In the first seven months of 2020, Cambodia’s rice exports were worth more than USD 285 million
According to the Cambodian Rice Federation, Cambodia has exported 426,073 tonnes of rice so far this year, an increase of nearly 40 per cent compared to the same period in 2019.
There are a number of factors which are likely to have impacted this increase, including:
The decreased tariff to the EU from 170 Euros to 150 Euros per metric ton
Diversifying the varieties of rice from plain milled rice to brown and organic rice
Maintaining market growth in some specific markets such as Malaysia, Brunei and Gabon, in which these three markets account for almost 15 per cent of Cambodia’s total rice exports
Since 2016, there has been a steady increase in exports of fragrant rice, while demand for white rice and parboiled rice have been slowly decreasing although this downward trend has rebounded somewhat in 2020 during COVID19.