Trade
Exports
Corn industry maintains hope for rebound amid plummeting prices
Total corn exports dropped by more than 40 per cent on 2018 due to last year’s drought and pest damage, industry insiders said. Ministry of Agriculture, Forestry and Fisheries data showed that last year the Kingdom exported 119,993 tonnes of red corn – down 41.23 ...
Hin Pisei
https://www.phnompenhpost.com/business/corn-industry-maintains-hope-rebound-amid-plummeting-prices
Kingdom exports 157K tonnes of bananas
The export of yellow bananas to international markets last year reached 157,812 tonnes, most of which was exported to China and the rest to Vietnam and Japan, a Ministry of Agriculture, Forestry and Fisheries report showed. There is no data on 2018 banana exports to ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-exports-157k-tonnes-bananas
As rice exports to EU drop, dealers are reducing prices due to tariffs
Government data showed that Cambodia’s rice exports to the European Union had dropped by 30 percent in 2019, after the economic bloc imposed tariffs at the start of last year. Ministry of Agriculture data showed that rice exports dropped from 300,000 tons in 2018 to around ...
Rubber exports grow nearly 24% last year
The Kingdom’s rubber exports saw a 24 per cent increase over the first 11 months of last year compared to the same period in 2018, data from the General Directorate of Rubber obtained by The Post on Tuesday showed. Pol Sopha, the director-general of the ...
Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-grow-nearly-24-last-year
Exporter urges Kampot pepper farmers to focus on quality
An exporter has asked farmers to focus on producing high-quality pepper by following strict standards to strengthen demand for their products abroad. According to the Kampot Pepper Promotion Association, 50 percent of Kampot pepper is exported to the EU, while 30 percent is consumed internally. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50673130/exporter-urges-kampot-pepper-farmers-to-focus-on-quality
Cambodian rice set for export to South Africa
Milled rice exporter Mekong Oryza Trading Co Ltd signed an export memorandum of understanding (MoU) with companies from Hong Kong and South Africa in Phnom Penh on Tuesday. The agreement was inked between Mekong Oryza Trading, Hong Kong-based Zhonghui Taifu International Co Ltd and South African-based ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodian-rice-set-export-south-africa
Kingdom’s rice sector faces lack of capital
A lack of working capital has remained a challenge for the Kingdom’s rice industry and has impeded rice export growth for years, industry insiders said. The comments were made at a meeting between the state-owned Rural Development Bank (RDB) and the Cambodia Rice Federation (CRF) on ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-rice-sector-faces-lack-capital
Rice exports to China still under last year’s quota: CRF
China has not yet purchased milled rice from Cambodia for the period 2019-2020, with the country still trying to fulfill its quota for the year 2018. Kao Thach, CEO of Rural Development Bank (RDB), told Khmer Times that Cofco – China’s largest food processor, manufacturer and trader ...
Sok Chan
https://www.khmertimeskh.com/50664440/rice-exports-to-china-still-under-last-years-quota-crf/
FTA with South Korea would improve Cambodia’s competitiveness: exporters
Cambodian exporters are hopeful that a free trade agreement with South Korea will boost trade between the nations and attract more investment into the Kingdom. Chang Hoon Lee, managing director of Korean exporter Hyundai Agro, said the move is a positive development. A free-trade pact ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50664297/fta-with-south-korea-would-improve-cambodias-competitiveness-exporters/
Garment, travel goods exports will stay strong, says minister
Minister of Commerce Pan Sorasak on Thursday expressed his optimism that garment, textile, footwear and travel goods exports will continue to enjoy strong growth over the next few years. He cited better working conditions and labour compliance as the main drivers of the Kingdom’s industrial ...
Garment, textile, footwear exports nearly $8B in Q1-Q3
Cambodia exported more than $7.97 billion worth of garment, textile and footwear (GTF) products in the first nine months of this year, up 13.18 per cent year-on-year from $7.044 billion, a report from the Ministry of Economy and Finance’s General Department of Customs and Excise ...
Thou Vireak
https://www.phnompenhpost.com/business/garment-textile-footwear-exports-nearly-8b-q1-q3
China’s rice imports from Kingdom on the rise
China imported 40 percent more rice from Cambodia from January to October this year over the same period last year, according to government data. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50659992/chinas-rice-imports-from-kingdom-on-the-rise/
Cambodian exports to Japan up 8.4 per cent year-on-year
Cambodia exported more than $1.2 billion of products to the Japanese market in the first nine months of this year, up 8.4 per cent on the same period last year, data from the Japan External Trade Organisation (Jetro) shows. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodian-exports-japan-84-cent-year-year
China a market for fragrant rice
Cambodia is campaigning to boost its luxury fragrant rice exports to China, the world’s largest market, said Cambodia Rice Federation (CRF) vice-president Chan Sokheang on Thursday. Sokheang told The Post on Thursday that the CRF plans to achieve the quota that China provided Cambodia – ...
Hin Pisei
https://www.phnompenhpost.com/business/china-market-fragrant-rice
Kingdom will export one million tonnes of rice by 2022, says CRF
The Cambodia Rice Federation (CRF) has committed to raising the Kingdom’s rice exports to one million tonnes by 2022, its president Song Saran said on Wednesday. The comment was made at the Strategic Plan 2020-2023 Consultation Workshop, which was attended by CRF members, ministry representatives, ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-will-export-one-million-tonnes-rice-2022-says-crf
Export of fishery products sinks in first nine months
Cambodia exported 10,980 tonnes of fishery products in the first nine months of this year – down 0.5 per cent from the same period last year – a Ministry of Agriculture, Forestry and Fisheries report said. The Kingdom exported 7,000 tonnes of fresh fish (60 ...
Hin Pisei
https://www.phnompenhpost.com/business/export-fishery-products-sinks-first-nine-months
Kingdom’s rice exports rise 2%
Cambodian rice exports in the first nine months of the year rose two per cent year-on-year, led by the Chinese market, a Cambodia Rice Federation (CRF) report said. Rice exports to China increased more than 44 per cent, the report said, while exports to the ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-rice-exports-rise-2
Cambodia-US Trade Volume Reaches $3B in First Semester of 2019
Within the first seven month of 2019, Cambodia-US trade volume has reached over USD 3 billion, an increase of 29 percent compared to the same period in 2018, which was USD 2.3 billion. ...
Fresh News staff
http://en.freshnewsasia.com/index.php/en/localnews/15347-2019-09-18-04-42-45.html
Ministry reveals informal rice export figures
In the first eight months of the year, Cambodia exported 1.6 million tonnes of paddy rice to neighbouring Vietnam through informal channels, a recent report from the Ministry of Agriculture revealed. That figure is significantly higher than the total amount of milled rice shipped abroad through ...
Chea Vannak
https://www.khmertimeskh.com/50640842/ministry-reveals-informal-rice-export-figures/
Cambodia's garment manufacturers group urges EU to maintain EBA for Cambodia
The Garment Manufacturers Association in Cambodia (GMAC) has urged the European Union (EU) to maintain the Everything But Arms (EBA) trade preferences for Cambodia, according to its statement released to the media on Thursday. The EU started in February the 18-month process that could lead ...
Xiaoxia
http://www.xinhuanet.com/english/2019-08/16/c_138313126.htm
ILO: Cambodia’s footwear sector ripe for investment
Cambodia’s footwear sector will provide more opportunities for investment and production than the garment sector due to significant growth over the last five years, said an International Labour Organisation (ILO) research bulletin on Cambodia’s garment, textile, and footwear (GTF) industry. The bulletin said the footwear ...
Thou Vireak
https://www.phnompenhpost.com/business/ilo-cambodias-footwear-sector-ripe-investment
Exports to US soar in H1
Cambodia’s shipments to the world’s largest market grew by 30 percent from January to June, the data show. $2.24 billion worth of Cambodian goods were purchased by the US. ...
Chea Vannak
https://www.khmertimeskh.com/50630230/exports-to-us-soar-in-h1/
‘Focusing on fragrant rice will help meet export target to Indonesia’
Cambodia can meet its 100,000 tonne annual export target to Indonesia if more focus is placed on fragrant rice, exporters have said. In 2012, Cambodia signed a memorandum of understanding (MoU) to export 100,000 tonnes of rice to Indonesia annually, but the target was never ...
Hin Pisei
https://www.phnompenhpost.com/business/focusing-fragrant-rice-will-help-meet-export-target-indonesia
Cambodia seeks to export rice to Africa through Korean firms
Cambodia plans to export rice to African markets through South Korean companies, as its EU market share showed signs of drop in the first half of this year. In addition to the Chinese market, the Cambodia Rice Federation (CRF) expects exports to Africa to help ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-seeks-export-rice-africa-through-korean-firms