Economy and commerce
Trade
Non-rice agricultural product export nets $3.16 Billion in 2021
Cambodia exported some 5.18 million tonnes of non-rice agricultural products in 2021, a 48.14 percent increase compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501000187/non-rice-agricultural-product-export-nets-3-16-billion-in-2021/
Non-rice agricultural product export nets $3.16 Billion in 2021
Cambodia exported some 5.18 million tonnes of non-rice agricultural products in 2021, a 48.14 percent increase compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501000187/non-rice-agricultural-product-export-nets-3-16-billion-in-2021/
Cambodia-UK trade recorded at more than $600 million in first ten months
Bilateral trade exchange between Cambodia and the United Kingdom reached some $645 million in the first ten months of this year, a decline of 13 percent compared to the same period in 2020. ...
Khmer Times Staff
https://www.khmertimeskh.com/50998427/cambodia-uk-trade-recorded-at-more-than-600-million-in-first-ten-months/
Cambodia-U.S. trade reaches over $6 billion in first ten months
Bilateral trade between Cambodia and the United Sates was valued at about $6.35 billion in the first ten months of 2021, a year-on-year increase of 40 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/50997852/cambodia-u-s-trade-reaches-over-6-billion-in-first-ten-months/
Rough gemstone import-export down 45%
Cambodia has issued 36 certificates for the import and export of a total of $24 million worth of precious and industrial-grade rough gemstones in 2021, down by 45 per cent from $43.7 million in 2020, covered by 45 permits, according to Ministry of Commerce data. ...
Hin Pisei
https://www.phnompenhpost.com/business/rough-gemstone-import-export-down-45
EU trade safeguards on rice expire January 18
Cambodia is set to enjoy a considerable boost in milled-rice exports to the EU next year after safeguard measures imposed by the European Commission (EC) expire at the onset of January 18. ...
May Kunmakara
https://www.phnompenhpost.com/business/eu-trade-safeguards-rice-expire-january-18
Agriculture ministries talk cross-border cooperation
Cambodia and Vietnam have negotiated an agreement on agriculture to strengthen import-export controls and prevent the illegal cross-border timber and wildlife trade, among other issues, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/agriculture-ministries-talk-cross-border-cooperation
Non-gold goods trade exceeds $29B
Cambodia’s global non-gold goods trade topped $29 billion in the first three quarters of 2021, increasing by around a quarter year-on-year, the Ministry of Economy and Finance reported. ...
Hin Pisei
https://www.phnompenhpost.com/business/non-gold-goods-trade-exceeds-29b
South Korea trade nearly $870M in Jan-Nov
Bilateral trade between Cambodia and South Korea reached $869.735 million in the first 11 months of 2021, an 8.805 per cent surge from $799.354 million in the same period last year, according to data from the Korea International Trade Association (Kita) posted at the weekend. ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korea-trade-nearly-870m-jan-nov
Banking and financial institutions disbursed $44.9 billion in loans, an increase of 23 percent
The National Bank of Cambodia (NBC) said that at the end of the third quarter of 2021, banking and financial institutions provided loans totaling 185.1 trillion riels or about $44.9 billion to agriculture, construction, manufacturing, services, wholesale and retail trade and household units. This accounted ...
Khmer Times Staff
https://www.khmertimeskh.com/50992206/banking-and-financial-institutions-disbursed-44-9-billion-in-loans-an-increase-of-23-percent/
Fabric imports for garment industry rises to $3.5 billion in first nine months of the year
The garment sector in Cambodia has shown good performance in terms of production, exports and growth in orders, while the import of fabrics for garment production increased by more than 25%. ...
Khmer Times Staff
https://www.khmertimeskh.com/50988017/fabric-imports-for-garment-industry-rises-to-3-5-billion-in-first-nine-months-of-the-year/
Low production, campaigns burn tobacco exports
Cambodia exported 4,294.05 tonnes of tobacco in the first 11 months of 2021, dipping by 24.42 per cent year-on-year, of which 98.108 per cent was exported to Vietnam, according to Ministry of Agriculture, Forestry and Fisheries data. ...
Hin Pisei
https://www.phnompenhpost.com/business/low-production-campaigns-burn-tobacco-exports
WTO help sought in LDC exit
Cambodia has asked the World Trade Organisation (WTO) to support a comprehensive study of its exit strategy from the group of the least developed countries (LDC), the Ministry of Commerce reported on December 6. ...
Hom Phanet |
https://www.phnompenhpost.com/business/wto-help-sought-ldc-exit
China set to open gates for Cambodian ‘pra’ fish exports
China will import “pra” fish from Cambodia in the near future, once technical experts study and assess sanitary and other associated risks in virtual inspections and give the all-clear, Chinese ambassador to Cambodia Wang Wentian affirmed on December 6. ...
Hom Phanet
https://www.phnompenhpost.com/business/china-set-open-gates-cambodian-pra-fish-exports
Bilateral trade with Japan up 12% to nearly $2B in Jan-Oct
Standing as one of the largest economies in Asia, Japan is quickly becoming a prime market for Cambodian goods. Even with both economies embroiled in the Covid-19 crisis, bilateral trade managed to reach $1.96424 billion in the first 10 months of 2020, climbing by 12.2 ...
May Kunmakara
https://www.phnompenhpost.com/business/bilateral-trade-japan-12-nearly-2b-jan-oct
Ministry, Korea seek site for new food testing centre
The Ministry of Industry, Science, Technology and Innovation is teaming up with South Korea to find a suitable location in Cambodia to set up a food testing centre over the next five years, and make inspections of domestic and export products for quality, safety and ...
Nov Sivutha
https://www.phnompenhpost.com/business/ministry-korea-seek-site-new-food-testing-centre
Peppercorn exports sprout 457% to nearly 28K tonnes
Cambodia shipped out about 27,730.07 tonnes of peppercorn – both geographical indication- (GI) branded Kampot pepper and non-GI cultivars – in the first 11 months of 2021, up 456.53 per cent year-on-year, with Vietnam as the top buyer, the Ministry of Agriculture, Forestry and Fisheries ...
Hom Phanet
https://www.phnompenhpost.com/business/peppercorn-exports-sprout-457-nearly-28k-tonnes
Economic co-op deal inked with Philippines
Cambodia and the Philippines have reaffirmed their commitment to boost bilateral trade and increase the volume of investment, to further enhance economic relations between the two ASEAN countries. ...
May Kunmakara
https://www.phnompenhpost.com/business/economic-co-op-deal-inked-philippines
Vietnam deal on agricultural co-op around the corner, senior official says
Cambodia and Vietnam plan to sign an agricultural cooperation agreement this month to underpin trade growth between the two countries, especially of the Kingdom’s agri exports. ...
Hom Phanet
https://www.phnompenhpost.com/business/vietnam-deal-agricultural-co-op-around-corner-senior-official-says
Berlin eyeing local mangoes
Cambodia is slated to export fresh and dried mangoes to the European market, Germany above all, as Berlin investigates the possibility of export. ...
Nov Sivutha
https://www.phnompenhpost.com/business/berlin-eyeing-local-mangoes
Kingdom, Czech Republic aim to boost bilateral trade
The Czech Republic has promised to encourage its small and medium-sized enterprises and private companies to invest in Cambodia and boost trade between the two countries, which in the past has been relatively insignificant in size. ...
Lay Samean
https://www.phnompenhpost.com/national/kingdom-czech-republic-aim-boost-bilateral-trade
Indonesians invited to get slice of local agri markets
With agricultural production on a steady growth trajectory, even in the face of Covid-19, Phnom Penh welcomes Indonesian businessmen to invest in the Cambodian agricultural market, in hopes of bolstering capacity in response to an ongoing surge in domestic and international demand. ...
Hin Pisei
https://www.phnompenhpost.com/business/indonesians-invited-get-slice-local-agri-markets
Cambodian PM hopes for expanded trade ties with Vietnam
Cambodian Prime Minister Hun Sen on November 24 expressed his hope for expanded trade ties between Cambodia and Vietnam. ...
Khmer Times Staff
https://www.khmertimeskh.com/50977234/cambodian-pm-hopes-for-expanded-trade-ties-with-vietnam/
Cambodia, Thailand to discuss border reopening
Cambodian authorities from provinces along the Cambodia-Thailand border will meet with Thai counterparts to discuss reopening border checkpoints to facilitate travel, transfer of products and cross-border trade between the two countries. ...
Voun Dara
https://www.phnompenhpost.com/national/cambodia-thailand-discuss-border-reopening