Logo of Phnom Penh Post newspaper Phnom Penh Post - Ministry sees export market growing

Ministry sees export market growing

A farmer waters a vegetable crop at a Chroy Changvar farm earlier this year in Phnom Penh.
A farmer waters a vegetable crop at a Chroy Changvar farm earlier this year in Phnom Penh. Pha Lina

Ministry sees export market growing

Cambodia's total agricultural production was down slightly last year while a larger share of this production went to exports, the Ministry of Agriculture said in its annual report, released yesterday.

Speaking at the launch of the report, Ty Sokhun, secretary of state at the ministry, said the Kingdom’s total agricultural production had been projected to grow by 5 per cent last year, but ended up down by 1 per cent.

He said despite a decline in output, production yields – deemed critical to the sector’s future – were increasing.

“The rate of increase is still low since the cost of production remains high,” he said.

“The other key challenge is that the market price on agricultural products is still low and volatile.”

Total exports of agricultural products topped 4.1 million tonnes in 2015, a 20-per cent increase over the previous year, according to the annual report.

Sokhun said that Cambodian farmers managed to diversify their export portfolio last year, shipping 66 different kinds of agricultural products, 19 more than in 2014.

The two biggest exports by tonnage were cassava and rice, which accounted for 68 per cent and 13 per cent of total export volume, respectively.

Agriculture Minister Veng Sokhon said the ministry’s goal is to increase exports of processed agricultural products to at least 12 per cent of total exports by 2025.

“To do this, we must promote competition in the domestic market and export our products to regional and international markets while reducing reliance on imports,” he said.

MOST VIEWED

  • Hun Sen: Stop Russia sanctions

    Prime Minister Hun Sen said sanctions against Russia as a result of its military offensive in Ukraine should be stopped as they have produced no tangible results, and predicted that a global food crisis would ensue in 2023 as a consequence. Speaking to an audience at

  • Chinese tourists 2.0 – Coming anytime soon?

    Regional tourism is grappling with the absence of the prolific travellers and big spenders – the Chinese tourists. Cambodia, which has welcomed over two million Chinese tourists before Covid-19, is reeling from the economic loss despite being the first to fully open last November ‘To put

  • PM reflects on shoe throwing: Free speech or act of violence?

    Prime Minister Hun Sen on May 17 questioned whether a man who threw a shoe at him while he was in the US was exercising freedom of expression or if it was an act of hostility. Hun Sen was referring to an incident last week when

  • Siem Reap’s Angkor Botanical Garden opens

    The Angkor Botanical Garden was officially opened on May 19 with free entry for both local and international visitors for the first six weeks. The garden was established on a nearly 15ha plot of land in Siem Reap. “After the first six weeks, Angkor Botanical Garden

  • Pub Street on the cards for Battambang

    The Battambang Provincial Authority has announced that it is considering establishing a Pub Street in the area around the heritage buildings in Battambang town in a bid to attract more tourists. Battambang provincial governor Sok Lou told The Post that the establishment of a Pub

  • Hun Sen: Don’t react to hostility

    Prime Minister Hun Sen urged tolerance and thanked members of the Cambodian diaspora for not reacting to the hostility on display towards him by others while he was in the US to attend the May 12-13 ASEAN-US Special Summit in Washington, DC. In an audio