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Kingdom earns nearly $190M from rice export in January

Kingdom earns nearly $190M from rice export in January

Cambodia has earned $187 million from paddy and milled rice exports in the first month of this year, a report from the Cambodia Rice Federation showed last Friday.

The Kingdom shipped 59,086 tonnes of milled rice abroad in January this year earning $48 million in revenue, read the report.

Over 36,714 tonnes were exported to the European Union, earning $29.79 million, 3,772 tonnes to China worth $2.56 million, 9,413 tonnes to four ASEAN nations worth $7.31 million, and 9,187 tonnes to other destinations worth a total revenue of $8.37 million.

The commodity was exported by 39 rice exporters to 45 destinations, read the report, adding that the exported rice varieties included fragrant rice, organic rice, white rice, parboiled rice and japonica rice.

The country also earned $139 million from the export of 619,489 tons of paddy rice to neighbouring countries.

Chan Sokkheang, President of the Cambodia Rice Federation (CRF) expressed optimism of rice export to increase as the association is working to push export to the exciting exporting destinations and open new markets.

Speaking to Khmer Times, Sokheang said, “We have opened new markets and exports to the target destinations have increased. These are positive signs of the commodity export to increase this year.”

Last year, Cambodia exported 651,522 tonnes of milled rice in 2024, making a total revenue of $491 million, according to a CRF’s report.

Additionally, the Kingdom also generated $1,496 million from the export of 5.1 million tonnes of paddy rice last year.

The Cambodia Rice Federation has set an ambitious target to export at least a million tonnes of milled rice by 2025.

Last month, Prime Minister Hun Manet said the government has paid attention to the concerns of farmers and the government always supports raising the problems of farmers and resolving all the problems of farmers.

To address the growing concern of farmers across the Kingdom about the drop in rice prices, the government has increased the allocation to $150 million to rice millers for purchasing paddy from farmers, he said.

The premier has also encouraged CRF to further strengthen its collaboration with relevant governmental ministries and institutions to boost direct exports to international markets with higher added value.

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