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Cambodia’s agricultural exports surge nearly 60% in the first half of 2024

Cambodia’s agricultural exports surge nearly 60% in the first half of 2024

Prime Minister Hun Manet announced a significant boost in Cambodia’s agricultural exports during the first half of this year, marking the highest increase in the last five years.

In a report presented by the Ministry of Agriculture, Forestry, and Fisheries, it was revealed that the country saw an unprecedented growth of nearly 60% in agricultural exports compared to the same period in 2023.

Sharing the news on social media, Prime Minister Hun Manet highlighted the impressive achievements of Cambodia’s agricultural sector. The report detailed several key results for the first six months of this year.

Cambodia’s agricultural exports reached over six million tonnes, an increase of nearly 60%  compared to the first half of last year. The exports were distributed to 77 international markets, making this the highest increase in the last five years.

A significant 94% of Cambodia’s agricultural products were exported to primary markets, including China, Vietnam, and Thailand. China imported bananas, rice, cassava, mango, and lentils, while Vietnam received cashews, cassava, and fresh mango. Thailand imported cassava, fresh mango, pepper, and bran.

In addition to staple exports like rice, cashews, and cassava, other growing products include fresh mango, turmeric, corn, lentils, and peppers. Raw cashew nuts contributed significantly to the export value, generating more than $800 million, which accounts for about one-third of the total value of Cambodia’s agricultural exports.

The combined value of non-rice agricultural products and rice exports exceeded $1.8 billion. Rice exports alone were valued at over $400 million. Cassava exports were over 2.5 million tonnes and valued at over $450 million, marking the highest growth among major agricultural products.

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