Logo of Phnom Penh Post newspaper Phnom Penh Post - Kingdom’s rice exports drop despite deals

Kingdom’s rice exports drop despite deals

Content image - Phnom Penh Post
A woman works in a rice processing factory in Battambang province. Heng Chivoan

Kingdom’s rice exports drop despite deals

Cambodian rice exports have dramatically declined over the past four months compared to the same period last year, causing significant concern for the rice industry even as plans are in the works to expand exports by thousands of tonnes, according to government officials.

The data, released by the General Department of Agriculture yesterday, show that total rice exports in the first four months of this year totalled 197,354 tonnes, compared to the 212,394 tonnes exported in the same period last year, a year-on-year decrease of 7 percent.

“It is really concerning for the rice industry,” said Hean Vanhan, director general of the General Department of Agriculture, yesterday. He stated that while the Cambodia rice industry could produce 10 million tonnes of raw paddy, exports are realistically expected to fall.

Vanhan claimed that even though agreements had been signed to boost exports, terms of the deals and price negotiations were still ongoing.

“We will set up a meeting with the private sector and relevant ministries to address the added challenges,” he said.

China, which agreed to accept 200,000 tonnes of rice from the Kingdom last year and will expand that quota to 300,000 tonnes this year, was the top destination for rice shipments leaving the country.

Bangladesh also inked a deal with the government last year to purchase 1 million tonnes of rice from Cambodia over the next five years. None has yet been shipped, however, as the memorandum remains in the negotiation phase.

Long Kemvichet, spokesman for the Ministry of Commerce claims that the deal with Bangladesh is still being ironed out and that the two sides are, “working toward implementing the MoU”.

MOST VIEWED

  • Body of woman killed in Bangkok returns

    The Cambodian embassy in Thailand is working to repatriate the body of a casino dealer who was shot dead in Bangkok on Monday night. Ministry of Foreign Affairs and International Cooperation spokesman Kuy Kuong told The Post on Wednesday that officials are preparing paperwork to

  • Chikungunya hits 15 provinces, says gov’t

    Ministry of Health spokeswoman Or Vandine said on Thursday that the chikungunya outbreak in the Kingdom has spread to 15 provinces. Some 1,700 people are now suspected to have the disease. Vandine urged people to prevent its further spread by eliminating shelters for the Aedes aegypti mosquitoes

  • Gov’t exempts visa A and B holders from Covid fees

    Airline passengers who are diplomats and officials of international organisations holding Type A and B visas for travel to Cambodia are exempted from paying Covid-19 testing fees, said the Ministry of Health in its latest adjustment of rules on Wednesday. Health Minister Mam Bun Heng

  • Police arrest 29 Chinese for PP kidnapping

    Phnom Penh Military Police arrested 29 Chinese nationals on kidnapping charges on Wednesday. The suspects are said to have abducted three other Chinese nationals from a hotel in Chaktomuk commune, Daun Penh district. The operation took place on Wednesday and was led by two deputy commanders –

  • Bill covering dress code draws ire

    Ministry of Interior secretary of state Ouk Kim Lek responded on Tuesday to criticism concerning a draft law that would ban women from wearing overly revealing clothing, saying that input from all parties will be considered as the law moves through the promulgation process. Several

  • What’s the deal with Cambodia and China’s FTA?

    Cambodia’s Free Trade Agreement (FTA) with China kicks off a series of FTAs in future but for now, critics wonder what else the parties could bring to the table apart from what it already has to date By the end of this year, Cambodia