Saudi Arabia Looks to Cambodia to Diversify Rice Imports
The initiative, Asharq Al-Awsat has learned, is part of broader government efforts to expand the availability of high-quality rice alongside existing imports from countries like India, Pakistan, the United States, Egypt, and others.
Rice is a staple food in Saudi households and across the Gulf region. Rising demand, coupled with global challenges such as high shipping costs and climate-related disruptions, has led to fluctuations in supply and pricing. In response, the Kingdom is now looking to Phnom Penh to ensure consistent supply and greater price stability of this essential commodity.
Cambodia has built a strong reputation for producing premium-grade rice. It has been named the producer of the 'World's Best Rice' six times, most recently at the International Rice Conference held in Manila.
The country exports around 63 percent of its rice production, which totals nearly 12 million tons annually. Agriculture remains a top priority for the Cambodian government, which is actively working to increase production and expand access to global markets.
Following the visit by Cambodia's Minister of Commerce to Riyadh in February, Saudi Arabia's General Authority for Foreign Trade has begun coordinating with the private sector to facilitate Cambodian rice imports. Discussions include inviting Saudi companies to visit Cambodian farms to explore supply chain opportunities and assess product quality.
Currently, per capita rice consumption in Saudi Arabia stands at approximately 45.8 kilograms annually and is projected to rise to 50 kilograms in the coming years. Rice plays a vital role in the national diet and is central to many traditional dishes.
Saudi Arabia's broader food security strategy includes the establishment of a dedicated General Food Security Authority and the rollout of national strategies targeting agriculture, water, and environmental sustainability.
Over the past five years, agricultural investment financing has grown by 1,000 percent, and loans to the sector reached nearly 7 billion riyals ($1.8 billion) in 2022.
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