China is a huge potential market for Cambodian agricultural products, not only for fresh bananas but also for rice, cassava, mango and longan. Cambodia formally shipped its first harvest of fresh bananas to China in May 2019.
According to Wu Fuxiang of investing firm Nong Ye Fazhan Co. Ltd., the company has invested more than US$16 million in 2021 on 600 hectares of land and the plantation is fully farmed now. To respond to the growing demand for the fruit export, his company will expand its plantation, he stated. The company currently employs some 20 Chinese employees and more than 1,200 Cambodian workers.
In the first eleven months of 2022, Cambodia exported a total of 345,470 tons of fresh bananas, down 12.73 percent from the same period in 2021, according to Ministry of Agriculture, Forestry, and Fisheries.
Source: khmertimeskh.com