Cambodian banana exports surge nearly 30% on high demand from China

Cambodia exported 423,168 tonnes of fresh bananas in 2021, a year-on-year increase of 27 per cent, The Phnom Penh Post cited data from the country’s agriculture ministry.

China imported the vast majority of Cambodia’s bananas at 376,962 tonnes last year, while Vietnam was the second largest market with 45,193 tonnes, followed by Japan with 533 tonnes and Singapore with 480 tonnes.

The banana trade with China has not been as affected by the Covid-19 pandemic compared with other major regional banana suppliers such as Vietnam, the ministry said.

Banana boom gets noticed by potential investors

Agriculture minister Veng Sakhon noted that demand in China was boosting Cambodia’s export growth and raised considerable interest from investors. However, the main obstacle to a further expansion of Cambodia’s banana fields was lack of available water.

“We’ve been seeking out suitable lands to grow bananas to expand the cultivation area, which would allow us to export millions of tonnes to China someday,” Sakhon was quoted as saying, noting that China has a market demand of 12 million tonnes of bananas per year.

The boom in banana exports to China has also been helped by the approval of China’s custom authorities to allow 22 private companies to export fresh yellow bananas to the Chinese market, up from initially six.

More than 8,000 hectares of banana fields

Currently, there are 15 registered banana plantations in Cambodia, partly backed by Chinese investments, spanning over more than 8,000 hectares. The three largest banana farms are located in the northeastern Ratanakkiri and Kratie provinces and in southern Kampot province, respectively, and have a total area of nearly 5,000 hectares. Most recently, there have been investments by a private agricultural firm in the cultivation of bananas and fruits in the country’s northern Anlong Veng district.

The harvested bananas are handled by 21 packaging factories, which the ministry says has greatly improved the processing capacity, production, export patterns and competition of banana crops from Cambodia.



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Cambodia exported 423,168 tonnes of fresh bananas in 2021, a year-on-year increase of 27 per cent, The Phnom Penh Post cited data from the country's agriculture ministry. China imported the vast majority of Cambodia’s bananas at 376,962 tonnes last year, while Vietnam was the second largest market with 45,193 tonnes, followed by Japan with 533 tonnes and Singapore with 480 tonnes. The banana trade with China has not been as affected by the Covid-19 pandemic compared with other major regional banana suppliers such as Vietnam, the ministry said. Banana boom gets noticed by potential investors Agriculture minister Veng Sakhon noted...

Cambodia exported 423,168 tonnes of fresh bananas in 2021, a year-on-year increase of 27 per cent, The Phnom Penh Post cited data from the country’s agriculture ministry.

China imported the vast majority of Cambodia’s bananas at 376,962 tonnes last year, while Vietnam was the second largest market with 45,193 tonnes, followed by Japan with 533 tonnes and Singapore with 480 tonnes.

The banana trade with China has not been as affected by the Covid-19 pandemic compared with other major regional banana suppliers such as Vietnam, the ministry said.

Banana boom gets noticed by potential investors

Agriculture minister Veng Sakhon noted that demand in China was boosting Cambodia’s export growth and raised considerable interest from investors. However, the main obstacle to a further expansion of Cambodia’s banana fields was lack of available water.

“We’ve been seeking out suitable lands to grow bananas to expand the cultivation area, which would allow us to export millions of tonnes to China someday,” Sakhon was quoted as saying, noting that China has a market demand of 12 million tonnes of bananas per year.

The boom in banana exports to China has also been helped by the approval of China’s custom authorities to allow 22 private companies to export fresh yellow bananas to the Chinese market, up from initially six.

More than 8,000 hectares of banana fields

Currently, there are 15 registered banana plantations in Cambodia, partly backed by Chinese investments, spanning over more than 8,000 hectares. The three largest banana farms are located in the northeastern Ratanakkiri and Kratie provinces and in southern Kampot province, respectively, and have a total area of nearly 5,000 hectares. Most recently, there have been investments by a private agricultural firm in the cultivation of bananas and fruits in the country’s northern Anlong Veng district.

The harvested bananas are handled by 21 packaging factories, which the ministry says has greatly improved the processing capacity, production, export patterns and competition of banana crops from Cambodia.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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