Trade4go Summary
Cambodia has achieved its highest agricultural export level in the past five years, with a total of nearly 5.8 million tons exported and revenue of around 2.7 billion USD by the end of May 2024. This success is attributed to investments in enhancing agricultural processing for export. The country's main exports include rice, fresh cassava, fresh mango, and semi-processed cashew nuts. Rice exports, especially to China, have significantly contributed to this revenue, with a surplus potentially leading to increased exports. Cassava exports have seen a sevenfold increase compared to the previous year, and cashew nut exports have surged by 61%. Fresh mango exports have also doubled in the first half of 2024.
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Original content
Cambodia's Ministry of Agriculture, Forestry and Fisheries said on July 10 that the country had exported nearly 5.8 million tons of agricultural products by the end of May 2024, with a revenue of approximately 2.7 billion USD. The Cambodian Ministry of Agriculture, Forestry and Fisheries assesses that this is the highest export level in the past 5 years and is a direct result of investment efforts to develop agricultural processing processes for export. Cambodia's main export agricultural products include: Paddy, rice, fresh cassava (cassava), fresh mango and semi-processed cashew nuts. In particular, according to the Cambodia Rice Federation, in the first half of this year, the country earned nearly 1 billion USD from exporting rice. This includes more than 339,000 tons of finished rice exported to 63 countries and territories, earning 247 million USD, with China being the largest market, followed by European countries, the Middle East and right in the region. Southeast Asia. In ...