Trade

The total trade volume between Cambodia and its partners around the world reached more than $19 billion in the first five months of 2023, down 14 percent compared to the same period last year. ...

A draft law on rules of origin was unanimously approved by the National Assembly (NA) during the June 12 session, with 96 supporting votes. ...

The lean patch of Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods continued into the fifth month of the year as the January to May exports recorded a decline of 23.06 percent, compared to the same period in 2022. ...

The Cambodian Senate has approved a draft Environment and Natural Resources Code and a draft law authorising ratification of the ASEAN Trade in Services Agreement. ...

Cambodia’s economic policies are relatively liberal for the region, and its investment and trade regimes remain attractive. However, being a small and open economy, Cambodia is susceptible to external changes and shocks. Global trade growth slowed in the second half of 2022 and further deceleration ...

Minister of Commerce Pan Sorasak urged all relevant parties to work together on the possibility of establishing a free trade agreement between Cambodia and Japan following a remarkable surge in exports of Cambodian products to Japan this year. ...

Cambodia’s exports in the first five months of 2023 were worth $9.18 billion, down 2.4 percent from $9.41 billion for the same period last year, according to a General Department of Customs and Excise report. ...

Australia’s clothing imports from Cambodia have bucked the general trend of a decrease, with imports in the first quarter of 2023 increasing to $42.575 million compared with the same period last year. ...

Lou Kim Chhun, government delegate in charge as chairman and CEO of Sihanoukville Autonomous Port, said he was determined to push the development of a new container terminal and deep-water port in Sihanoukville. ...

Cambodia and Japan have agreed to examine the possibility of establishing cooperation in the realm of the protection of consumer rights. ...

Cambodian Prime Minister Hun Sen said on Thursday that the Cambodia-China Free Trade Agreement (CCFTA), which took effect on Jan. 1, 2022, has given a boost to the kingdom’s exports to China. ...

China and Hong Kong have emerged as the top export markets for Cambodian milled rice, covering 42.43 percent of total exports worth $77.42 million. The 25 European countries accounted for 37.93 percent of exports worth $71.99 million, according to Cambodia Rice Federation (CRF). ...

Cambodia exported 118,041 tons of milled rice to China in the first five months of 2023, earning $ 77.4 million in revenue, said the Cambodia Rice Federation (CRF)’s press release on Thursday. ...

Prime Minister Hun Sen said yesterday that the manufacturing sector is creating more jobs for Cambodians, which is helping to improve their livelihoods as the government has been taking several steps to attract more foreign investment to the country. ...

 The Vietnamese Embassy in Cambodia in coordination with the Ministry of Industry and Trade (MoIT)’s Asia–Africa Market Department held a trade forum in Phnom Penh on June 7, which brought together more than 100 businesses of the two countries. ...

Cambodian goods exports to Singapore reached $223.843 million in the first four months of 2023, up 345.7 per cent year-on-year from $50.224 million and up 1,087 per cent half-on-half (compared to July-October 2022) from $18.9 million, according to provisional Customs (GDCE) data compiled in “International ...

Cambodia and Thailand launched the second phase of their cross-border QR payment system, which aims to promote the use of local currencies, financial inclusion and cross-border trade and tourism. ...

Cambodia and Vietnam signed a trade enhancement agreement to increase economic cooperation between the two countries. ...

Cambodia’s wild aquatic products have been granted formal approval to be exported to China, the Chinese embassy in Cambodia said in a statement on Wednesday. ...

The National Assembly (NA) on Tuesday approved the law on the approval of the Association of Southeast Asian Nations Service Trade (ASEAN Service Trade) Agreement in the ninth session of its sixth legislature to strengthen Cambodia’s economic connectivity in the region, said a release by ...

The Cambodian National Assembly on May 30 ratified the ASEAN Trade in Services Agreement (ATISA) to boost trade and investment in the area of services. ...

Cambodia exported products worth $7.23 billion during the January-April period of 2023, a year-on-year decrease of 4.9 percent from 7.6 billion dollars, Prime Minister Hun Sen said on Saturday. ...

Cambodia’s ministry of commerce and the UK’s ministry of business and trade have established a Joint Trade and Investment Forum (JTIF) to strengthen trade and investment ties  ...

A Chinese-invested tire factory in Cambodia’s Sihanoukville Special Economic Zone (SSEZ) officially launched its operation on Monday. ...