Logo of Phnom Penh Post newspaper Phnom Penh Post - Global trade ease bumps up Q1 rice exports

Global trade ease bumps up Q1 rice exports

Content image - Phnom Penh Post
The General Directorate of Agriculture reported that paddy exports rose 13.80 per cent year-on-year to $248,842,399, weighing in at 1,390,181 tonnes, while milled-rice exports increased by 10.96 per cent year-on-year to $145,810,845, at 170,539 tonnes. Hean Rangsey

Global trade ease bumps up Q1 rice exports

The end of rice tariffs in the EU and improving global trade conditions boosted the Kingdom’s milled-rice and paddy exports to 1,560,720 tonnes, valued over $394.6 million, in the first three months of 2022.

The General Directorate of Agriculture reported that paddy exports rose 13.80 per cent year-on-year to $248,842,399, weighing in at 1,390,181 tonnes, while milled-rice exports increased by 10.96 per cent year-on-year to $145,810,845, at 170,539 tonnes.

Cambodia Rice Federation (CRF) secretary-general Lun Yeng affirmed that despite a 12 per cent decline seen last month, the total volume of the January-March milled-rice exports was “around 30,000 tonnes” more than amount logged during the corresponding period of 2021.

Speaking to The Post, Yeng said although transport costs remained high, it has eased slightly due to additional shipping containers and better trade flows to Europe.

China continued to rank first for Cambodia among importing countries for milled rice at 52 per cent, followed by Europe at 28 per cent, and ASEAN and other countries and territories.

Based on the breakdown, milled rice to 21 EU destinations grew 34.51 per cent to 47,674 tonnes while China imported 88,646 tonnes, up 3.84 per cent year-on-year. The rest of the exports were represented by ASEAN and 21 other countries and territories.

“If we look at the growth rate in terms of percentage, ASEAN has the most volatile growth,” he said.

The three-year rice import tariffs, known as safeguard measures, were imposed by the EU in 2019 after its commission found that Indica rice from Cambodia and Myanmar allegedly caused “economic damage” to European rice producers.

The tax was set at €175 ($190) per tonne in 2019, regressing to €150 per tonne in 2020 and €125 per tonne in 2021.

Meanwhile, Yeng said CRF’s target was to export 750,000 tonnes of milled rice by 2022 but given the pace of exports and a slowdown in Covid-19 cases, it might hit 800,000 tonnes or more this year.

“The rate of exports to China is still high, with a quota of about 400,000 tonnes [as stipulated in an existing memorandum of understanding (MoU) with China]. It has already surpassed 100,000 tonnes. If there is a new MoU with China in future, I think milled rice exports could exceed the target,” he said.

Separately, the agriculture directorate revealed that broken down by category of milled rice, fragrant varieties accounted for 120,422 tonnes (70.6 per cent of the total), white cultivars clocked in at 48,827 tonnes (28.63 per cent), and parboiled rice reached 1,290 tonnes (0.76 per cent).


  • Typhoon Noru brings flash floods – 16 dead

    An official warned that that the 16th typhoon of the season, Noru, had brought heavy rains to areas the Mekong River and flooded thousands of homes in the provinces bordering Thailand. As of September 27, the death toll from the flooding had risen to 16. National Committee

  • Siem Reap drain canal now ‘mangrove’ promenade

    A more than half a kilometre long stretch of canal in Siem Reap has been covered and turned into a promenade to attract visitors, said Ly Rasmey, secretary of state at the Ministry of Land Management, Urban Planning and Construction, on September 16. The new pedestrianised

  • Angkor wildlife, aquarium park still to open October

    The Angkor Wildlife and Aquarium complex about 30km southeast of Siem Reap town with initial total investment of more than $70 million is reportedly still on track for an end-October opening. The park is located on a 100ha plot along National Road 6 in Kbon village, Khchas

  • Defence minister reaffirms Kingdom’s staunch support for One-China policy

    Minister of National Defence General Tea Banh has reaffirmed Cambodia’s unwavering support for the One-China policy. Tea Banh was speaking at the September 20 ceremonial handover of 117 vehicles and other military equipment donated by China’s defence ministry, held at Phnom Chumreay International Military Training

  • Deaths due to ‘lifestyle’ diseases rise in Kingdom

    The Ministry of Health has called on people to pay closer attention to their health to protect themselves from non-communicable diseases (NCDs) which it said have caused high rates of deaths in the country. Ministry secretary of state York Sambath made the call at a

  • Thai Senate delegates in Cambodia to discuss anti-graft co-op

    A delegation from Thailand's Senate was in Phnom Penh on September 28 to meet their Cambodian counterparts to discuss strategies for fighting corruption and enhancing cooperation. The Thai delegates were from its Senate’s Committee on Studying and Inspecting Corruption, Misconduct and Strengthening Good Governance. They