Cambodia will export 400,000 tonnes of milled rice to China under a new quota, according to the Cambodia Rice Federation.
The export agreement was signed in November 2021 and is executed from December 2021 onward for 17 months, said the Chairman of the Board of the Cambodia Rice Federation, Hun Lak.
According to the Chairman, China’s quota for milled rice export from Cambodia for 2014 to 2021 helped boost the agricultural harvests significantly.
So far, Cambodia’s milled rice was exported to 41 countries around the world, and China remains the biggest market absorbing about 50 percent.
Other major markets are 19 countries in Europe and three countries in ASEAN, which are Malaysia, Singapore and the Philippines.
In the first 11 months of 2021, Cambodia exported 532,179 tonnes of milled rice, generating $366 million. AKP-Pheng Somany
This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.
