Rice exports earn $123 million in Q1
Cambodia exported 166,451 tons of milled rice in the first quarter (Q1) of 2024, down 5.7 percent from 176,581 tons in the same period last year, a report from the Cambodia Rice Federation (CRF) showed.
The Kingdom made $123.6 million in revenue from the export of the commodity during the January-March period this year, down 1.9 percent from $126 million recorded in the same period last year, the report said.
Exported milled rice varieties included fragrant rice, fragrant rice, long grain white rice, parboiled rice, and organic rice, it said, citing that fragrant rice accounted for 81 percent of total rice export.
The commodity was exported by 46 rice exporters to 56 countries and regions, read the report.
China and Europe are the major markets for Cambodia’s milled rice.
China remained the top buyer of Cambodia’s milled rice, purchasing 43,039 tonnes or 25.8 percent of Cambodia’s total milled rice export in the first quarter, the report said.
The Kingdom exported rice to 25 countries in the European bloc at an amount of 78,675 tons, six countries in the ASEAN bloc 29,719 tons and other destinations 15,018 tons, stated the report.
The amount of commodity exports is equal to the amount in the same period of last year, said CRF secretary-general Lun Yeng.
Read more: https://www.khmertimeskh.com/501469151/rice-exports-earn-123-million-in-q1/
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