Cambodia Earns US$4.3 Billion in Revenue from Agricultural Exports in 2023

Phnom Penh, January 08, 2023 --

Cambodia exported 8.4 million tonnes of agricultural products last year, earning around US$4.3 billion in revenue, the Ministry of Agriculture, Forestry and Fisheries’ report showed on Monday.

The agricultural exports inched down by nearly 2 percent in quantity compared to a year before, it pointed out.

The main products Cambodia exported included rice, bananas, mangoes, cassava, cashew nuts, corn, palm oil, pepper and tobacco.

Exports of milled rice and paddy rice earned US$567 million and US$939 million, respectively, read the report. The non-rice agricultural exports were valued at US$2.8 billion.

This indicates that the agricultural sector plays an important role in supporting the socio-economic development of Cambodia, and is more resilient than other sectors, stated the ministry.

“The overall situation of agricultural exports in 2023 remains good, with the increase by 3 percent of rice export despite regional conflicts, war crisis, economic crisis, climate change and bans of food exports,” the ministry said.

China, Vietnam and Thailand are the major importers of Cambodia’s agricultural items.