PHNOM PENH, 28 February 2013
(The Cambodia Herald) -- Cambodia's exports to Malaysia almost doubled
from $55.5 million a year earlier to $101 million in 2012, the Malaysian
Embassy said.
Exports were led by crude rubber at $69.1 million
followed by milled rice at $24.3 million, up sharply from $9.5 million
in 2011 and only $0.4 million in 2010.
A statement released Wednesday said Malaysia had a "keen interest" in diversifying its sources of rice imports.
The
embassy foresees "positive growth" in milled rice imports from Cambodia
"subject to gradual development in quality and competitive pricing," it
said.
"Although, the modernization of the sector is still
ongoing, the result in terms of quality (is) already visible. However,
more efforts need (to) be done to develop (the) Cambodian rice
sector to become more price competitive and sufficient in export
production."
The statement said overall two-way trade grew 17.3
percent from a year earlier to $376.1 million in 2012. Exports to
Cambodia fell 5.1 percent to $248.1 million in the same period.
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