Trade

Cambodia’s garment product exports contracted in the first quarter financial period as hundreds of factories remained closed temporarily because of COVID-19 in Phnom Penh and Takmao city, Kandal province. ...

Cambodia exported $2.09 billion worth of agricultural products to the international market during the first quarter 2021, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...

Cambodia’s milled rice exports from January to April of 2021 were down 36 percent from the same period in 2020, according to a report issued by the Ministry of Agriculture, Forestry, and Fisheries (MAFF). ...

Amid the raging COVID-19 pandemic, Cambodia’s economy in 2020 registered its slowest growth since 1994. However, the country’s growth is projected to rebound this year, thanks to its newly-signed bilateral free trade agreement with China and the Regional Comprehensive Economic Partnership (RCEP).   ...

China has allowed Cambodia to export fresh mangoes directly to its market after Chinese Customs on April 26 certified 37 mango plantations and five packaging factories as compliant with phytosanitary and packaging standards. ...

The formal signing of the Cambodia-South Korea Free Trade Agreement (CKFTA), scheduled for mid-year, will be postponed due to disruptions from the Covid-19 outbreak stemming from the February 20 community incident, according to a spokesman for the Ministry of Commerce. ...

Cross-border trade between Cambodia and Thailand remains busy as usual despite ongoing lockdowns in parts of both countries to combat the spread of Covid19 in their respective communities, according to senior provincial officials. ...

The Ministry of Commerce urged producers and exporters to continue applying for certificates of origin (CO) despite transport and logistics issues stemming from the ongoing lockdown in Phnom Penh and Takhmao town. ...

Cambodia exported $99.07 million worth of merchandise to South Korea in the first quarter of 2021, marking a marginal increase of more than five per cent from $93.85 in January-March of last year despite the ongoing Covid-19 pandemic, according to data from the Korea International ...

The global Covid-19 pandemic caused the value of imported cars to Cambodia in 2020 to drop to nearly $1.1 billion, a decrease of more than 36 per cent compared to 2019, according to a report issued by the Ministry of Commerce. ...

New figures paint a poor picture of exports for Cambodia, highlighting the debilitating effects of COVID-19 on trade. One reason is a massive increase of up to five times in the cost of shipping combined with a shortage of available containers. ...

Yields for this year’s dry-season crops, especially rice, increased significantly in the first quarter of 2021, though exports decreased compared to the same period last year, according to the Ministry of Agriculture, Forestry and Fisheries. ...

The Ministry of Commerce is working to establish more trade centres in China with the aim of promoting Cambodian products and boosting Khmer exports to China. ...

Cambodia exported $755.34 million worth of electrical equipment and electronic components to international markets in 2020, up 31.49 per cent compared to $574.44 million in 2019, according to the Ministry of Commerce. ...

A long-awaited Geographical Indication (GI) certificate handover ceremony for “Mondulkiri wild honey” scheduled for April 6 was postponed in light of the February 20 community transmission. ...

The Kingdom’s remains bogged down in efforts to officially export edible bird’s nest to China, according to a senior official at the Ministry of Agriculture, Forestry and Fisheries on April 1. ...

An official from the Ministry of Commerce said the Regional Comprehensive Economic Partnership Agreement (RCEP) will definitely open up opportunities for Cambodia. He was speaking in response to a report released by the United Nations Conference on Trade and Development (UNCTAD) citing potential serious negative ...

Thirty-one Cambodian tariff lines – mostly agricultural products – now carry the zero rate to neighbouring Vietnam for 2021-2022, the Ministry of Commerce announced on March 25. ...

Minimal disruption to production chains and booming demand is sweet news for suppliers of geographical-indication- (GI) certified palm sugar. According to Saroeun, members can produce 250 tonnes of the commodity per season in December-May. He said KSPSPA’s 10 member companies exported a total of 70 ...

The price of Cambodian milled rice on the international market has seen a slight uptick in the first quarter of this year from end-2020. ...

Cambodia and Thailand agreed to reopen three regional border checkpoints in Battambang province on March 23 to facilitate trade. ...

Vietnam extended its 3,000-tonne duty-free quota for Cambodian dried tobacco leaves for 2021 to meet market demand, Ministry of Commerce spokesman Seang Thay confirmed to The Post on March 23. ...

Cambodia exported more than 5.8 thousand tonnes of dried tobacco leaves worth more than $17 million to nine countries last year, marking a 14 per cent and 28 per cent decline in volume and value, respectively, over 2019. ...

Data from the Korean International Trade Association showed that during January and February Cambodia exported about $64 million of products to the east Asian country, an increase of over 2.9 percent compared with the same period last year. ...