Trade

Exports

Red corn ‘vital’ agro product: official

Yang Saing Koma, a secretary of state for the Ministry of Agriculture, Forestry and Fisheries, highlighted the significance of red corn as a vital agricultural product. ...

Van Socheata
https://www.phnompenhpost.com/business/red-corn-vital-agro-product-official

Cambodia makes $320.5 mln from rubber exports in first 9 months

Cambodia exported 242,304 tons of dry rubber in the first nine months of 2023, up 3.5 percent from 234,100 tons over the same period last year, said a report from the General Directorate of Rubber on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501379483/cambodia-makes-320-5-mln-from-rubber-exports-in-first-9-months/

Nearly 43% decline in bicycle exports

Cambodia exported bicycles worth $424 million to foreign markets in the first nine months of 2023, a drop of 42.8 percent compared to the same period last year which recorded $742 million, said a Ministry of Commerce’s report yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501375670/nearly-43-decline-in-bicycle-exports/

GFT exports decline 17.81% triggering more job loss fears

Cambodia’s exports of garments, footwear and travel goods (GFT) continued the slide as the January to September period recorded a decline of 17.81 percent, compared to the same period last year, triggering fears of more job losses and factory closures. ...

Manoj Mathew
https://www.khmertimeskh.com/501375664/gft-exports-decline-17-81-triggering-more-job-loss-fears/

Cambodia’s garment, footwear, and travel goods exports are down 17.8 percent in the first nine months

Cambodia exported $8.14 billion worth of garment, footwear, and travel products to international markets in the first nine months of 2023, down 17.8 percent from last year, according to the Ministry of Commerce on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501375252/cambodias-garment-footwear-and-travel-goods-exports-are-down-17-8-percent-in-the-first-nine-months/

UNIDO join hands with CAC to boost cashew kernel export

The United Nations Industrial Development Organisation (UNIDO) collaborated with the Cashew nut Association of Cambodia (CAC) to boost the export of cashew kernel by 12 percent by 2025 by providing technical support and management systems to the owners of the micro, small and medium enterprises ...

Nheng Chamrong
https://www.khmertimeskh.com/501373709/unido-join-hands-with-cac-to-boost-cashew-kernel-export/

Cambodia’s international trade reaches $35 billion in nine months

Cambodia’s international trade totalled more than $35.16 billion in the first nine months of this year, inching down 3.5 percent from the same period last year, the General Department of Customs and Excise’s report showed on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374641/cambodias-international-trade-reaches-35-billion-in-nine-months/

Cambodia exports down 0.8 pct in first 9 months

Cambodia exported $16.94 billion worth of goods in the first nine months of 2023, a slight drop of 0.8 percent from $17.07 billion in the same period last year, said a General Department of Customs and Excise’s report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374605/cambodia-exports-down-0-8-pct-in-first-9-months/

Rice showcased at German expo

Hopes are high among the Cambodia Rice Federation (CRF) and leading industry players that the country’s fragrant and organic rice could expand its European market presence, following the Anuga Food Trade Fair 2023 in Cologne, Germany. ...

May Kunmakara
https://www.phnompenhpost.com/business/rice-showcased-german-expo

Exports to S Korea help reduce current trade deficit: pundit

Trade between Cambodia and South Korea reached nearly $504 million in the first eight months of 2023, marking an 8.4 per cent decline over the same period last year, according to the General Department of Customs and Excise (GDCE). Despite this, Cambodian exports surged by ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-s-korea-help-reduce-current-trade-deficit-pundit

Cambodia-China FTA brings growth

Nearly two years have passed since the Cambodia-China Free Trade Agreement (CCFTA) came into effect in early January 2022. This period has witnessed significant growth in bilateral trade, as well as a surge in Chinese investment in Cambodia. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-china-fta-brings-growth

Cambodia’s export to fellow RCEP members reaches $5.26 billion

Cambodia exported $5.26 billion worth of goods to fellow member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first eight months of 2023, up 22 percent from $4.3 billion the same period last year, according to the latest report by the Ministry of ...

Khmer Times Staff
https://www.khmertimeskh.com/501372630/cambodias-export-to-fellow-rcep-members-reaches-5-26-billion/

Kingdom earns $327.4M from rice export in 9 months

Cambodia has exported 456,581 tons of milled rice in the first nine months of 2023, bagging a total revenue of $327 million, the Cambodia Rice Federation (CRF)’s press release said. ...

Chea Vanyuth
https://www.khmertimeskh.com/501373248/kingdom-earns-327-4m-from-rice-export-in-9-months/

DCTS scheme reduces tariffs on UK exports

The Ministry of Commerce has urged exporters to adhere to the UK’s rules of origin (RoO) in order to benefit from their Developing Countries Trading Scheme (DCTS), a system of graduated tariffs on imports. ...

Van Socheata
https://phnompenhpost.com/business/dcts-scheme-reduces-tariffs-uk-exports

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). Concurrently, imports from Australia ...

Hin Pisei
https://phnompenhpost.com/business/cambodia-oz-trade-dips-85

Electrical exports spark to $2.1B

Exports of electrical machinery, equipment and related products surpassed $2.1 billion in the first eight months of 2023, marking a near 100 per cent growth from the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://phnompenhpost.com/business/electrical-exports-spark-21b

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-trade-dips-85

Gold export booms in first semester

Cambodia saw a jump increase in gold exports in the first semester of this year, as more domestic gold refinery plants started commercial products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501368438/gold-export-booms-in-first-semester/

Success of live lobster exports sparks market enthusiam in China

A Cambodian firm intends to export more than 1,000kg of live lobsters to China, after its previous test runs proved the product had garnered “substantial market support”. ...

Van Socheata
https://www.phnompenhpost.com/business/success-live-lobster-exports-sparks-market-enthusiam-china

Pepper exports decline 30% Jan-Aug

Cambodia has experienced a 30 per cent decline in pepper exports in the first eight months of 2023, exporting over 5,000 tonnes, compared to the same period in 2022, according to the Ministry of Agriculture, Forestry and Fisheries. ...

Van Socheata
https://www.phnompenhpost.com/national/pepper-exports-decline-30-jan-aug

UK investment, exports set to grow

Recently-appointed UK Prime Minister’s Trade Envoy to Cambodia and Laos Heather Wheeler is looking to expand trade and investment with Cambodia as the two countries celebrate 70 years of diplomatic relations. ...

May Kunmakara
https://www.phnompenhpost.com/business/uk-investment-exports-set-grow

Cambodian growers urged to gear up to export coconuts to China

The General Directorate of Agriculture (GDA) has informed fragrant coconut farmers, communities and processing factories that China is prepared to import their produce. ...

Khmer Times Staff
https://www.khmertimeskh.com/501364800/cambodian-growers-urged-to-gear-up-to-export-coconuts-to-china/

Sluggish industry growth affects Cambodia’s economic outlook as improved tourism recovery expected to boost Cambodian exports

The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...

Khmer Times Staff
https://www.khmertimeskh.com/501363717/sluggish-industry-growth-affects-cambodias-economic-outlook-as-improved-tourism-recovery-expected-to-boost-cambodian-exports/

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