PHNOM PENH-December 18, 2023: Cambodian cashew nuts are poised for a boost in popularity, as Japanese companies have expressed their intention to significantly increase imports of the delicious snack.
This news comes from a recent meeting between H.E. Imamura Masahiro, Chairperson of the Japan-Cambodia Parliamentary Friendship Association, and Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet.
The meeting took place in Tokyo on the sidelines of the ASEAN-Japan Commemorative Summit, marking the 50th anniversary of ASEAN-Japan relations. During the discussions, Mr. Imamura conveyed not only Japan’s interest in importing more Cambodian cashew nuts but also peppercorns. This focus on agricultural products highlights the potential for even stronger economic ties between the two nations.
Mr. Imamura also discussed the ongoing efforts of the Japan-Cambodia Parliamentary Friendship Association and its collaboration with the Royal Embassy of Cambodia in Japan. These joint initiatives aim to solidify the relationship between the two countries, particularly in crucial areas like agriculture, healthcare, energy, mining, and UXO clearance.
Expressing his appreciation for the strong bond between Cambodia and Japan, Prime Minister Hun Manet emphasized the significance of the year 2023. It marks not only the 70th anniversary of diplomatic relations between the two nations but also the elevation of their bilateral ties to the level of a comprehensive strategic partnership.
Recognizing the importance of maintaining and nurturing this exceptional relationship, Prime Minister Hun Manet reiterated the commitment of the Cambodian government to further strengthen cooperation with Japan in various sectors.
Cambodia exported more than 610,000 tons of raw cashew nuts worth $831 million in the first 10 months of 2023, down nearly 16.7% from the same period in 2022, according to data from the Cashew Nut Association of Cambodia.
The average price of dried cashew nuts is $1,658 per ton, according to the Cambodian Cashew Association. For October, dried seeds cost 7,000 to 7,500 riel per kilogram or $1,900 per tonne.
