Trade

Exports

Deal signed with China over banana exports

The Kingdom on Thursday signed a joint phytosanitary protocol for banana exports to China, with officials saying this was the first move in promoting the product on the world stage. The agreement was signed by the Chinese ambassador to Cambodia Xiong Bo and Agriculture Minster ...

Hin Pisei
https://www.phnompenhpost.com/business/deal-signed-china-over-banana-exports

Kingdom exports to Japan regain double-digit growth

The Kingdom’s exports to Japan rebounded in the first half of the year, jumping from single-digit growth last year to 19 per cent, new figures from the Japanese External Trade Organization (Jetro) showed. During the first half of last year, Cambodian exports to Japan grew ...

Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-exports-japan-regain-double-digit-growth

Palm sugar GI status in EU hits a glitch

The process of obtaining geographical indication (GI) status for Kampong Speu palm sugar in the European Union suffered a setback this week after a company asked for revisions to the wording of the product’s guidebook, according to a producers association. ...

Chea Vannak
https://www.khmertimeskh.com/50518153/palm-sugar-gi-status-in-eu-hits-a-glitch/

Despite election uncertainty, exports achieve solid growth

Exports of garment and footwear products achieved solid growth during the first half of the year, expanding by 9.3 percent. According to the Ministry of Commerce, exports from the country’s garment industry were valued at $3.7 billion during the first six months of the year. ...

May Kunmakara
https://www.khmertimeskh.com/50517748/despite-election-uncertainty-exports-achieve-solid-growth/

Kingdom’s rubber exports bounce high in first half

Cambodian rubber exports surged 21 percent during the first half of the year, compared to the same period last year, the Ministry of Agriculture said on Sunday. Local producers exported 84,419 tonnes of rubber during the first six months of this year, an increase of ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/kingdoms-rubber-exports-bounce-high-first-half

Two more provinces to be able to issue certificates of origin

Producers, traders and exporters in Ratanakkiri and Tbong Khmum can now apply online for certificates of origin for their exports, submitting applications through the website of their respective provincial commerce department. ...

May Kunmakara
https://www.khmertimeskh.com/50505079/two-more-provinces-to-be-able-to-issue-certificates-of-origin/

Rice deal with Papua New Guinea on the table

Cambodian could soon be exporting its world-renowned rice to the Oceanian nation of Papua New Guinea after trade representatives from both countries held negotiations last week. ...

Sok Chan
https://www.khmertimeskh.com/50491622/rice-deal-with-papua-new-guinea-on-the-table/

Exports to US up 25 pct in Q1

Cambodian exports to the United States, the world’s largest economy, rose sharply during the first three months of the year following a marked increase in the shipments of travel goods after the US renewed its Generalized System of Preferences in March. ...

May Kunmakara
https://www.khmertimeskh.com/50490954/exports-to-us-up-25-pct-in-q1/

New cassava factory to operate at full capacity next month

Ratanakkiri’s first cassava-processing plant will operate at full capacity starting next month, producing 300 tonnes of cassava products per day. The factory is now on a test run and is only producing 10 tonnes of cassava products a day, said Soy Sona, director of Ratanakkiri’s ...

Chea Vannak
https://www.khmertimeskh.com/50483716/new-cassava-factory-to-operate-at-full-capacity-next-month/

Report shows China demand will fuel growth of rice exports

Cambodia’s rice production and exports will likely continue to grow this year and next year despite low milling rates, buoyed by strong demand from China, according to a report from the United States Department of Agriculture (USDA). In the report released last week, the USDA ...

Robin Spiess
https://www.phnompenhpost.com/business/report-shows-china-demand-will-fuel-growth-rice-exports

EU to probe exports of rice

The European Commission has found sufficient evidence to launch an investigation into whether Cambodian rice exported to the EU puts an unfair burden on European rice farmers, potentially imperiling the Kingdom’s tariff-free exports to the bloc. ...

Cheng Sokhorng and Brendan O’Byrne
https://www.phnompenhpost.com/business/eu-probe-exports-rice

UN data show nearly half of Kingdom’s rice exports undocumented

The UN Food and Agriculture Organisation (FAO) is forecasting that 44 percent of Cambodia’s total rice exports will be smuggled out of the country through informal channels this year, a persistent problem that weighs down profits and threatens to cripple the industry. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/un-data-show-nearly-half-kingdoms-rice-exports-undocumented

Germany-led meet seeks to get produce to China

Germany’s international development agency (GIZ) held a workshop on Tuesday that promoted Cambodian agricultural exports to China, focusing on the necessary export guidelines and the sanitation standards that are often lacking in the Kingdom’s agricultural value chains. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/germany-led-meet-seeks-get-produce-china

Program aimed at speeding up export launched

The Commerce Ministry officially launched a program yesterday giving the authority to issue certificate of origin licences to four provinces along the Thai border, potentially expediting the export process for agricultural businesses in the region. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/program-aimed-speeding-export-launched

Amru Rice’s SRP project bears fruit

Local rice miller and exporter Amru Rice has started reaping the benefits of its partnership with the International Financial Corporation (IFC), beginning to collect rice from farmers working under contract farming schemes in Kampong Cham province. ...

Sum Manet
http://www.khmertimeskh.com/50114855/amru-rices-srp-project-bears-fruit/

More crocodile farms given Cites recognition

Sixteen additional crocodile farms have been approved under an international conservation treaty to export Siamese crocodiles, bringing the total number of recognised farms in Cambodia to 21, according to a government official. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/more-crocodile-farms-given-cites-recognition

Official releases EU trade data amid spat

Cambodia exported about $3 billion worth of goods to the EU in the first nine months of last year, according to Ouch Borith, a secretary of state at the Foreign Affairs Ministry. Borith’s remarks came at the ministry’s annual meeting and were in response to a ...

Brendan O’Byrne
http://www.phnompenhpost.com/business/official-releases-eu-trade-data-amid-spat

Rubber prices in decline

The price that Cambodian rubber latex fetches overseas dropped by 10 percent since the beginning of the year, a fall that officials attribute to an oversupply of the commodity in global markets and the sluggish growth of the international economy.​ ...

May Kunmakara
http://www.khmertimeskh.com/50110169/rubber-prices-decline/

Rise in timber exports to Vietnam

The value of logs and sawn wood exported from Cambodia to Vietnam last year increased by about $31.5 million compared to 2016, customs data has shown. The Vietnamese data, obtained by Khmer Times yesterday, said about 163,071 cubic metres of Cambodian logs were imported to the ...

May Titthara
http://www.khmertimeskh.com/50107116/rise-timber-exports-vietnam/

Cambodia-Vietnam trade up 30 percent in 2017

Bilateral trade between Cambodia and Vietnam last year increased nearly 30 percent to about $3.8 billion according to Vietnamese state-run media, while Cambodia has yet to report trade statistics for most of 2017.  ...

Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-vietnam-trade-30-percent-2017

Việt Nam, Cambodia’s bilateral trade surged 30% in 2017

Bilateral trade between Việt Nam and Cambodia last year surged 29.7 per cent against the previous year to nearly US$3.8 billion, the General Department of Customs reported. Of the total, Việt Nam’s export turnover to this market was $2.77 billion, rising 26.1 per cent against the ...

Viet Nam News
http://vietnamnews.vn/economy/422484/viet-nam-cambodias-bilateral-trade-surged-30-in-2017.html#q1s8ssWTMd4ceTep.97

Cambodia may be pressed by new EU palm oil regulations

New proposed rules from the European Union restricting the import of palm oil would likely affect Cambodia’s nascent palm oil sector, but the country’s main exporter is hoping that demand from India and China will cushion the blow. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/cambodia-may-be-pressed-new-eu-palm-oil-regulations

Labour Ministry signs pact with US agency

The Labour Ministry is expecting American buyers to increase their orders after a memorandum of understanding between the ministry and the American Centre for International Labour Solidarity on “Cooperation in the Field of Labour” was signed. ...

Mom Kunthear
http://www.khmertimeskh.com/50103718/labour-ministry-signs-pact-with-us-agency/

Invasive fruit flies detrimental to Kingdom’s mango exports

Cambodia’s mango shipments have been routinely blocked before making it to the international market, with the Ministry of Agriculture claiming the mangoes are not of a high enough quality to meet the sanitary and phytosanitary (SPS) requirements necessary to ship outside of the Kingdom. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/invasive-fruit-flies-detrimental-kingdoms-mango-exports

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