Trade4go Summary
Cambodia has achieved its highest agricultural export level in the past five years, with nearly 5.8 million tons exported by the end of May 2024, generating around 2.7 billion USD in revenue. This success is attributed to strategic investments in enhancing agricultural processing for export. The country's primary exports include rice, fresh cassava, mangoes, and semi-processed cashew nuts. Rice exports, especially to China, reached nearly 340,000 tons, generating around 247 million USD. Additionally, over 2.5 million tons of rice were exported to neighboring countries, mainly Vietnam, bringing in 727 million USD. Cassava exports saw a sevenfold increase compared to the same period in 2023, reaching 1.6 million tons. Cashew nut exports also surged by 61%, totaling 540,000 tons. Fresh mango exports more than doubled, reaching nearly 120,000 tons. With a surplus of up to 6.5 million tons of rice, there is potential for a significant increase in rice exports in the future.
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Original content
Source: vov.vn 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. ...