During the first seven months of 2024, Cambodia has produced more than 830,000 tonnes of raw cashew nuts, up 36.7%, making it the world’s second largest cashew exporting country.
According to the Ministry of Agriculture, Forestry, and Fisheries, Cambodia has cultivated 580,000 hectares for cashew growing nationwide, with an average yield of about 1.5 tonnes per hectare.
With the launch of the National Cashew Policy 2022-2027, Cambodia aims to transform itself into the world’s largest cashew nuts exporter.
As part of the ambitious endeavour, the ministry is establishing three modern cashew farming communities in Kampong Thom, the largest cashew producer in Cambodia. The new community network aims to help connect them directly to markets and boost sales.
The ministry will also provide capital and technical support to ensure that those communities can run smoothly and gain added value and high profits.
Major markets for Cambodian raw cashew nuts include China, Japan, Bangladesh, India, Vietnam and Thailand, whereas processed cashew nuts are exported to China, the Czech Republic, Japan, South Korea, the Netherlands, Vietnam, and the US.
In early February this year, Cambodia hosted the 10th World Cashew Conference in Siem Reap province to increase awareness of potential of the cashew nut market among traders and businesspeople. AKP
(Course: khmertimeskh)