Logo of Phnom Penh Post newspaper Phnom Penh Post - Exports of rice quadruple

Exports of rice quadruple

Exports of rice quadruple

CAMBODIA’S rice export volumes quadrupled in the first half of the year compared to the period 2010, according to statistics from the Ministry of Commerce’s Camcontrol Department.

High domestic average yields, rising international prices, and increased international recognition has led to the growth, Camcontrol statistics office Director Khoun Savuth said yesterday.

Cambodia exported 80,442 tonnes worth US$45.68 million in the first six months, compared to 17,144 tonnes worth $13.43 million in the same period last year, Camcontrol statistics show.

Loran Import Export Company General Director Lim Bun Heng said the firm had exported about 18,000 tonnes in the six month period, from about 6,000 tonnes in the first half last year.

The firm initially began exporting to African nations in 2009, but Europe has become its major market overseas, and shipments to China are likely to begin at the end of 2011.

“Present increased rice exports show the goal to export one million tonnes by 2015 can be successfully achieved,” he said.

Loran had exported about 7,000 tonnes of milled rice in 2010, but aims for as much as 40,000 tonnes this year, said Lim Bun Heng.

Mega Green Cambodia Company has seen its exports triple in the first six months compared year-on-year, said its General Director Uth Ren.

“The quality of rice is becoming more standardised, and the government tries to increase rice exports through measures such as tax incentives,” he said.

Its exports of 5 percent broken rice is fetching about $878 a tonne, an increase of about $20 from last year, he said. Its 10 percent broken rice fetches about $530, an increase of about $75 a tonne, he claimed.

MOST VIEWED

  • PM imposes nationwide Covid restrictions, curfew over Delta scare

    Prime Minister Hun Sen late on July 28 instructed the municipal and provincial authorities nationwide to strictly enforce Covid-19 measures including curfew for two weeks from July 29 midnight through August 12 to stem the new coronavirus Delta variant. The instruction came shortly after he issued a directive

  • Two luxury hotels latest quarantine options for inbound travellers

    The Inter-Ministerial Committee to Combat Covid-19 has designated two luxury hotels as alternative quarantine options for travellers who wish to enter Cambodia through Phnom Penh International Airport – Sokha Phnom Penh Hotel & Residence and the Courtyard by Marriott Phnom Penh. In a notice detailing guidelines issued

  • Provinces on Thai borders put in lockdown amid Delta fears

    The government has decided to place several border provinces in lockdown for two weeks in a bid to prevent the new coronavirus Delta variant spreading further into community. According a directive signed by Prime Minister Hun Sen late on July 28, the provinces include Koh Kong,

  • China denies Mekong hacking

    As the US and its allies joined hands last week to expose what they allege to be China’s Ministry of State Security’s malicious cyber activities around the world, the attention also turned to Cambodia with the US Department of Justice claiming that four

  • US' Johnson & Johnson Covid-19 vaccines arrive

    The first batch of 455,000 doses of the Johnson & Johnson Covid-19 vaccine donated by the US touched down in Phnom Penh on the morning of July 30. They are part of the total 1,060,100 doses the US has pledged to provide to Cambodia through the World Health Organisation-led (

  • Governor: Covid subsides in capital

    Phnom Penh municipal governor Khuong Sreng said the Covid-19 situation in the capital’s 14 districts has eased, with only two districts still recording a high number of infections. “Transmission cases in all districts are dropping, though they are relatively higher Meanchey and Por Sen Chey.