Exports of rice to fall short of 2013 goal

Oct 9th at 14:08
09-10-2013 14:08:02+07:00

Exports of rice to fall short of 2013 goal

Cambodia's rice exports roughly doubled in the first nine months of this year compared with the same period in 2012, according to government data released yesterday. But the figures aren’t big enough to meet official goals for 2013.

The numbers show that exports of fragrant rice and ordinary white rice each accounted for about half of the 266,123 tonnes that shipped out from January through September.

The figures are set to fall short of the Cambodian government’s planned 500,000 tonnes in 2013, a goal which in turn represents half of the one million tonnes per year that officials hope to export by 2015.

“Our production is getting better, and our rice is more recognised at the market,” said Kim Savuth, president of the Federation of Cambodian Rice Exporters and head of the company Khmer Food. “I predict that export quantity will reach 350,000 tonnes by the end of this year.”

With 39,568 tonnes of exports, Amru Rice Cambodia was the leading company during the period, followed by Khmer Food and Golden Rice Cambodia, with 35,519 and 23,945 tonnes, respectively.

Poland received 43,375 tonnes, making the Eastern European nation the largest importer of Cambodian rice. France brought in the second-biggest share, followed by trading partners Malaysia, Thailand and the Netherlands.

Van David Vichet, deputy secretary general of the Alliance of Rice Producers and Exporters of Cambodia (ARPEC), said the 500,000-tonne target might be out of reach with so little time left in the year. He explained that, on average, Cambodia exports 30,000 tonnes per month. With only three months left of 2013, the numbers aren’t adding up to 500,000.

“We can reach about 360,000 tonnes, or in the best case we can export 400,000 tonnes by the end of this year,” he said.

phnompenh post



NEWS SAME CATEGORY

‘SolarTuk’ coming in March

Solar-powered tuk-tuks could be rolling off the assembly lines in Phnom Penh as early as March next year, allowing local tuk-tuk drivers a cost-effective and...

Deal sends milled rice to Chinese

State-owned Green Trade Company has signed an agreement with China’s Shandong Meijing Rice Co Ltd to export 100,000 tonnes of Cambodia’s milled rice.

Damage control for Dumex

While New Zealand dairy giant Fonterra is working overtime to restore its damaged brand in the wake of a contaminated baby milk scare that triggered a global...

Organic rice exports rise in first half

Responding to growing demand in US and EU markets, organic rice exports have surged, reaching 200 tonnes in the first six months of this year, compared with 100...

Local rice cultivation falls short of targets

Rice cultivation during the 2013 wet season reached about 95 per cent of the government’s annual goal, according to statistics from the Ministry of Agriculture...

Calls grow for cigarette tax

Anti-smoking advocates called on the government yesterday to raise tariffs on cigarettes, touting the health and revenue-generating benefits of a sin tax widely...

Thai policy hits Cambodian cassava exports

Thailand's restriction on agricultural imports earlier this year caused dramatic declines for Cambodia’s cassava exports during the harvest season, provincial...

PTT petrol stations filling up

Thailand’s PTT Cambodia, a subsidiary of the kingdom’s state-owned oil and gas conglomerate PTT Public Company Limited, expects to more than double the amount of...

Toyota to import used cars

Toyota Cambodia unveiled plans yesterday to add second-hand vehicles to its showroom in response to consumer preference for less expensive cars and a competitive...

Electric car is still on the charger

What happened to Cambodia’s electric car? The short answer is, the wait continues.


MOST READ


Back To Top