Trade

A Local firm is planning to increase its export of live mantis shrimp to the Chinese market this year, after several shipments proved to be a commercial success in the Chinese market in 2023. ...

Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand. ...

Cambodia earned $789.75 million from the exports of rubber and articles made of rubber in the January to November period of 2023, recording an increase of 74.5 percent compared to the same period last year, according to the latest trade data of the General Department ...

Penn Sovicheat, secretary of state of Cambodia’s Commerce Ministry, said the RCEP has been a key driving force for Cambodia’s export growth and has become a magnet for attracting more foreign direct investment inflows into the country. ...

Cambodia exported $8,144 million to the US in the first eleven months of 2023, inching down 0.89 percent compared to the same period in 2022, a report from the Ministry of Commerce showed. ...

Cambodia’s exports to Indonesia and India rose the most in the January to November 2023 period, by 111.7 percent and 55.1 percent respectively, compared to the same period in 2022. ...

Cambodia exported $9.9 billion worth of garment, footwear and travel products to international markets in the first 11 months of 2023, down 15 percent from nearly 11.7 billion dollars in the same period last year, said a Ministry of Commerce’s report released on Tuesday. ...

Cambodia exported $7.21 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) members in the first 11 months of 2023, up 27 percent from 5.67 billion dollars in the same period last year, a Ministry of Commerce report said on Tuesday. ...

The Kingdom’s local trade finance market currently stands at $1.6 billion and improving access to affordable trade finance could increase imports and exports by up to nine percent, according to the latest study conducted by the International Finance Corporation (IFC). ...

Cambodia exported nearly $20.5 billion worth of goods in the first 11 months of 2023, a slight increase of 1.2% year-on-year, according to a report released recently by the General Department of Customs and Excise. ...

Two internationally-backed cashew processing plants are slated to begin operating in Kampong Thom province, with a potential export manufacturing capacity of more than 20,000 tonnes per year. ...

Cambodia and Hungary are moving swiftly to finalise the content of the draft for the Cambodian-Hungarian Joint Committee on Economic Cooperation (JCEC), a significant step towards boosting bilateral trade and investment between the two countries. ...

Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian ...

Agriculture sector remains one of the economic drivers of Cambodia’s economic growth despite its share of the country’s gross domestic product (GDP) has shrunk. ...

China’s central bank announced on Monday that it has authorized the Bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia. ...

Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...

​Cambodian Prime Minister Hun Manet told a Vietnamese company yesterday that Cambodia is setting a goal to turn family farming into a strategic production for export. ...

Cambodian Prime Minister Hun Manet received yesterday in Hanoi Mr. PhanDucTu, Board Chairman of the Bank for Investment and Development of Vietnam (BIDV), during his stay in Vietnam for a two-day official visit. ...

Prime Minister Phạm Minh Chính on Monday had talks in Hà Nội with Cambodian counterpart Samdech Hun Manet, who was on a two-day visit to Việt Nam, also his first to an ASEAN country. ...

Cambodia exported $6.45 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first 10 months of 2023, up 26.5 percent from the same period last year, said a Ministry of Commerce’s report on Tuesday. ...

Cambodia earned a gross revenue of $3.9 billion from the export of agricultural products in the first 11 months of 2023, said a Ministry of Agriculture, Forestry and Fisheries (MAFF) report on Tuesday. ...

Cambodia earned a total of $1.2 billion from the exports of raw cashew nuts and dry rubber during the first 10 months of 2023, according to official reports on Wednesday. ...

Cambodia exported over 610,000 tonnes of cashew nut to foreign markets in the first 10 months of this year, earning $831 million, according to a Cashew Nut Association of Cambodia’s report released yesterday. ...

The 187-km Phnom Penh-Sihanoukville Expressway, built under the BRI, shortens the travel time between the capital city and the international deep-water seaport city of Sihanoukville from six hours to just two, said Sar Kackada, mayor of Sihanoukville, Cambodia. ...