Cambodia’s Cassava Exports Soar in Q1, Exceeding US$285 Million

Cambodia’s cassava exports have jumped in the first quarter of 2021, reaching more than US$285 million. The data released by the Ministry of Agriculture, Forestry and Fisheries show that the export of cassava has increased over 136% compared to the previous year.

Cambodia’s Cassava Exports Reach New Heights

The sharp increase in Cambodia’s cassava exports can be attributed to the country’s initiatives to promote cassava growing as part of its diversification of agricultural exports. The government has also invested in infrastructure and provided technical assistance to farmers to increase productivity.

Cambodia’s Cassava: the Benefits and Uses

Cassava is a staple crop in Cambodia, with a long history of cultivation in the country. The root vegetable is a rich source of carbohydrates, and its leaves are high in protein, vitamins, and minerals. Cassava is also versatile in its uses and can be consumed boiled, steamed, fried, or made into flour for baking. Additionally, cassava chips and starch are used in the manufacturing of paper, textiles, and pharmaceuticals.

Cambodia’s Cassava Industry: Growth Prospects and Future Plans

The Cambodian government plans to continue its support for the cassava industry to expand its production and increase its export markets. Cambodia is also looking to diversify its uses of cassava by developing new end-products to boost the value of the crop. Some of the agricultural industries the government is considering are biofuels and renewable energy sources.

The Impact of Cambodia’s Cassava Exports on the Economy

The surge in Cambodia’s cassava exports has had a positive impact on the country’s economy, creating more job opportunities for farmers and processing plants. The increase in demand for cassava has also led to higher prices for the crop, signaling a promising future for Cambodia’s agricultural sector.

Hashtags: #CambodiaCassavaExports #AgriculturalExports #CambodianEconomy #CassavaBenefits #CambodianAgriculture

Summary: The rise in Cambodia’s cassava exports in Q1 2021 has exceeded US$285 million, over 136% from the previous year, and can be attributed to the government’s initiatives and support for the country’s agricultural sector. The versatile crop has a long history of cultivation in Cambodia and its benefits and uses are being explored by the government to expand its production and explore new markets in various industries, while creating more job opportunities and a positive impact on the country’s economy. #NEWS