The Russia-Ukraine conflict does not affect Cambodian rice exports

Published 2022년 3월 8일

Tridge summary

Between January and February 2022, Cambodia saw a 35.21% increase in milled rice exports, reaching a total of 103,058 tons compared to the same period last year. The majority of these exports were sent to China, with Europe also being a significant market. However, concerns have been raised about potential supply chain disruptions due to the ongoing conflict in Europe and sanctions against Russia, despite Russia not being a major rice buyer for Cambodia. Cambodia is actively diversifying its rice export markets, focusing on Mainland China, Hong Kong, Macau, and ASEAN countries, as it has observed a decrease in rice exports to Europe due to high transport costs and a scarcity of shipping bills caused by the COVID-19 pandemic.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to statistics from the Cambodian Ministry of Agriculture, Forestry and Fisheries, between January and February 2022, Cambodia exported a total of 103,058 tons of milled rice to world markets, an increase of 26,836 tons (equivalent to 26,836 tons). equivalent to an increase of 35.21% over the same period) last year. There are concerns among Cambodian businesses about potential supply chain disruptions stemming from the current conflict, as well as sanctions against Moscow and Russian entities. In this regard, CRF Secretary-General Lun Yeng explained that the Eastern European country is not currently Cambodia's main rice buyer, but the current conflict and related events could significantly disrupt the The shipping route is still used to bring the main source of grain around the world. According to CRF statistics, Cambodia exported about 17,512 tons of rice by sea to Russia in the 5-year period, from 2017-2019, equivalent to 0.549% of the country's total 3.19 million ...

Source: Vinanet