A Change of Guard

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Tuesday 29 December 2009

Cambodia has more than 2 million tons of rice in surplus for exports

Cambodian farmers in Takeo province drying their rice in preparations for exports to overseas.

By Khmerization

The Ministry of Agriculture indicated that Cambodia has a rice surplus in excess of 2 million tons for exports, reports Khmer Sthapana.

Prime Minister Hun Sen, in a public speech recently, quoted the Ministry of Agriculture statistics by saying that Cambodia has over 3 million tons of surplus in un-husked rice which will amounted to over 2 million tons after they were husked.

In the past, Cambodia only exports rice to neighbouring countries like Thailand and Vietnam. But recently, Cambodia has exported thousands of tons of high-grade rice such as Malis rice, Neang Minh rice and Rumduol rice to European markets that can fetch between $300 to $500 per ton.

Other than this, currently, Cambodia is preparing and packing 100 tons of rice for exports to Australia.

Despite increase in exports to European and Australian markets, rice exports across borders to Vietnam is still very strong, through land and sea routes. Cambodian farmers said, this year, they expect to get a better price than previous years.

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