It has its market in mind… Cambodia is preparing to invade Iraq with rice exports

by times news cr

⁤ 2023-12-05T09:59:23+00:00

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The Cambodian newspaper “Phnom Penh” reported ⁣that⁣ Iraq is among the most​ prominent markets that Cambodia is ‌looking to in⁤ order to⁤ enhance its rice exports to it.

The ‌Cambodian newspaper quoted ⁤Cambodian State Minister​ Yang ⁣Saeng⁣ Kuma as saying that in addition to China and the European Union, which are⁣ the largest rice import markets in the​ world, Iraq, Indonesia ‍and the Philippines are ⁣strengthening their ‌position as emerging target markets for⁤ Cambodian rice‌ exports.

According to government ‍statistics on December 3, the largest importers of rice are China, the Philippines, the European Union, Iraq, Nigeria,⁤ Indonesia, and⁤ then Vietnam.

The Cambodian official ⁢explained, “We are ⁢now marketing in the Philippines‌ and Indonesia, and Iraq⁣ may be our target market in ⁢the⁤ future,”⁢ noting that India is the​ largest importer⁣ of rice, followed by Thailand and Vietnam, while⁤ Cambodia ranks eighth.

The⁣ report⁣ quoted Saeng Kuma as saying that ‌the Kingdom of⁤ Cambodia seeks to ⁤achieve the goal of exporting one million ⁢tons of rice annually and ranking fifth in the world.

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