diff --git a/cpp/src/io/parquet/compact_protocol_reader.cpp b/cpp/src/io/parquet/compact_protocol_reader.cpp
index a3b58347e20..c9212334a96 100644
--- a/cpp/src/io/parquet/compact_protocol_reader.cpp
+++ b/cpp/src/io/parquet/compact_protocol_reader.cpp
@@ -763,13 +763,16 @@ void CompactProtocolReader::read(Statistics* s)
 {
   using optional_binary = parquet_field_optional<std::vector<uint8_t>, parquet_field_binary>;
   using optional_int64  = parquet_field_optional<int64_t, parquet_field_int64>;
+  using optional_bool   = parquet_field_optional<bool, parquet_field_bool>;
 
   auto op = std::make_tuple(optional_binary(1, s->max),
                             optional_binary(2, s->min),
                             optional_int64(3, s->null_count),
                             optional_int64(4, s->distinct_count),
                             optional_binary(5, s->max_value),
-                            optional_binary(6, s->min_value));
+                            optional_binary(6, s->min_value),
+                            optional_bool(7, s->is_max_value_exact),
+                            optional_bool(8, s->is_min_value_exact));
   function_builder(this, op);
 }
 
diff --git a/cpp/src/io/parquet/compact_protocol_writer.cpp b/cpp/src/io/parquet/compact_protocol_writer.cpp
index 2174fe46663..14c99f728de 100644
--- a/cpp/src/io/parquet/compact_protocol_writer.cpp
+++ b/cpp/src/io/parquet/compact_protocol_writer.cpp
@@ -202,6 +202,8 @@ size_t CompactProtocolWriter::write(Statistics const& s)
   if (s.distinct_count.has_value()) { c.field_int(4, s.distinct_count.value()); }
   if (s.max_value.has_value()) { c.field_binary(5, s.max_value.value()); }
   if (s.min_value.has_value()) { c.field_binary(6, s.min_value.value()); }
+  if (s.is_max_value_exact.has_value()) { c.field_bool(7, s.is_max_value_exact.value()); }
+  if (s.is_min_value_exact.has_value()) { c.field_bool(8, s.is_min_value_exact.value()); }
   return c.value();
 }
 
diff --git a/cpp/src/io/parquet/page_enc.cu b/cpp/src/io/parquet/page_enc.cu
index 227f13db60e..11b18579c58 100644
--- a/cpp/src/io/parquet/page_enc.cu
+++ b/cpp/src/io/parquet/page_enc.cu
@@ -2944,6 +2944,9 @@ __device__ uint8_t* EncodeStatistics(uint8_t* start,
     auto const [min_ptr, min_size] =
       get_extremum(&s->min_value, dtype, scratch, true, NO_TRUNC_STATS);
     encoder.field_binary(6, min_ptr, min_size);
+    // cudf min/max statistics are always exact (i.e. not truncated)
+    encoder.field_bool(7, true);
+    encoder.field_bool(8, true);
   }
   encoder.end(&end);
   return end;
diff --git a/cpp/src/io/parquet/parquet.hpp b/cpp/src/io/parquet/parquet.hpp
index fe9b6ead6d4..756726945cf 100644
--- a/cpp/src/io/parquet/parquet.hpp
+++ b/cpp/src/io/parquet/parquet.hpp
@@ -259,6 +259,10 @@ struct Statistics {
   thrust::optional<std::vector<uint8_t>> max_value;
   // min value for column determined by ColumnOrder
   thrust::optional<std::vector<uint8_t>> min_value;
+  // If true, max_value is the actual maximum value for a column
+  thrust::optional<bool> is_max_value_exact;
+  // If true, min_value is the actual minimum value for a column
+  thrust::optional<bool> is_min_value_exact;
 };
 
 /**
diff --git a/cpp/tests/io/parquet_writer_test.cpp b/cpp/tests/io/parquet_writer_test.cpp
index e88afd73290..3a8763ed9f3 100644
--- a/cpp/tests/io/parquet_writer_test.cpp
+++ b/cpp/tests/io/parquet_writer_test.cpp
@@ -903,6 +903,12 @@ TEST_F(ParquetWriterTest, CheckColumnIndexTruncation)
       ASSERT_TRUE(stats.min_value.has_value());
       ASSERT_TRUE(stats.max_value.has_value());
 
+      // check that min and max for the column chunk are exact (i.e. not truncated)
+      ASSERT_TRUE(stats.is_max_value_exact.has_value());
+      EXPECT_TRUE(stats.is_max_value_exact.value());
+      ASSERT_TRUE(stats.is_min_value_exact.has_value());
+      EXPECT_TRUE(stats.is_min_value_exact.value());
+
       // check trunc(page.min) <= stats.min && trun(page.max) >= stats.max
       auto const ptype = fmd.schema[c + 1].type;
       auto const ctype = fmd.schema[c + 1].converted_type;