Cambodia sees recovery in rice exports in 2022, expects to export 800,000 tons
(Phnom Penh): The President of the Rice Federation of Cambodia said that for the rice sector of Cambodia in 2022 seems to show more positive signs than challenges, the Rice Federation has set a plan to export at least 750,000 to 800,000 tons. As of 2021, the Kovid 19 crisis has reduced rice exports by more than 10%.
Speaking to Fresh News on January 5, 2022, Duke Song Saran, President of the Cambodian Rice Federation, said that the Cambodian rice sector in 2022 sees more positive signs than challenges because Cambodia has signed an agreement. With China, the country has given a quota of 400,000 tonnes of rice exports, while the European market will end tariffs on Cambodian rice from the end of January. At the same time, other export markets, including Australia, Gabon, Turkey, also showed good signs of growth.
"The 2022 plan is a year of recovery after a decline of more than 10% in the Kovid Crisis 2021, which we plan to increase in volume to increase exports to between 75,000 and 800,000 tons," he added. And 2023 will reach 1 million.
He added that the Rice Federation of Cambodia is ready with its members for 2022 and 2023 to promote and promote sales in international markets through exhibitions, face-to-face meetings with buyers and work directly with the Ministry of Commerce in Direct negotiations with importing countries such as China, East Timor and other countries.
However, he said that although the Regional Comprehensive Economic Partnership Agreement (RCEP) and the Free Trade Agreement between Cambodia and China entered into force on January 1, 2021, both This does not seem to benefit rice exports, as all free agreements generally do not apply to sensitive goods on the production and supply of food security, such as rice, wheat ... No, in accordance with the common principles of the WTO by setting an appropriate import quota system called TRQ (Tariff Rate Quota).
According to the report of the Ministry of Agriculture, Forestry and Fisheries in 2021, Cambodia earned more than 527 million US dollars from rice exports, exporting 610,000 tons, a decrease of 10.68% compared to the volume in 2020. Rice exports were more than 3.5 million tons, up 61.16%, earning more than 631 million US dollars.
