Economy and commerce
Trade
China-imports 90% of bilateral trade
The Cambodian-Chinese merchandise trade totalled $10.579 billion in the first 11 months of 2022, up 6.31 per cent year-on-year, with imports from China accounting for an 89.51 per cent share, up 3.29 percentage points from the same time in 2021, according to the General Department ...
Hin Pisei
https://www.phnompenhpost.com/business/china-imports-90-bilateral-trade
Robust growth in apparel exports to UK from Cambodia registered
Cambodia’s apparel exports of $758.532 million in the first three quarters of this year have already crossed the total exports of $613.344 million in 2021. At this rate, the exports are likely to touch the $1 billion mark by December 2022. The two countries are ...
Khmer Times Staff
https://www.khmertimeskh.com/501202268/robust-growth-in-apparel-exports-to-uk-from-cambodia-registered/
Cambodia’s exports to world up 18 pct in eleven months
Cambodia exported some $20,457 million worth of goods to the world market in the first eleven months of this year, an increase by 18 percent compared to the same period last year, according to a report of the General Department of Customs and Excise (GDCE) ...
Khmer Times Staff
https://www.khmertimeskh.com/501202310/cambodias-exports-to-world-up-18-pct-in-eleven-months/
Cambodia’s export surges 18% to $20 billion
Cambodia exported $20,457 million worth of goods in the January-November period of this year, an increase of almost 18.1 percent compared to the same period in 2021, according to a report from the General Department of Customs and Excise report yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501201379/cambodias-export-surges-18-to-20-billion/
$3.38 billion worth of oil and gas products imported by Cambodia in first 11 months
Cambodia have imported oil and gas products worth $3.38 billion in the first 11 months of 2022, up almost 58 percent over the same period last year, a report from the General Department of Customs and Excise said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501201457/3-38-billion-worth-of-oil-and-gas-products-imported-by-cambodia-in-first-11-months/
$3.38 billion worth of oil and gas products imported by Cambodia in first 11 months
Cambodia have imported oil and gas products worth $3.38 billion in the first 11 months of 2022, up almost 58 percent over the same period last year, a report from the General Department of Customs and Excise said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501201457/3-38-billion-worth-of-oil-and-gas-products-imported-by-cambodia-in-first-11-months/
Jan-Nov SSEZ import-export volumes surpass $2.2B
The volume of imports and exports of the Sihanoukville Special Economic Zone’s (SSEZ) tenants totalled $2.246 billion in the first 11 months of 2022, marking a 12.24 per cent rise year-on-year from $2.001 billion, statistics provided by the operator indicate. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-nov-ssez-import-export-volumes-surpass-22b
World Bank says Cambodia’s exports to the United States more diversified than to the EU
The World Bank in its Cambodia Economic Update issued earlier this month said that the country’s Cambodia’s exports to the United States are more diversified than those to the EU. ...
Khmer Times Staff
https://www.khmertimeskh.com/501200937/world-bank-says-cambodias-exports-to-the-united-states-more-diversified-than-to-the-eu/
Cambodia’s agricultural commodities target China as a key export destination
China is an increasingly important export destination for Cambodia’s agricultural commodities, thanks to the Cambodia-China Free Trade Agreement (CCFTA), which went into effect on January 1, 2022. ...
Khmer Times Staff
https://www.khmertimeskh.com/501200944/cambodias-agricultural-commodities-target-china-as-a-key-export-destination/
Cambodia’s of apparel to Thailand may rebound after steep fall
Thailand’s apparel imports from Cambodia are likely to rebound during the current year, although they may still not touch pre-COVID levels. ...
Khmer Times Staff
https://www.khmertimeskh.com/501200033/cambodias-of-apparel-to-thailand-may-rebound-after-steep-fall/
DPM Prak Sokhonn says Cambodia-ROK FTA to further enhance healthy bilateral economic cooperation
The Cambodia-Republic of Korea (ROK) Free Trade Agreement that has entered into force on Dec. 1 this year, will further enhance the current healthy bilateral economic cooperation, particularly on trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501198790/dpm-prak-sokhonn-says-cambodia-rok-fta-to-further-enhance-healthy-bilateral-economic-cooperation/
Cambodia eyes food product export to US
The United States has some strict procedures and rules for food export, and Cambodia has the potential to utilise the huge American market for its food export, said experts. ...
Adur Pradeep
https://www.khmertimeskh.com/501196186/cambodia-eyes-food-product-export-to-us/
Rice export boom seen following EU court victory
A marked uptick in Indica rice exports to European markets is expected after Cambodia won a challenge against the European Commission’s (EC) 2019 decision to remove tariff preferences on imports of the rice from the Kingdom for three years, on grounds that the shipments were ...
Hin Pisei
https://www.phnompenhpost.com/business/rice-export-boom-seen-following-eu-court-victory
Cambodia signs deal to export renewable energy to Singapore
Cambodia has inked a deal to explore the possibilities to export renewable energy to Singapore by 2028 as part of its long-term strategy to achieve carbon neutrality by 2050. ...
Prak Chan Thul
https://kiripost.com/stories/cambodia-signs-deal-to-export-renewable-energy-to-singapore
Cambodia wins lawsuit opposing European Commission revoking rice import tariffs
Cambodia has won a legal battle after legally contesting the European Commission’s decision to revoke tariffs on rice imports from the Kingdom. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-wins-lawsuit-opposing-european-commission-revoking-rice-import-tariffs
Economic, trade links between Cambodia and China discussed
Topics pertaining to economic and development cooperation between Cambodia and China came up during the 2nd China-Cambodia Economic and Trade Cooperation Forum held last week. ...
Khmer Times Staff
https://www.khmertimeskh.com/501193961/economic-trade-links-between-cambodia-and-china-discussed/
One million tons rice export target set for next five years
The Kingdom of Cambodia, which is striving to promote the country as a “rice basket” and a major rice exporter, is aiming to ship at least one million tons of rice per year – 2023 onwards – and earn revenue of around $800 million annually ...
Prakash Jha
https://www.khmertimeskh.com/501192888/one-million-tons-rice-export-target-set-for-next-five-years/
Cambodia milled rice export seen increasing
Cambodia is expected to see a remarkable increase in its milled rice export due to the China market, a recovery in demand in the European Union, and the emergence of new markets. ...
Chea Vanyuth
https://www.khmertimeskh.com/501192058/cambodia-milled-rice-export-seen-increasing/
Kingdom’s garment export surges to $7.747 billion
Cambodia registered an 18.51 percent year-on-year increase in apparel export to $7.747 billion in the first ten months of this year. ...
Adur Pradeep
https://www.khmertimeskh.com/501192059/kingdoms-garment-export-surges-to-7-747-billion/
Cambodia-Korea FTA export benefits deliberated
The Ministry of Commerce and the Embassy of the Republic of Korea last Thursday held a workshop on dissemination of the benefits and export procedures to local exporters under the Cambodia-Korean Free Trade Agreement (CKFTA), which is scheduled to come into force next month. ...
Chea Vanyuth
https://www.khmertimeskh.com/501192199/cambodia-korea-fta-export-benefits-deliberated/
Cambodia’s garment exports increases by 18.51% to $7.747 billion in Jan-Oct 2022
The exports of apparel from Cambodia increased by 18.51 per cent year-on-year to $7.747 billion during January-October 2022. This constituted 41.30 per cent of Cambodia’s total foreign income of $18.747 billion during the period under review, according to data from the general department of customs ...
Khmer Times Staff
https://www.khmertimeskh.com/501191842/cambodias-garment-exports-increases-by-18-51-to-7-747-billion-in-jan-oct-2022/
Cambodia to Export 25,000 Tons of Rice to Bangladesh
Cambodia has inked a deal with Bangladesh to export 25,000 tons of rice, with future collaboration in the pipeline. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-to-export-25000-tons-of-rice-to-bangladesh
Cambodian pepper and natural fisheries to be shipped to China
Cambodia will be able to directly export its pepper and natural fisheries to Chinese market, the Embassy of the People’s Republic of China (PRC) in Cambodia said on November 22. ...
Khmer Times Staff
https://www.khmertimeskh.com/501191266/cambodian-pepper-and-natural-fisheries-to-be-shipped-to-china/
Cambodia-Korea FTA to come into force next month
The Ministry of Commerce and the Embassy of the Republic of Korea in Phnom Penh on Thursday co-organised a workshop on dissemination of the benefits and export procedures to local exporters under the Cambodia-Korea Free Trade Agreement (CKFTA). ...
Khmer Times Staff
https://www.khmertimeskh.com/501191231/cambodia-korea-fta-to-come-into-force-next-month/