Cambodia posts 57% rise in agricultural exports

Cambodia posts 57% rise in agricultural exports

 

Cambodia exported more than 6.13 million tonnes of agricultural products in the first half of 2024, an increase of 57 percent compared to the same period in 2023, earning more than $2.8 billion, according to a report of the General Directorate of Agriculture posted by Agricultural and Rural Development Bank of Cambodia (ARDB) on Tuesday.

The report said that the exports of agricultural products in the first half of this year increased by more than 2.23 million tonnes. During the same period in 2023, Cambodia exported only 3.9 million tonnes of agricultural products, earning $2.4 billion.

The agricultural products that have contributed to the growth of exports include milled rice, paddy rice, fresh cassava, cassava flour, cashew nuts, corn, fresh longan, fresh mango and pepper.

The products were exported to 80 countries including Vietnam, Thailand, China and South Korea.

“More than 3.86 million tonnes of the agricultural exports were non-rice products, earning more than $2.1 billion,” said the report, adding that the exports of milled rice constituted 330,000 tonnes and paddy rice more than 1.92 million tonnes.

The report added that in the first half of this year, Cambodia’s export of milled rice increased 2.74 percent, paddy rice 57.28 percent, cassava flour by more than 100 percent, cashew by more than 50 percent and corn by 250 percent, while dried cassava slices decreased eight percent and fresh bananas 22 percent.

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Reporter: Mom Kunthea

Publication date: July 5, 2024

News: Khmer Times

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