Cambodia's banana exports fell by 12%, and 89.93% were exported to China

Published Jan 3, 2023

Tridge summary

The Cambodian Ministry of Agriculture, Forestry and Fisheries has reported a decrease in fresh banana exports from January to October 2022, with a total of 325,859.72 tons exported, marking an 11.79% decrease from the previous year. The majority of these exports, 89.93%, were to China, seeing a year-on-year decrease of 9.33%. Exports to Vietnam and Japan also declined by 27.39% and 99.98% respectively. This decrease is primarily due to China's epidemic prevention policy affecting the movement of people and goods. However, Hun Lak, head of Longmate Agriculture Co Ltd, remains optimistic, believing that the Chinese market will reopen and lead to an improvement in banana exports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Recently, the Cambodian Ministry of Agriculture, Forestry and Fisheries released a report showing that from January to October 2022, Cambodia exported a total of 325,859.72 tons of fresh bananas, a year-on-year decrease of 11.79%, of which 89.93% were exported to China. Statistics show that from January to October, Cambodian bananas were only exported to 3 countries, of which 293,060.39 tons were exported to China, a year-on-year decrease of 9.33%; 32,799.23 tons were exported to Vietnam, a year-on-year decrease of 27.39%; 0.1 tons were exported to Japan, a year-on-year decrease of 99.98%. Hun Lak, head of Longmate Agriculture Co Ltd, a Cambodian banana plantation and export company, said that the main reason for the decline in exports to China is that China’s epidemic prevention policy restricts the movement of people and goods, and the recommended standards are also stricter. Although China has relaxed control, Banana exports are still in trouble, and fresh mangoes are also in ...

Source: Guojiguoshu