Exports to Vietnam swell 36% in Jan-Feb

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 ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-vietnam-swell-36-jan-feb

Cambodia’s apparel exports to Japan grow further in 2022 to more than $1.2 billion

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 ...

Khmer Times Staff
https://www.khmertimeskh.com/501252053/cambodias-apparel-exports-to-japan-grow-further-in-2022-to-more-than-1-2-billion/

Cambodia-Indonesia trade logs nearly two-fold on-year increase

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). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-indonesia-trade-logs-nearly-two-fold-year-increase

GDCE reviews efficacy of trade facilitations

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 ...

Hong Sovannary
https://www.khmertimeskh.com/501247700/gdce-reviews-efficacy-of-trade-facilitations/

Agri-exports to Vietnam boom nearly five-fold in past 3 years

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. ...

May Kunmakara
https://www.phnompenhpost.com/business/agri-exports-vietnam-boom-nearly-five-fold-past-3-years

Delegation of US-ABC eying trade and investment potential and opportunities in Cambodia

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501247354/delegation-of-us-abc-eying-trade-and-investment-potential-and-opportunities-in-cambodia/

Cambodia misses target of exporting 1m tons of rice

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. ...

Chhorn Raksmey
https://kiripost.com/stories/cambodia-misses-target-of-exporting-1m-tons-of-rice

‘Cambodia to be main cashew exporter’

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. ...

Chea Vanyuth
https://www.khmertimeskh.com/501246447/cambodia-to-be-main-cashew-exporter/

Cambodia’s export to South Korea swells under FTA

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

Chea Vanyuth
https://www.khmertimeskh.com/501245624/cambodias-export-to-south-korea-swells-under-fta/

Transport ministry rules that all cargo carriers must register with Port EDI system

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 ...

Post Staff
https://www.phnompenhpost.com/business/transport-ministry-rules-all-cargo-carriers-must-register-port-edi-system

Cambodia launches program to support rural economy, agricultural trade

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

Khmer Times Staff
https://www.khmertimeskh.com/501244777/cambodia-launches-program-to-support-rural-economy-agricultural-trade/

Cambodia-India trade reaches $37M in January

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. ...

Chea Vanyuth
https://www.khmertimeskh.com/501243610/cambodia-india-trade-reaches-37m-in-january/

Cambodia becomes major agricultural product supplier to Vietnam

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501243282/cambodia-becomes-major-agricultural-product-supplier-to-vietnam/

Exports to Thailand, Vietnam up as traditional markets shrink

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 ...

Manoj Mathew
https://www.khmertimeskh.com/501241502/exports-to-thailand-vietnam-up-as-traditional-markets-shrink/

Cambodia’s cashew players’ plans to strengthen the sector for export

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. ...

Marissa Carruthers
https://kiripost.com/stories/cambodias-cashew-players-plans-to-strengthen-the-sector-for-export

IFC-backed logistics hub to boost connectivity, trade in Cambodia

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, ...

Khmer Times Staff
https://www.khmertimeskh.com/501241224/ifc-backed-logistics-hub-to-boost-connectivity-trade-in-cambodia/

UK to implement new trading scheme for Cambodia

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501240564/uk-to-implement-new-trading-scheme-for-cambodia/

World Bank’s IFC inks deal on key logistics hub

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 ...

May Kunmakara
https://www.phnompenhpost.com/business/world-banks-ifc-inks-deal-key-logistics-hub

German president’s visit paves way for ties boost, as trade tops $1.2B: pundits

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 ...

Hin Pisei
https://www.phnompenhpost.com/business/german-presidents-visit-paves-way-ties-boost-trade-tops-12b-pundits

DCTS to govern Cambodia-United Kingdom trade from April

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). ...

Manoj Mathew
https://www.khmertimeskh.com/501239699/dcts-to-govern-cambodia-united-kingdom-trade-from-april/

Trade spurt seen after PM’s Laos state visit

Bilateral trade between Cambodia and Laos is predicted to pick up after a recent series of key meetings between national leaders and prominent members of the business community, following a reported jump of roughly three-tenths last year over 2021. ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-spurt-seen-after-pms-laos-state-visit

Ministry mulls Alibaba deal to boost int’l sales

The government is exploring the idea of entering into a memorandum of understanding (MoU) with Chinese e-commerce giant Alibaba Group to shore up international online sales of Cambodian products.​Minister of Commerce Pan Sorasak on February 14 chaired a first key meeting of an ad-hoc working ...

May Kunmakara
https://www.phnompenhpost.com/business/ministry-mulls-alibaba-deal-boost-intl-sales

Revenues from ports at $130M: Chanthol

The Sihanoukville and Phnom Penh ports generated a total of nearly $130 million in revenues last year, according to Minister of Public Works and Transport Sun Chanthol. ...

Sem Pisey
https://www.phnompenhpost.com/national/revenues-ports-130m-chanthol

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