Cambodia’s rice exports fall 15.39 percent in January

Cambodia shipped 50,450 tonnes of rice worth 39 million USD to foreign markets in January, a year-on-year decline of 15.39 percent, according to the Cambodia Rice Federation (CRF).

CRF secretary-general Lun Yeng said that exports to the European market, the largest importer of Cambodian rice, in the month fell 22 percent year on year to 5,269 tonnes since the EU Commission introduced safeguard measures last year on rice imports from the country.

However, Lun Yeng said rice exports to the European market are set to increase in the coming months, thanks to a drop in taxes on rice imports from 175 EUR (190.99 USD) per tonne last year to 150 EUR this year.

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