Agricultural products see remarkable surge in exports
Agricultural products see remarkable surge in exports
Cambodia saw a significant surge in the export of potential agricultural products in 2024, an official report from the Ministry of Commerce showed.
The main products Cambodia exported in the said period included rice, bananas, mangoes, cassava, cashew nuts, corn, pepper and tobacco.
The country earned $1,398 million from paddy export and $491 million from milled rice export, a year-on-year increase of 11.69 percent and 5 percent, respectively, read the report.
The export of cassava amounted to $689 million, while the rubber export was $595 million, with a growth of 6.69 percent and 12.78 percent, respectively.
The Kingdom also earned $505 million from cashew nut export, a year-on-year increase of 31 percent, and $145 million from fresh mango exports, up 27 percent.
However, the banana export saw a decrease of 9.35 percent to $152 million.
China, Vietnam, and Thailand are the major importers of Cambodia’s agricultural products.
Cambodia’s agricultural exports are now mainly conducted through official channels, marking a change away from informal channels in exports, Khim Finan, Undersecretary of State and Spokesman of the Ministry of Agriculture, Forestry, and Fisheries, said.
“These results reflect the success of opening new markets and boosting competitiveness, which has helped agricultural products reach export-quality standards,” Finan said.
The Royal Government has announced the implementation of a new strategic policy for agricultural development, aiming to upgrade agriculture from household to commercial farming and enhance farmers’ income through value-added products.
Prime Minister Hun Manet last week visited a cashew nut farming community in Kampong Thom province and got first-hand information on cashew cultivation.
He urged all relevant officials to assist farmers to form the modern cashew nut farming community to gain more technical support and communities’ economies of scale, and enhanced ability to compete in both quantity and quality.
Under the priority policy, the government deployed 250 agricultural officials and the number will be raised to over 1,300 in 2025 in communes nationwide to add human resources for the agricultural sector’s development.
These officials will technically assist farmers, form agricultural cooperatives, link production chains, and guide farmers in reducing production costs.
