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    Home > Food News > Food Articles > China has been the largest importer of Cambodian rice for four consecutive years

    China has been the largest importer of Cambodian rice for four consecutive years

    • Last Update: 2022-09-06
    • Source: Internet
    • Author: User
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    On August 30, 2022, The Chinese Daily reported that according to Song Sharon, chairman of the Cambodian Rice Alliance, from 2019 to 2022, China has been the largest importer of
    Cambodian rice for four consecutive years.
    It predicts that China will remain Cambodia's most important export market
    for rice over the next five years.
    Song Sharon believes that China's large imports of Cambodian rice will help Cambodia achieve the goal
    of exporting 1 million tons of rice per year.
    From 2019 to 2021, Cambodian rice exports to China will be 240,000 tons (40% of total exports), 280,000 tons (50.
    2% of total exports) and 300,000 tons (50.
    2% of total exports).
    In addition, in the first half of 2022, Cambodia exported more than 160,000 tons of rice to China, accounting for 51.
    4%
    of total exports.
    Song Sharon said that Cambodia and China have signed six memorandums of understanding on cooperation on China's purchase of Cambodian rice, thus achieving a steady increase
    in Cambodian rice exports to China.
    Song Sharon pointed out that from the previous export data observation, due to the limited demand in the European market, Cambodia's exports to the EU market will not exceed 300,000 tons
    .
    For the Chinese market, Cambodian rice exports can reach 600,000 to 1 million tons
    .
    On the trade and political fronts, both China and Cambodia maintain solidarity and mutual assistance, which helps to promote Cambodian rice exports to China
    .
    According to the report of the Cambodia Rice Alliance, in the first seven months of 2022, Cambodian rice exports were 350,902 tons, with exports of 218.
    17 million US dollars, of which 169,766 tons were exported to China, with an export value of 89.
    09 million US dollars
    .
    Rice imports and exports
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