has signed the 6th Memorandum of Understanding with the Chinese Commerce Ministry and the China Oil and Foodstuffs Corporation Company for 400,000 tonnes of rice.

In 2022, Cambodia exported 637,000 tonnes of milled rice from 61 rice exporters, generating $418 million, to 59 markets, among which 45 percent went to China and the autonomous regions of Hong Kong and Macao.

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