Wednesday, July 2, 2025
Khmer Daily Cambodia News
34 °c
Phnom Penh
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
The Khmer Daily
No Result
View All Result
Home ASIA Cambodia

Cambodia’s rice market to have growing importance in global rice supplies, says OECD-FAO

July 18, 2020
in Business, Cambodia, Food, National
0
Cambodia’s rice market to have growing importance in global rice supplies, says OECD-FAO
0
SHARES
34
VIEWS
Share on FacebookShare on Twitter

A medium-term outlook for agriculture released Thursday forecast that Cambodia would play an increasingly important role in the global market for rice exports.

Launched in Paris, the joint report by the Organisation for Economic Cooperation and Development (OECD) and the Food and Agriculture Organisation of the United Nations (FAO) covers the 10-year period from 2020 to 2029.

“India, Thailand, Viet Nam, and Pakistan will remain the leading global suppliers of rice,” the report said.

“But Cambodia and Myanmar are expected to play an increasingly important role in global rice exports.”

The OECD and FAO expect rice shipments by Cambodia and Myanmar to almost double from an estimated four million tonnes this year to seven million tonnes by 2029.

In addition, the report forecast that Cambodia — along with Bangladesh, Laos and Myanmar — would continue to increase productivity by adopting higher-yield varieties and better agricultural practices.

Annual global growth in rice trade is projected to be 2.8 percent over the period, with volumes increasing by 15 million tonnes from 2020 to 62 million tonnes in 2029.

“India is expected to remain the world’s largest rice exporter,” the report said.

“Thailand, where shipments have traditionally been largely composed of higher quality rice, is expected to remain the second largest rice exporter.

“In Viet Nam, expected growth is partly linked to ongoing efforts to diversify the varietal make-up of the country’s rice shipments.”

But the top five exporters – India, Thailand, Viet Nam, Pakistan and the United States – “are expected to see their export shares reduced slightly compared to the past decade.

“This reflects expectations of Chinese shipments remaining well over the lows seen between 2010-2016, albeit at a somewhat lower level than recorded in 2019.

“Moreover, amid expectations of large exportable surpluses, shipments by Cambodia and Myanmar are expected to continue making headway,” the report said.

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: CambodiaCambodia RiceCambodia rice market
Previous Post

Phnom Penh Water Supply Authority capacity to be extended to meet growing demand of Clean Water in Phnom Penh

Next Post

Wing Cambodia, specialised bank in Cambodia, collaborates with Fintech

Related Posts

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

by Khmer Times
July 3, 2023
0
100

Neak Poan Temple is one of the most attractive tourist destinations among the ancient temples, which is located along the...

Cambodian pepper gains direct export rights to China

Cambodian pepper gains direct export rights to China

by Khmer Times
July 3, 2023
0
80

The Chinese Embassy in Cambodia announced today that Cambodian pepper has completed all export procedures to China, which means can...

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

by AsiaOne
June 14, 2023
0
108

One of South Korea's top livestreamers was recently found dead in Cambodia. Byeon Ah-young's body was discovered — wrapped in a...

Most Popular

Cambodia rice production losses caused by droughts about $100 million

Cambodia rice production losses caused by droughts about $100 million

October 1, 2021
16
Is this Japan’s weirdest mascot? Meet Hokkaido’s Zushihocky, part rice, part clam

Is this Japan’s weirdest mascot? Meet Hokkaido’s Zushihocky, part rice, part clam

May 27, 2020
38
Failing to pay tax arrears in Cambodia within 15 days after notification will subject to 25% penalty

Failing to pay tax arrears in Cambodia within 15 days after notification will subject to 25% penalty

November 24, 2020
72
Four Companies team-up to turn Sihanoukville into a Fintech hub in Cambodia

Four Companies team-up to turn Sihanoukville into a Fintech hub in Cambodia

December 2, 2021
33
Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

June 14, 2023
108
Phnom Penh Water Supply Authority capacity to be extended to meet growing demand of Clean Water in Phnom Penh

Phnom Penh Water Supply Authority capacity to be extended to meet growing demand of Clean Water in Phnom Penh

July 18, 2020
69

© 2020 By Khmer Daily News

No Result
View All Result
  • Home
  • Latest
  • Cambodia
  • ASIA
  • World
  • Business
  • Tech

© 2019 The Khmer Daily.

error: Content is protected !!