Trade

Fresh Cambodian mango exports to China – both direct and overland via Vietnam – have been slammed by a double whammy of fierce price competition with nearby countries and the re-imposition of Covid-19 restrictions in the East Asian nation amid a reported resurgence in coronavirus ...

The largest temperature-controlled cold storage and cross-docking facility in Cambodia – which will be able to handle up to 25 per cent of the Kingdom’s total requirements – has broken ground in Kandal province. ...

Cambodia’s agricultural exports this year have reached 2.82 million tonnes as of March 16, surging by over 22 per cent or about 511,000 tonnes year-on-year.   ...

Bilateral trade between Cambodia and South Korea reached $195.124 million in the first two months of 2022, a 22.762 per cent surge from $158.945 million in January-February 2021, according to data provided by the Korea International Trade Association (KITA) on March 21.   ...

Chinese President Xi Jinping has pledged to increase the country’s imports of milled rice from Cambodia and indicated its willingness to purchase other agricultural products from the Kingdom after a free trade agreement (FTA) came into force. ...

Cambodia and Japan on Sunday agreed to ensure the full implementation of the Regional Comprehensive Economic Partnership (RCEP) free trade agreement for the benefit of all, according to a Cambodia-Japan joint statement. ...

Cambodian Commerce Minister Pan Sorasak said on Monday that the trade deal is a key driver for economic recovery in the participating countries both during and after the pandemic. ...

Cambodia exported $64.5 million worth of goods to South Korea in the first two months of this year, down 0.8 percent compared to the same months in the previous year. ...

Both countries are exchanging views on post-Covid-19 crisis recovery efforts and the progress of Asean’s response to the Covid-19 crisis; ...

Cambodia and the EU have renewed their pledge to enhance bilateral trade and investment ties in spite of the lingering economic fallout from the Covid-19 pandemic. ...

The Regional Comprehensive Economic Partnership will boost Cambodia’s export by 9.4 percent to 18 percent yearly, contributing to up to 3 percent annual economic growth. ...

Cambodia and Australia have reaffirmed their commitment to further boosting trade, investment and cooperation, especially on post-Covid recovery initiatives in all areas, according to the Ministry of Commerce on March 11. ...

Cambodia and the EU have renewed their pledge to enhance bilateral trade and investment ties in spite of the lingering economic fallout from the Covid-19 pandemic. ...

Cambodia recorded an increase in this year’s rice exports for January and February compared to the same period in the previous year. ...

Cambodia’s strategic plan on garment, footwear and travel goods development 2021-2024 will attract more investment and contribute to sustainable development in the sector, Ith Samheng, minister for labour and vocational training, told Okhna Kong Sang, president of Garment Manufacturers Association in Cambodia (GMAC) in Phnom ...

Bilateral trade between Cambodia and the European Union (EU) was valued at 4.5 billion euros ($4.98 billion) in 2021, up 4.6 percent from a year earlier, said a joint press release on Thursday. ...

The Khmer Swiftlet Association (“KSA”) has been recognised by the government as an official platform to support development of the local edible bird’s nest ecosystem, and bolster exports of the woefully untapped commodity, with particular consideration to the Chinese market. ...

A whopping 30 per cent of Cambodian exports of textile-related products in 2021 went to the US, outstripping many major buyers, despite the global battle against Covid-19, according to the Ministry of Labour and Vocational Training on March 7.   ...

The Cambodian Rice Federation (CRF) said the Kingdom exported more than 100,000 tonnes of rice to China as part of the Sixth Memorandum of Understanding, which provides a quota of 400,000 tonnes rice exports from Cambodia to China. ...

Experts have warned that recent growth in garment industry exports may not translate to improved profit margins owing to increased production costs, as the latest industry figures reveal that exports of textile-related products in 2021 increased by over 15 per cent from the year before. ...

The Russia-Ukraine conflict will have no significant influence on Cambodia’s rice exports, according to the Cambodia Rice Federation (CRF). ...

A senior official at the World Economic Forum (WEF) has expressed support for Cambodia’s chairmanship of ASEAN, committing efforts to find ways of helping the Kingdom achieve its goals in the fields of digital commerce and investment facilitation, the Ministry of Commerce said in a ...

Australia has reaffirmed its commitment to furthering business dealings with Cambodia, as data from the commerce ministry revealed that bilateral trade volume between the two countries reached $324.492 million in 2021 – a 52 per cent surge year-on-year despite the ongoing Covid-19 crisis. ...

The Russia-Ukraine war will have no significant influence on Cambodian milled-rice exports, according to the Cambodia Rice Federation (CRF). ...