Cambodia sets ambitious targets to boost cashew processing and exports

The government seeks to increase cashew nut production, improve processing capabilities, expand export markets, and simplify trade facilitation initiatives. Through The National Policy on Cashew 2022-2027, Cambodia attempts to establish itself as a major producer and exporter of cashews. By adopting this program, Cambodia is anticipated to increase processing capacity from 5% to 25% by 2027 and to 50% by 2032. More than 90% of Cambodia’s raw cashew nuts are currently exported to neighboring countries for processing into finished products.

Reference: Cambodia sets ambitious targets to boost cashew processing and exports. (2023, August 15). KhmerTime. Retrieved from https://www.khmertimeskh.com/501342976/cambodia-sets-ambitious-targets-to-boost-cashew-processing-and-exports/