Logo of Phnom Penh Post newspaper Phnom Penh Post - China, EU drive rice export gains in first half

China, EU drive rice export gains in first half

China, EU drive rice export gains in first half

Cambodian rice exports for the first half of 2015 followed an upward trajectory compared to the same period last year, as growing demand from China for white rice and the European Union’s growing appetite for parboiled rice buoyed exports.

Rice export totalled 283,825 tonnes for the first six months this year, an increase of almost 60 per cent compared to the same period last year, as reported by the Secretariat of One Window Service for Rice Export Formality.

White rice made up 47 per cent of these exports, followed by fragrant rice at 44.50 per cent, with parboiled rice rounding up the exports at 8 per cent.

Song Saran, CEO of Amru Rice Cambodia, one of the country’s largest rice exporters, said increased demand from China was driving the growth this year, coupled with new offerings like parboiled rice.

“Cambodia has started producing parboiled rice to supply the demand from countries like Italy,” said Saran.

“This is another step in our product diversification efforts, which allows Cambodia to export more.”

Saran said the focus should be on producing quality rice – given Chinese consumers’ growing demand for non-contaminated food products – than producing cheap rice where margins are low for both farmers and exporters.

According to the report, China alone imported more than 72,000 tonnes of rice during this period.

Given the completion of the 100,000-tonne rice export quota with China in May, officials on both sides are still working on possibly doubling this quota for the coming year.

In contrast to this year’s exports, Cambodia exported only 175,959 tonnes in 2013 and almost the same amount, 177,928 tonnes, in 2014.

European Union countries, including France, Poland and The Netherlands, remain the top three importers of Cambodian rice.

Italy, which has been a vocal opponent of Cambodian rice exports under the Everything But Arms scheme, afforded to least developed nations by the economic bloc, is ranked fourth in terms of rice imports.

The Ministry of Commerce spokesperson did not respond to requests for comment.

MOST VIEWED

  • Locations shut, dozens more Covid-19 positive

    The Ministry of Health has closed 23 locations in connection with the February 20 community transmission of Covid-19 and summoned for testing anyone who had direct contact with affected people and places. The number of discovered related infections has risen to 76, including 39 women. In a press release,

  • PM confirms third Covid-19 community transmission

    Prime Minister Hun Sen on February 20 announced the Kingdom's third outbreak of Covid-19 community transmission after 32 people tested positive in just over 10 hours. Addressing the public from his residence after an emergency meeting, Hun Sen said: "I dub it February 20 Community Event, in which 32 cases

  • Covid cluster raises alarm, health bodies urge vigilance

    The Ministry of Health and the World Health Organisation (WHO) in Cambodia have expressed great concern over the February 20 cluster transmission of Covid-19 in the community. Both entities appealed for vigilance and cooperation in curbing further spread of the virus. Ministry spokeswoman Or Vandine said

  • Cambodia to make auto-rickshaws

    Locally-assembled electric auto-rickshaws could hit the Cambodian market as soon as early in May after the Council for the Development of Cambodia (CDC) gave the greenlight to an investment project at the weekend. According to a CDC press release, it will issue a final registration

  • Howard Johnson opens in Sihanoukville

    New York Stock Exchange- (NYSE) listed hotel franchiser Wyndham Hotels & Resorts Inc (WH) has opened its first hotel in the Kingdom – the Howard Johnson Plaza by Wyndham Blue Bay Sihanoukville, WH said in a February 18 press release. WH said the new 36-storey property in Sihanoukville’

  • Cambodia’s new draft law on investment and its effects

    The Council for the Development of Cambodia (CDC) has completed the drafting of the long-awaited new Law on Investment. The draft will be later tabled at the Economic and Financial Policy Committee before being submitted to the Council of Ministers and the National Assembly for