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Cambodia rice exports dramatically increased

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Agencies in Cambodia announced in May that the country’s rice exports have increased more than fivefold over the past five years.

A joint statement released by the International Finance Corporation, a member of the World Bank Group, and the Cambodia Rice Federation, said “Cambodia’s formal milled rice exports have significantly increased in the last five years, from approximately 100,000 metric tonnes in 2010 to 530,000 metric tonnes in 2015.”

The growth comes despite the country announcing in December that it would fail to meet an ambitious target of exporting 1 million tonnes of milled rice in 2015. In the first two months of 2016, the country exported almost 96,000 tonnes of milled rice, showing potential for a further increase.