Logo of Phnom Penh Post newspaper Phnom Penh Post - CRF: Rice exports to Europe may fall 10%

CRF: Rice exports to Europe may fall 10%

Content image - Phnom Penh Post
The Cambodia Rice Federation has predicted that the value of rice exports to the European market may decline by around 10 per cent this year to $180 million. Hong Menea

CRF: Rice exports to Europe may fall 10%

The Cambodia Rice Federation (CRF) predicted that the value of rice exports to the European market may decline by around 10 per cent this year.

CRF president Song Saran said in a Facebook post that the value of rice exports to Europe was more than $200 million last year.

However, the federation predicts that the export value to the market will drop to around $180 million due to safeguards imposed by the EU earlier this year.

Among the more than 270,000 tonnes of rice exported to Europe last year, about 80 per cent was fragrant rice, said Saran.

Meanwhile, rice exports to China will rise through increased shipments of fragrant rice to correspond with the rising demand there.

“CRF will strive to [place Cambodia as one of the] top three rice exporters [to China from its current fourth-place position] with an estimated value of $160 million this year – up from $113 million in 2018,” said Saran.

Overall, CRF projected that the export value will reach around $430 million this year, he said.

Cambodia’s rice sector officially lost its import duty exemption granted by the EU in January after the bloc decided to impose tariffs on imports from the Kingdom and Myanmar to protect European rice farmers’ interests.

CRF vice-president Chan Sokheang told The Post that after the EU decided to impose tariffs on Cambodian rice earlier this year, the federation needed time to find additional markets.

Besides China, the CRF is also looking to expand the market for Cambodian rice to Australia, Canada, Africa and Arab countries, he said.

“We will expand the export of fragrant rice to African and Arab countries because they [Arab countries] are rich and consume a lot of Thai rice. I hope the markets we open will help offset losses from Europe,” he said.

Hun Lak, the managing director of Mekong Oryza Trading Co Ltd, a leading rice exporter in Cambodia, said that although rice exports to Europe may decline, exports to Asean countries and China would increase.

“[We are] dealing with Asean markets like Malaysia. They want Cambodian rice, especially fragrant rice,” he said.

A report from the Secretariat of One Window Service for Rice Export Formality shows that Cambodia exported 308,013 tonnes of rice during the first seven months of this year, a 3.7 per cent increase year-on-year.

China was the leading market with 123,361 tonnes – a 94 per cent increase year-on-year.

Last year, China provided Cambodia with a 300,000-tonne rice quota. However, the Kingdom exported a mere 170,154 tonnes. Earlier this year China added another 100,000 tonnes to the quota, bringing the total to 400,000 tonnes.

Ministry of Agriculture, Forestry and Fisheries figures show that the country exported 626,225 tonnes of rice last year, decreasing 1.5 per cent from 635,679 tonnes in 2017.

The main destinations for rice exports were the EU with a total of 269,127 tonnes and China with 170,154 tonnes.


  • PM: West unfair to Cambodia

    Prime Minister Hun Sen released a message celebrating the International Day of Peace on Monday, saying that some major powers and western countries had been systemically cooperating to put political pressure on Cambodia as they did in the 1970s and 1980s. Hun Sen said pressuring

  • ‘Bad news is an investor’s best friend’ – unlocking investment potential in Cambodia

    It is time to shop. Economic woes provide good pickings for investors if they know where to look The poem If, written by English Nobel laureate poet and novelist Rudyard Kipling for his son circa 1895, is widely perceived as fatherly advice for John who would

  • PM requests Russia’s Covid vaccine

    Prime Minister Hun Sen has requested that Russia provide Cambodia with its Covid-19 vaccine after the former announced it planned on mass vaccinating its population next month. The request came on Thursday through the prime minister’s Facebook page as he met with Anatoly Borovik,

  • First ‘mobile kitchen’ in Cambodia enters service

    A catering company recently rolled out Cambodia’s first “mobile kitchen” – a $50,000 container capable of serving up to 200 people at a time. The kitchen is the brainchild of Seng Hok Heng Catering Services. At 4.4m-high, 6.8m-long and 2.4m-wide (expandable to 6.8m), the kitchen is equipped

  • Kingdom, China rebut basis for US sanctions

    The Council for the Development of Cambodia, the Ministry of Foreign Affairs and International Cooperation, and Tianjin Union Investment Development Group Co Ltd (Tianjin) have responded to US sanctions on Union Development Group Co Ltd (UDG), a Chinese-owned company currently developing the sprawling $3.8 billion Dara

  • Influenza breaks out in eight provinces

    Nearly 600 people have been infected with influenza in eight provinces in the past month, Ministry of Health spokesperson Or Vandine said. The ministry is advising extreme caution. A report released by Vandine on Saturday said the Ministry of Health observed transmissions of influenza between August 15