Cambodian banana exports to China increased sharply

Published 2021년 9월 7일

Tridge summary

In the first seven months of this year, Cambodia saw significant growth in its fresh banana exports, reaching 270,222 tons, or 40% of its total banana production. China and Vietnam were the primary recipients of these exports, benefiting from a free trade agreement that has increased access to bananas, mangoes, and milled rice from Cambodia. The Covid-19 pandemic, however, has impacted banana export profits, with the Philippine Banana Growers and Exporters Association reporting a 15% drop due to increased shipping costs and shipment delays. Additionally, Cambodia has begun exporting bananas to Japan, making up 1% of its total banana exports this year. The country's production diversity includes other crops such as rice, rubber, cassava, cashews, corn, pepper, beans, mangoes, and vegetables.

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Original content

According to Khmer Times, in the first 7 months of this year, fresh banana exports reached 270,222 tons, 40% of which went to China and 11% to Vietnam. China and Cambodia signed a free trade agreement last year that opened up exports of bananas, mangoes and milled rice to the country, offsetting a drop in exports to Europe. The Philippine Banana Growers and Exporters Association said banana export profits are falling 15% due to the Covid-19 outbreak, which has increased shipping costs and delayed shipments. BusinessMirror reports that this year nearly 40% of China's banana imports come from Cambodia and Vietnam. Cambodia also started exporting bananas to Japan, with the volume now accounting for only 1% of Cambodia's total banana exports in the first seven months of this year. Even so, the opening of Cambodia's fresh banana export port to the Japanese market shows that the Kingdom's products meet international standards. The ...

Source: Vinanet