Cambodian banana exports fall by more than 20%

Published 2024년 1월 11일

Tridge summary

Cambodia's fresh banana exports in 2023 are expected to decrease by over 21% to approximately 290,000 tons due to weather and technical issues affecting production. The decrease in exports is also impacting the company's sales to the Chinese market, which receives over 90% of Cambodia's fresh bananas. Despite the challenges, the unique variety of yellow bananas grown in Cambodia continue to be in demand and are known for their better taste compared to other varieties.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to a report from the Cambodian Ministry of Agriculture, Forestry and Fisheries, Cambodia’s fresh banana exports in 2023 will be approximately 290,000 tons, a year-on-year decrease of more than 21%. Longmate Agricultural Company CEO Hun Lak explained that market demand is still there and prices are good, but production is declining due to weather and technical issues. When farms are affected by severe weather phenomena such as El Niño, water shortages lead to soil moisture loss, Pest problems have increased and pesticides have become less effective. The 2023 banana harvest is smaller than in 2022, and the company's exports to China have also declined. More than 90% of Cambodia's fresh bananas are exported to the Chinese market. Lak added that the yellow bananas exported to the Chinese market are a unique variety that taste better compared to other varieties. To maintain their quality, bananas are grown when the skin is dark green. Harvested and can be stored for nearly ...
Source: Guojiguoshu

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