Economy and commerce
Trade
Cambodia’s milled rice export up 3.5 pct in Q1
Cambodia exported 176,581 tons of milled rice in the first quarter (Q1) of 2023, up 3.5 percent from 170,539 tons in the same period last year, the Cambodia Rice Federation (CRF) said in a report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501279579/cambodias-milled-rice-export-up-3-5-pct-in-q1/
RCEP, FTAs create more favorable trade, investment opportunities for investors in Cambodia
The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTAs) have provided more favorable trade and investment opportunities for investors in Cambodia, a senior commerce ministry official said on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277686/rcep-ftas-create-more-favorable-trade-investment-opportunities-for-investors-in-cambodia/
Cambodia’s apparel exports to South Korea up 14% to $191 million in 2022
Cambodia’s trade balance with South Korea has improved in the first quarter of 2023, with decreased imports and higher apparel exports. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277051/cambodias-apparel-exports-to-south-korea-up-14-to-191-million-in-2022/
Cambodia’s rubber export up 6.8 percent in Q1
Cambodia exported 65,921 tons of dry rubber in the first quarter of 2023, an increase of 6.8 percent from 61,739 tons in the same period last year, said a General Directorate of Rubber report on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277044/cambodias-rubber-export-up-6-8-percent-in-q1/
Q1 milled rice exports soar to $126M on Europe sales uptick
Cambodia exported milled rice worth $126 million overseas in the first three months of 2023 – an increase of $20.9 million, or about 19.9 per cent, over the same period last year, according to data from the General Department of Customs and Excise of Cambodia ...
Van Socheata
https://www.phnompenhpost.com/national/q1-milled-rice-exports-soar-126m-europe-sales-uptick
Cambodia’s exports to India record Q1’s fastest growth of 67%
Cambodia’s exports to India went up by 67 percent during the first quarter (Q1) of the year, the fastest growth among the top 20 countries that export from the Kingdom. ...
Manoj Mathew
https://www.khmertimeskh.com/501275494/cambodias-exports-to-india-record-q1s-fastest-growth-of-67/
Cambodia’s export to South Korea surges in Q1
Cambodia’s export to South Korea significantly increased in the first quarter of this year, thanks to the bilateral free trade agreement, which was put into force last December. ...
Chea Vanyuth
https://www.khmertimeskh.com/501275292/cambodias-export-to-south-korea-surges-in-q1/
Türkiye wants to strengthen ties with Cambodia: Turkish ambassador
Türkiye wants to boost ties with Cambodia, which is becoming an attractive destination for trade and investment, the Turkish ambassador to Cambodia said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501274835/turkiye-wants-to-strengthen-ties-with-cambodia-turkish-ambassador/
Cambodia’s garment exports to Turkiye jump 110% to $84 million in 2022
Cambodia’s exports of garments, footwear and travel (GFT) goods declined by 22.62 percent in the first three months of the year (Q1) compared to the same period in 2022 as the slide that started in the latter half of the last year continued, raising the ...
Khmer Times Staff
https://www.khmertimeskh.com/501272800/cambodias-garment-exports-to-turkiye-jump-110-to-84-million-in-2022/
Border trade agreement with Vietnam presents huge benefits
Commerce Minister, Pan Sorasak, said on Tuesday that a border trade agreement with neighbouring Vietnam will bring mutual benefits, improving people’s living conditions along the border and creating favourable trade conditions. ...
Yatt Malai
https://kiripost.com/stories/cambodia-border-trade-agreement-with-vietnam-presents-huge-benefits
Exports fall 5.7% to $5.4 billion
Cambodia’s exports declined by 5.7 percent in the first quarter of 2023, with the value of goods exported standing at $5.4 billion compared with $5.8 billion in 2022, according to data released by the General Department of Customs and Excise. . ...
Seng Mengheng
https://kiripost.com/stories/cambodia-exports-fall-57-to-54-billion
Cambodia’s Q1 international trade at $11.3 billion
Cambodia’s international trade decreased 14.5 percent to $11.3 billion in the first quarter of 2023, according to a report from the General Department of Customs and Excise yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501271231/cambodias-q1-international-trade-at-11-3-billion/
Cambodia’s imports of oil, gas, coal surge 7.8 percent in Q1
Cambodia’s imports of oil, gas and coal rose by 7.8 percent in the first quarter of 2023, said a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501271456/cambodias-imports-of-oil-gas-coal-surge-7-8-percent-in-q1/
Cambodia’s imports of oil, gas, coal surge 7.8 percent in Q1
Cambodia’s imports of oil, gas and coal rose by 7.8 percent in the first quarter of 2023, said a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501271456/cambodias-imports-of-oil-gas-coal-surge-7-8-percent-in-q1/
Cambodia’s international trade declined by 14.5 pct in Q1 to $11.25 billion
Cambodia recorded $11.25 billion in its international trade during the first quarter (Q1) of 2023, down 14.5 percent from $13.16 billion over the same period last year, said an official report released Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501271464/cambodias-international-trade-declined-by-14-5-pct-in-q1-to-11-25-billion/
Cambodia’s fabric imports from Thailand at $157 million in 2022
Despite volatility due to COVID-19, Cambodia’s 2022 apparel exports to Thailand reached $57.6 million, and fabric imports were $157 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/501269748/cambodias-fabric-imports-from-thailand-at-157-million-in-2022/
Trade and tourism sector, important for economic growth
Cambodian Minister of Commerce has stressed the important role of trade and tourism in the country’s socio-economic development toward inclusive, resilient, and sustainable recovery. ...
Khmer Times Staff
https://www.khmertimeskh.com/501269119/trade-and-tourism-sector-important-for-economic-growth/
Korea becomes Cambodia’s 14th largest trading partner in 2022
Korea has become Cambodia’s 14th largest trading partner in 2022, as the bilateral trade volume posted $780 million, inching up 0.6 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/501267568/korea-becomes-cambodias-14th-largest-trading-partner-in-2022/
Cambodia & Morocco look to deepen ties; may boost apparel trade
Morocco and Cambodia have pledged to strengthen their trade ties. The two countries have agreed to organise a forum to explore business opportunities and urged their respective business communities to boost trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501266865/cambodia-may-boost-apparel-trade/
Cambodian, Chinese central banks discuss local currency settlement for cross-border trade
Cambodian and Chinese central bank officials have discussed the promotion of local currency settlement for cross-border trade between the two countries, said a statement released by the National Bank of Cambodia (NBC) on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501266318/cambodian-chinese-central-banks-discuss-local-currency-settlement-for-cross-border-trade/
Cambodia, Thailand commit to achieve bilateral trade volume of $15 Billion by 2025
Senior Official of Cambodia has inspired all stakeholders to continue working hard to attain $15-billion worth of Cambodia-Thailand bilateral trade volume set by the two countries’ Prime Ministers. ...
Khmer Times Staff
https://www.khmertimeskh.com/501264997/cambodia-thailand-commit-to-achieve-bilateral-trade-volume-of-15-billion-by-2025/
Electronics imports surge one-third on-year: ministry
Cambodia imported $904.3 million worth of “electronics” in 2022 – surging by 33.2 per cent from $678.9 million in 2021 – with the fourth quarter accounting for the lion’s share at 28.61 per cent of the annual total, according to figures from the finance ministry’s ...
Hin Pisei
https://www.phnompenhpost.com/business/electronics-imports-surge-one-third-year-ministry
Cambodia may invest in Cuban rice production
Cambodia is considering investing in rice production in Cuba to help strengthen the Caribbean island nation’s capacity to ensure food security, as well as to increase the presence of the Kingdom’s varieties of the stable crop in international markets. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-may-invest-cuban-rice-production
Cambodia and Vietnam sign trade deals
Cambodia and Vietnam have signed a series of agreements to strengthen trade and cooperation between the two nations ...
Mao Sreypich
https://kiripost.com/stories/cambodia-and-vietnam-sign-trade-deals