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    Home > Food News > Food Articles > Cambodian processed cashew exports tripled, over 50% shipped to China

    Cambodian processed cashew exports tripled, over 50% shipped to China

    • Last Update: 2022-05-11
    • Source: Internet
    • Author: User
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    According to a recent report by theCambodian Ministry of Agriculture, Forestry and Fisheries , Cambodia exported over 200 tons of processed cashew nuts in the first quarter of this year , a year-on-year increase of 312% .
    Although cashew nuts are still the mainstream of exports, the export volume has reached 271,994.
    48 tons, but it has dropped by 39.
    67% year-on-year .


     
    The report shows that Cambodia exported a total of 213.
    41 tons of processed cashew nuts in the first quarter, of which 123.
    38 tons were exported to mainland China, 76 tons to Thailand, 12.
    1 tons to Japan, and 1.
    93 tons to Taiwan
    .
    Cambodian unprocessed cashews exported 271,980.
    9 tons to Vietnam and 13.
    58 tons to China
    .
    Nciro, chairman of the Cambodia Cashew Association, pointed out that the increase in the export of processed cashews is due to the association of local small and medium-sized enterprises to attract foreign factory investment through the Ministry of Agriculture, Forestry and Fisheries and the Ministry of Commerce
    .
     
      In recent years, Cambodian cashew exports have maintained rapid growth
    .
    In the past three years, the production of unprocessed cashew nuts in Cambodia has increased significantly, reaching 60,000 tons in 2019, 950,000 tons in 2020, and 1.
    1 million tons in 2021
    .
    Most of them are exported to Vietnam, processed in Vietnam and then exported to the world
    .
    Since last year, the Cambodian government has begun to vigorously encourage the development of local cashew processing enterprises and increase the export of processed cashew nuts, which has shown greater economic benefits
    .
     
      Ban Su Weijie, deputy secretary of state and spokesman for the Cambodian Ministry of Commerce, said Cambodian cashews are becoming a strategic commodity after cassava and rice
    .
    More and more local and foreign investors are turning to invest in growing cashew nuts and setting up small processing plants for direct export
    .
    According to the Cambodian Ministry of Commerce, the National Cashew Industry Policy has been formulated with the main purpose of further promoting the Cambodian cashew industry, including attracting investment into the cultivation and processing of cashew nuts
    .
    The new policy will also build Cambodia into a major cashew nut producer and supplier in the region and the world, enhance the competitiveness of Cambodian cashew nuts in terms of quantity and quality, and create added value to benefit farmers
    .
     
      China is the first country to sign a bilateral free trade agreement with Cambodia.
    After the China-Cambodia Free Trade Agreement comes into effect, it will have a knock-on effect on the Cambodian economy and attract more foreign direct investment to produce and process agricultural products for export to the huge Chinese market.

    .
    According to industry analysts, China will promote high-quality Cambodian cashew nuts to further expand the market
    .
     
      Cambodia Cashew Association recently revealed that a Korean company traveled to the Agricultural Bureaus of Kratie, Stung Treng and Kampong Thom provinces through World Share Cambodia to study, support and process cashew nut projects
    .
    Hope to build a factory to pack and acquire cashew nuts for export to Korea and the US
    .
    At the beginning of this year, Japanese company YEBISS HOLDINGS proposed its project to invest in the cultivation of cashew nuts and the establishment of a cashew nut shell processing plant
    .
    Akira Taniguchi, director of the company, pointed out that it plans to invest 1,000 hectares of land in Preah Vihear province to grow cashew nuts
    .
    He said the main goals of the project are: to build a cashew nut processing plant for export to Japan and other international markets; to process cashew nut shells into "oil", which can be used to make bags, cups, straws and other items to replace environmentally damaging plastics product
    .
     
      Cambodia currently has cashew nut plantations in 10 provinces, with a total area of ​​over 500,000 hectares
    .
    According to the report of the Cashew Nut Association, Kampong Thom province has the largest area of ​​cashew plantations with 90,959 hectares; Kratie Province with 47,858 hectares, Ratanakiri Province with 30,459 hectares, Kampong Cham Province with 24,364 hectares, Siem Reap Province with 22,305 hectares, and Kampong Thom Province with 22,305 hectares.
    16,971 hectares in Vijay, 16,164 hectares in Stung Treng, 8,334 hectares in Tebenkmun, 5,676 hectares in Mondulkiri and 2,123 hectares in Kampong Chhnang
    .
    Fishery cashew export
     
      The report shows that Cambodia exported a total of 213.
    41 tons of processed cashew nuts in the first quarter, of which 123.
    38 tons were exported to mainland China, 76 tons to Thailand, 12.
    1 tons to Japan, and 1.
    93 tons to Taiwan
    .
    Cambodian unprocessed cashews exported 271,980.
    9 tons to Vietnam and 13.
    58 tons to China
    .
    Nciro, chairman of the Cambodia Cashew Association, pointed out that the increase in the export of processed cashews is due to the association of local small and medium-sized enterprises to attract foreign factory investment through the Ministry of Agriculture, Forestry and Fisheries and the Ministry of Commerce
    .
    China
     
      In recent years, Cambodian cashew exports have maintained rapid growth
    .
    In the past three years, the production of unprocessed cashew nuts in Cambodia has increased significantly, reaching 60,000 tons in 2019, 950,000 tons in 2020, and 1.
    1 million tons in 2021
    .
    Most of them are exported to Vietnam, processed in Vietnam and then exported to the world
    .
    Since last year, the Cambodian government has begun to vigorously encourage the development of local cashew processing enterprises and increase the export of processed cashew nuts, which has shown greater economic benefits
    .
     
      Ban Su Weijie, deputy secretary of state and spokesman for the Cambodian Ministry of Commerce, said Cambodian cashews are becoming a strategic commodity after cassava and rice
    .
    More and more local and foreign investors are turning to invest in growing cashew nuts and setting up small processing plants for direct export
    .
    According to the Cambodian Ministry of Commerce, the National Cashew Industry Policy has been formulated with the main purpose of further promoting the Cambodian cashew industry, including attracting investment into the cultivation and processing of cashew nuts
    .
    The new policy will also build Cambodia into a major cashew nut producer and supplier in the region and the world, enhance the competitiveness of Cambodian cashew nuts in terms of quantity and quality, and create added value to benefit farmers
    .
     
      China is the first country to sign a bilateral free trade agreement with Cambodia.
    After the China-Cambodia Free Trade Agreement comes into effect, it will have a knock-on effect on the Cambodian economy and attract more foreign direct investment to produce and process agricultural products for export to the huge Chinese market.

    .
    According to industry analysts, China will promote high-quality Cambodian cashew nuts to further expand the market
    .
     
      Cambodia Cashew Association recently revealed that a Korean company traveled to the Agricultural Bureaus of Kratie, Stung Treng and Kampong Thom provinces through World Share Cambodia to study, support and process cashew nut projects
    .
    Hope to build a factory to pack and acquire cashew nuts for export to Korea and the US
    .
    At the beginning of this year, Japanese company YEBISS HOLDINGS proposed its project to invest in the cultivation of cashew nuts and the establishment of a cashew nut shell processing plant
    .
    Akira Taniguchi, director of the company, pointed out that it plans to invest 1,000 hectares of land in Preah Vihear province to grow cashew nuts
    .
    He said the main goals of the project are: to build a cashew nut processing plant for export to Japan and other international markets; to process cashew nut shells into "oil", which can be used to make bags, cups, straws and other items to replace environmentally damaging plastics product
    .
     
      Cambodia currently has cashew nut plantations in 10 provinces, with a total area of ​​over 500,000 hectares
    .
    According to the report of the Cashew Nut Association, Kampong Thom province has the largest area of ​​cashew plantations with 90,959 hectares; Kratie Province with 47,858 hectares, Ratanakiri Province with 30,459 hectares, Kampong Cham Province with 24,364 hectares, Siem Reap Province with 22,305 hectares, and Kampong Thom Province with 22,305 hectares.
    16,971 hectares in Vijay, 16,164 hectares in Stung Treng, 8,334 hectares in Tebenkmun, 5,676 hectares in Mondulkiri and 2,123 hectares in Kampong Chhnang
    .
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