Cambodia Earns $92m in Rice Exports in January

January saw European rice exports rise 42 percent year-on-year as Lunar New Year dims imports from Cambodia to $11.8 million, CRF figures showed
A woman cleans rice at a shop in Phnom Penh. Kiripost/Siv Channa
A woman cleans rice at a shop in Phnom Penh. Kiripost/Siv Channa

Milled rice exports of 36,900 tonnes, or $28.83 million in value, were recorded in January, the Cambodian Rice Federation (CRF) said, noting that 41 percent of that, or 15,045 tonnes worth $11.77 million, went to China and Hong Kong.

According to the body, there was a “slight drop” in milled rice exports to China due to the Lunar New Year break.

As for exports to Europe, its traditional market, CRF recorded a 42 percent year-on-year growth. A total of 17,795 tonnes of rice were shipped to 20 destinations totalling $13.44 million, the equivalent of 48 percent of the total figure.

Of the total figure, Malaysia and Singapore imported 1,871 tonnes from Cambodia, while 2,189 tonnes made their way to Gabon, the US, Canada, Australia, New Zealand, Russia and Saudi Arabia.

Meanwhile, Cambodia traded 252,714 tonnes of paddy rice with neighbouring states, bringing the total revenue generated from milled rice and paddy rice exports to $92 million in January 2023.

Rice varieties exported comprise ‘Malys Angkor’ or premium aromatic rice (22,810 tonnes), ‘Sen Kra Ob’ (9,358 tonnes), premium white rice (1,721 tonnes), parboiled rice (1,867 tonnes) and organic milled rice (1,144 tonnes).