Milled Rice Exports Rise in the First Four Months

8 May 2013
The Cambodia Daily
Agricultural production / Agriculture and fishing / Crop products and commodities / Economy and commerce / Exports / Rice / Trade
Duty-free exports / E.U Everything But Arms Initiative / E.U. / EBA Agreement / Europe / Everything But Arms Agreement / Everything But Arms Treaty / Exports / FAO / Green Trade / Green Trade Director Thon Virak / Investment / irrigation / Milled Rice / paddy rice / rice / Rice Market / Rice Market Monitor report / rice mill investment / rice mills / rice yields / Thailand / Thon Virak / U.N. Food and Agriculture Organization / unprocessed paddy

Milled rice exports have seen dramatic growth this year as the sector begins to take advantage of duty-free exports to European countries, an official and the U.N. Food and Agriculture Organization (FAO) said. Thon Virak, director of state-owned rice exporter Green Trade, said Tuesday that in the year up to the end of April, 118,500 tons of milled rice had been exported from Cambodia. “It increased by about 43 percent compared with the same period [last year],” Mr. Virak said. Cambodia traditionally exports a large proportion of its rice crop as unprocessed paddy to Thailand and Vietnam, where it is milled and often re-exported. The government has targeted an increase to 1 million tons a year-compared with only about 200,000 tons last year-by 2015, and investment in rice mills has been stepped up to meet the goal. …

http://www.cambodiadaily.com/business/milled-rice-exports-rise-in-first-four-months-22826/