Trade

The total trade volume between Cambodia and other countries around the world reached more than $6.8 billion in the first two months of 2023, down 21.8 percent when compared to the same period last year. ...

Kampong Chhnang Multi-Purpose Port and Logistics Centre will spend more than $300 million to promote the transportation of Cambodian products to local and international markets. ...

Cambodia’s exports of garments, footwear and travel (GFT) goods declined by nearly 25 percent in February 2023, compared to the same period in 2022, continuing a trend that started nearly six months ago raising fears of factory closures and job losses. ...

Cambodian goods exports to Vietnam amounted to $491.180 million in the first two months of 2023 – surging by 36.12 per cent over the same time last year – accounting for 45.28 per cent of bilateral trade, jumping up by 7.30 percentage points year-on-year, according ...

Cambodia’s apparel exports to Japan have continued to grow for the second consecutive year in 2022, despite a dip in shipments in 2020 due to the COVID-19 pandemic. In 2022, the shipment increased to $1,201.698 million after a recovery in 2021. Notably, the exports recorded ...

Indonesia was perhaps the brightest spot in Cambodia’s merchandise trade over January, with formal imports from and exports to the archipelago nation collectively clocking in at $88.045 million, marking a 95.87 per cent increase over the same month in 2022, according to Customs (GDCE). ...

The General Department of Customs and Excise (GDCE) at a meeting on Tuesday with representatives of ministries, technical officials and members of express delivery companies discussed priorities, like the promotion of the cross-border e-commerce sector, use of risk management mechanisms, enhancing the effectiveness of tax ...

Cambodia has emerged as a major exporter of agricultural products to Vietnam in the past couple of years, registering a January-October 2022 total of $2.429 billion, according to the state-run Vietnamnet newspaper. ...

Delegation of US-ASEAN Business Council (US-ABC), led by its Senior Vice President and Regional Managing Director H.E. Michael Michalak, have been on a visit to Cambodia to study more potential and opportunities of trade and investment. ...

Hun Sen said on Monday Cambodia has not been successful in exporting one million tons of rice because of a lack of processing basics, including rice mills, dry ovens, and capital. ...

Prime Minister Hun Sen said Cambodia could become one of the main cashew nut producers and exporters in the world, and added the commodity has the potential but limitations of processing. ...

Cambodia’s export to South Korea has increased significantly thanks to the bilateral free trade agreement, which was put into force last December. ...

The Ministry of Public Works and Transport has decided that all cargo ships unloading or picking up goods in Cambodia must register through the Port Electronic Data Interchange (Port EDI) system, an electronic data exchange system which manages large-scale inbound and outbound cargo traffic at ...

Cambodia on Thursday launched the Agriculture Services Program for an Inclusive Rural Economy and Agricultural Trade, aiming to link agricultural products to markets. ...

In January 2023, the bilateral trade between Cambodia and India amounted to $37 million, according to the General Department of Customs and Excise’s report. ...

In the past two years, Cambodian agricultural products have entered the Vietnamese market. At times, Cambodia was even the largest supplier of agricultural products to Vietnam. ...

Cambodia’s exports to neighbouring Thailand and Vietnam surged in January this year compared to the same period last year in sharp contrast to the country’s exports to traditionally strong markets such as China and the US declining during the period. According to the data of ...

Cambodia’s most significant trade partner for exports is the United States, while its primary source of imports is China. ...

Cambodia’s cashew value chain has received a boost after discussions were held between Cambodia Cashew Federation (CCF) and development partners to build the nation’s nascent cashew export sector. ...

Cambodia is set to have its first modern, world-class logistics complex as the International Finance Corporation (IFC) recently signed a new collaboration agreement with two of the region’s leading logistics companies. The financial institution feels the new partnership will deliver a major boost to infrastructure, ...

Cambodia will start benefiting in April from the UK’s Developing Countries Trading Scheme (DCTS), a new type of customs preference unveiled by the European country in August 2022. ...

The International Financial Corporation (IFC) on February 16 announced that it had inked a new “collaboration agreement” with local WorldBridge Group and Singapore’s YCH Group for the development of the Phnom Penh Logistics Complex (PPLC) as a “smart logistics hub” in Southeast Asia, in a ...

German President Frank-Walter Steinmeier’s visit to Cambodia could give renewed impetus towards the consolidation of bilateral relations between the two countries as well as to the two-way goods trade, which was valued at nearly $1.25 billion in 2022, expanding by almost one-fifth on a yearly ...

The Developing Countries Trading Scheme (DCTS) of the United Kingdom (UK) will come into effect in April and Cambodia is among the 65 beneficiaries of it. The scheme will replace the Generalised System of Preferences (GSP). ...