A senior official of the Cambodian Cashew Association (CAC) told the Khmer Times that cashew exports are expected to increase significantly in 2025, focusing on the European market.
About 6,000 stores in France have started selling Cambodian cashews in the initial phase.
“I am very confident that cashew exports will increase significantly in 2025 because the factories currently operating are large-scale factories with the capacity to produce for export,” said Suy Kokthean, vice president of the Cambodian Cashew Association.
As a result, overall exports in the cashew sector will see a significant increase in 2025,” he said.
He said the European Union has been encouraging many to promote the export of cashew products, and Cambodia has actively participated in the exhibition in Paris.
Regarding the Vietnamese market, he said Cambodia still maintains contacts and focuses on the country, as Vietnam is the largest buyer of raw cashews from Cambodia at good prices.
“We continue to maintain contacts with Vietnam to sell raw cashews because Cambodia does not yet have sufficient capacity to process them. The next target market is China, as many Chinese investors have recently come to us to buy both raw and processed cashews.”
In addition, CAC has been working hard to collaborate with private companies, focusing on the European market. In particular, the association has been working closely with sellers from Turkey and expects to expand its presence in the Turkish market next year. This was made possible by the association’s representatives and seller groups in Turkey.
Cambodia has produced 850,000 tons of cashews this year, up 26.8 percent, and exported 815,000 tons of cashews, up 31 percent.
In particular, exports to Vietnam remained stagnant at 793,453 tons.
Minister of Commerce Cham Nimman, at the closing ceremony of the conference summarizing the work results of the Ministry of Commerce in 2024 and the work direction for 2025, said that the ministry has continued to negotiate to open new markets by continuing to expand regional, bilateral and multilateral trade agreements and signing memorandums of understanding with key partner countries.
She highlighted that to boost exports and expand the potential of Cambodian products in the international market, the ministry has launched an Export Service Center to provide market information, export procedures and connect suppliers with buyers.
She added that the initiative has helped boost exports of Cambodian products such as rice, dried mangoes and cashew nuts to the European Union market, especially France and the Netherlands.
She continued, “I would also like to inform you that this agreement is implemented in an initial 6,000 locations in France, which is the first phase, and the second phase will expand to thousands more locations in the European Union.”
She noted that the ministry recently facilitated the signing of two memorandums of understanding, including the Cambodian Cashew Association with the Cambodian Hotel Association and the Cambodian Cashew Federation with the Cambodian Hotel Association, at the Ministry of Commerce.
Under these agreements, the Cambodian Hotel Association will place orders for the next three years with a requirement of 250 tons per year.
