Cambodia could benefit more from trade in the Greater Mekong Subregion (GMS) by implementing time and cost, cutting measures and removing constraints on exports, according to a new book by the Asian Development Bank. …
During a media briefing yesterday, Brimble [senior country economist and author of one of the book chapters] said logistics costs in Cambodia were high compared to other countries in the region. Using the GMS Southern Economic Corridor, which links Bangkok, Phnom Penh and Ho Chi Minh City, as a case study, he identified factors contributing to higher costs and delays in cross-border trade.
According to the news release, transport costs in Cambodia are US$9 per tonne per 100 kilometer from Bangkok to Phnom Penh and $13 per tonne per 100 kilometers from Phnom Penh to Ho Chi Minh City, compared to $6 in Thailand and $7 in Vietnam. …
Anne Renzenbrink, P. 8
Cambodia’s rice exports in 2012 may fall significantly compared to last year, due to high fuel prices, soaring logistics costs and high prices.
According to local sources, Cambodian rice shipments to Europe this month are at a $200 markup per container over those from Thailand and Vietnam. …
Oryza News Staff
Rapidly increasing logistics costs and low regional rice prices would hinder Cambodia’s rice-export target this year, with one expert saying that milled-rice exports could fall to half of last year’s shipments.
The cost of shipping rice to Europe climbed by more than 50 per cent between February and April, and have continued to rise, experts said.
While logistics costs for regional rice producers have also increased on rising fuel prices, Cambodian rice reached Europe this month at a US$200 markup per shipping container over those from Thailand and Vietnam. …
Don Weinland, P. 7