Cambodia’s rice exports in the first seven months of this year reduced by nearly 6.3 percent year on year, or 18,837 tonnes, to 297,080 tonnes, according to statistics of the secretariat of the One-Window Service for Rice Export Formality.
Cambodia’s rice exports during January-July reduces by nearly 6.3 percent year on year. (Photo: Reuters)
Phnom Penh (VNA) – Cambodia’s rice exports in the first sevenmonths of this year reduced by nearly 6.3 percent year on year, or 18,837tonnes, to 297,080 tonnes, according to statistics of the secretariat of theOne-Window Service for Rice Export Formality.
The secretariat attributed the decrease to rice exporters in the regioncutting export rice prices to enhance competitiveness.
However, the Ministry of Agriculture said the reduction in rice exportis due to insufficient purchase of unmilled rice and limited rice reserves.
According to Hean Vahhan, director general of the general directorate ofagriculture, as next month will be the main harvest time, rice export will pickup in the coming months.
Last year, Cambodia shipped abroad more than 600,000 tonnes of milledrice, an increase of 17 percent from a year earlier. China was the largestbuyer of Cambodian rice with a quota of 300,000 tonnes.-VNA
Cambodia has exported 540,000 tonnes of rice in 2016, up 0.7 percent from the previous year, but far below the target of one million tonnes set by the Government.
Cambodia exported 257,637 tonnes of rice in the first five months of 2017, up 10 percent compared with the same period last year, according to the latest report on June 10.
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