Trade

Exports

Gov’t continues to seek new markets

The Ministry of Commerce has vowed to uncover more markets for Cambodian products to help buffer against price fluctuations caused by the Kingdom’s dependency on neighboring countries. In a response to concerns raised on social media, Commerce Minister Sun Chanthol wrote on the ministry’s official Facebook ...

Chan Muyhong
http://www.phnompenhpost.com/business/gov%E2%80%99t-continues-seek-new-markets

Italy seeks to halt EU imports of duty-free Cambodian rice: report

Italy plans to lobby the European Union to halt duty-free imports of rice from Cambodia to protect local rice growers and millers, an industry source says. In a report Thursday, oryza.com said Italy was preparing to submit a report to Brussels saying that Cambodian rice was ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjBkNGJjNWM0ZDR

Bilateral trade with Malaysia up 17.6 percent

Bilateral trade between Cambodia and Malaysia increased during the first quarter this year by 17.6 percent compared to the same period last year, a Malaysian official said Tuesday. Trade increased from $89.63 million to $105.4 million, Rasazlan Abdul Rashid, the Malaysian ambassador to Cambodia, told a ...

Kang Sothear
http://www.cambodiadaily.com/business/bilateral-trade-with-malaysia-up-17-6-percent-61078/

Vietnam’s fish industry dominates in Cambodia

At Chraing Chamreh wholesale fish market in Phnom Penh’s Russei Keo district, men frantically scoop dark, snake-like Trey Phtok fish out of a huge steel tank and into a wicker basket. The flickering pile of tails and gaping mouths is placed on a scale and weighs ...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/vietnams-fish-industry-dominates-in-cambodia-60676/

Value of imported goods from Thailand jumps 14 percent

The total value of goods imported from Thailand increased more than 14 percent in the first four months of this year compared to the same period last year, according to data released Friday by the Thai Embassy in Phnom Penh. The figures show that the total ...

Kang Sothear
http://www.cambodiadaily.com/business/value-of-imported-goods-from-thailand-jumps-14-percent-60671/

Exporter under attack in rice row

In December 2011, the managing director of Megagreen Imex Cambodia, Renne Outh, proudly announced that his firm had inked a $21 million deal to be the first to ship Cambodian rice to the Philippines. Nearly two and a half years on, not a single Cambodian grain ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/exporter-under-attack-rice-row

FAO Estimates Cambodia 2014 Rice Exports to Increase Slightly to 1.2 Million Tons

The UN’s Food and Agriculture Organization (FAO) has estimated Cambodia’s 2014 rice exports to increase slightly to 1.2 million tons over that in 2013 due to increased production. The FAO reports that its exports estimate includes unofficial exports of milled as well as paddy rice ...

Oryza News Staff
http://oryza.com/news/rice-news/fao-estimates-cambodia-2014-rice-exports-increase-slightly-12-million-tons

Rice industry caught in flux

The rice industry’s quest for greater quality at lower cost reached a dead end yesterday at a conference in Phnom Penh, with exporters and farmers polarised on how to achieve greater returns for the industry. The workshop, titled “Improving Rice Value Chain and Enhancing Farmers’ Livelihoods”, ...

Chan Muyhong
http://www.phnompenhpost.com/business/rice-industry-caught-flux

Rice exports to Thailand dive

Rice exports to Thailand plummeted in the first four months of the year as a result of that country’s surplus, which reached record levels at the end of 2013. Between January and April, Cambodia exported just 1,550 tonnes of rice to Thailand, down 89 per cent ...

Chan Muyhong
http://www.phnompenhpost.com/business/rice-exports-thailand-dive

Vendors hit as price of Thai durian imports rise

The price of durian from Thailand has risen sharply this year, leading to shrinking profits for fruit vendors in Phnom Penh as demand from China for the spiky, pungent fruit grows more robust. On Sihanouk Boulevard, fruit vendor Heng Sovanna said that since March, the price ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/vendors-hit-as-price-of-thai-durian-imports-rise-59964/

Thai mangosteen, durian supplies short of demand in Cambodia, Vietnam

Cambodia and Vietnam have urged Thailand to export more mangosteen and durian in response to the high demand in both neighbouring countries.   Sombat Juengtrakoon, deputy chairman of the Thai-Cambodian Border Trade and Tourism Association in Chanthaburi Province, told journalists Monday that Thailand export a lower volume ...

Pattaya Mail
http://www.pattayamail.com/business/thai-mangosteen-durian-supplies-short-of-demand-in-cambodia-vietnam-37980

Yield of GI pepper up, but lower than hoped

This season’s Kampot pepper production is expected to reach 27 tonnes, up from 21 tonnes last year thanks to a larger area of harvested land. But Nguon Lay, president of the Kampot Pepper Association, said on Sunday that despite the increase, adverse weather conditions meant the ...

Hor Kimsay
http://www.phnompenhpost.com/business/yield-gi-pepper-lower-hoped

Cambodia's cassava export drops 13 pct in Q1

Cambodia had exported 213,530 tons of fresh and dry cassava in the first three months of 2014, down 13 percent compared with 245,440 tons over the same period last year, according to the figures provided by the Commerce Ministry on Sunday. However, the country saw a ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140525/cambodias-cassava-export-drops-13-pct-q1

Exports to Japan see a big jump

Cambodia’s exports to Japan increased sharply by 39 per cent over the first three months of 2014 compared to the same period last year, according to data from the Japan External Trade Organization (JETRO). Total exports reached more than $178 million at the end of March, ...

May Kunmakara
http://www.phnompenhpost.com/business/exports-japan-see-big-jump

Longans longing for storage

The amount of land used to grow longans has doubled in the past two years, but a lack of supply-chain infrastructure is hampering farmers’ ability to get top dollar for their product, the fruit’s body says. Sreng Sreang, deputy director of the Pailin Longan Farmers’ Community ...

Chan Muyhong
http://www.phnompenhpost.com/business/longans-longing-storage

Cambodia exports to US rise by over 10 pct

Driven by a slowly recovering American economy, Cambodian exports to the US increased 11 per cent in the first quarter of 2014 compared with the same period last year, according to the latest US government data. Cambodian exports from January to March totalled $771 million, up ...

Eddie Morton
http://www.phnompenhpost.com/business/cambodia-exports-us-rise-over-10-pct

Exports of rubber up, but prices on the fall

Despite a large increase in exports during the first quarter, natural rubber producers continue to see declining revenues, as world prices fall further. The latest figures from the Ministry of Commerce show natural rubber exports grew 26 per cent during the first quarter of 2014, compared ...

Chan Muyhong
http://www.phnompenhpost.com/business/exports-rubber-prices-fall

Cambodia-U.S. trade up 11 pct in Q1

Bilateral trade volume between Cambodia and the United States had amounted to 845 million U.S. dollars in the first three months of 2014. The number saw a 11-percent rise from 758 million U.S. dollars over the same period last year, figures release by the U.S. Department ...

Shanghai Daily
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=216833

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