Economy and commerce
Trade
Trade with Malaysia soars 23% to $620M in 2022
The merchandise trade volume between Cambodia and Malaysia totalled $620.373 million in 2022, rising by 23.33 per cent over a year earlier, with Cambodian exports accounting for a 18.03 per cent share, down by 2.11 percentage points on a yearly basis, according to the General ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-malaysia-soars-23-620m-2022
Cambodia eyes exporting 1 million tons milled rice by 2025
The Cambodia Rice Federation has set an ambitious goal to export at least a million tons of milled rice by 2025, an over 50 percent increase compared to the export figure in 2022. ...
Chea Vanyuth
https://www.khmertimeskh.com/501230991/cambodia-eyes-exporting-1-million-tons-milled-rice-by-2025/
Int’l trade rises as commerce ministry lays out 2023 plans
Cambodia’s 9.19 per cent on-year rise in foreign trade value to the $52.425 billion logged by Customs for 2022 was driven by “in-depth reforms in all areas”, improvements in export competitiveness, and an increasingly favourable business and investment environment, according to Minister of Commerce Pan ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-rises-commerce-ministry-lays-out-2023-plans
Cambodia exported $900M bicycles in 2022
Cambodia earned $900 million from the export of bicycles in 2022, which is an increase of 43 percent over the $631 million reported for 2021, according to a report by the Ministry of Commerce. ...
Sok Sithika
https://www.khmertimeskh.com/501229750/cambodia-exported-900m-bicycles-in-2022/
Cambodia exports surge 16% to $22.4B
The government’s strategic measures and reforms helped Cambodia register remarkable export growth, the Ministry of Commerce said yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501229569/cambodia-exports-surge-16-to-22-4b/
South Korean agency pushes investment in auto-parts, tech
At a recent meeting in Seoul with a Cambodian delegation led by Minister of Commerce Pan Sorasak, Yu expressed his firm belief that the Cambodia-Korea Free Trade Agreement (CKFTA) will boost trade between the two countries. ...
Van Socheata
https://www.phnompenhpost.com/business/south-korean-agency-pushes-investment-auto-parts-tech
Cambodia looks at FTA possibility with Switzerland
Cambodia, which successfully entered into several free trade agreements (FTA) last year, is looking at the prospect of having a similar partnership with Switzerland. ...
Adur Pradeep
https://www.khmertimeskh.com/501225199/cambodia-looks-at-fta-possibility-with-switzerland/
Cambodian exports to Canada up 17% in 2022
The Cambodia-Canada merchandise trade in 2022 was valued at $1.154 billion, soaring by 16.06 per cent over 2021, while the Kingdom’s exports to the second largest economy of the Americas accounted for 97.07 per cent, edging up by 1.08 percentage points on-year, according to the ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-canada-17-2022
French trade minister’s visit to strengthen bilateral relations
The French trade minister is scheduled to visit Cambodia on Tuesday for a two-day trip to boost bilateral ties as part of Paris’ increasing commitment to the region. ...
Prak Chan Thul
https://kiripost.com/stories/cambodia-french-trade-ministers-visit-to-strengthen-bilateral-relations
Cambodian exports to Canada up 17% in 2022
The Cambodia-Canada merchandise trade in 2022 was valued at $1.154 billion, soaring by 16.06 per cent over 2021, while the Kingdom’s exports to the second largest economy of the Americas accounted for 97.07 per cent, edging up by 1.08 percentage points on-year, according to the ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-canada-17-2022
Cashew policy gateway to export market
A national policy to push Cambodia’s cashew industry has been approved with the aim of transforming the sector into a major global supplier. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-cashew-policy-gateway-to-export-market
Cambodia’s rubber goods exports up 28% in 2022
Cambodia earned $541.66 million from the export of rubber and rubber articles in 2022, recording a growth of 28.3 percent compared to the previous year, despite adverse conditions including a fall in the prices of natural rubber. ...
Manoj Mathew
https://www.khmertimeskh.com/501221397/cambodias-rubber-goods-exports-up-28-in-2022/
Cambodia’s trade with RCEP countries hit $31 bln last year
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached 31 billion U.S. dollars in 2022, up 4 percent from a year earlier, according to a Ministry of Commerce report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501221471/cambodias-trade-with-rcep-countries-hit-31-bln-last-year/
Cambodia-Japan trade passes $1.9B after Dec rebound
The bilateral merchandise trade volume between Cambodia and Japan totalled $1.948 billion in 2022, rising by 12.33 per cent over a year earlier, with Cambodian exports accounting for a 60.22 per cent share, down by 2.85 percentage points on a yearly basis, according to the ...
Hin Pisei |
https://www.phnompenhpost.com/business/cambodia-japan-trade-passes-19b-after-dec-rebound
Forest commodities exports down in 2022
Cambodia netted $531.864 million from the export of rubber latex and wood in 2022, down 12.85 per cent over 2021, according to the Ministry of Agriculture, Forestry and Fishery’s General Directorate of Rubber (GDR). ...
Hin Pisei
https://www.phnompenhpost.com/business/forest-commodities-exports-down-2022
Cambodia, Maldives committed to boosting bilateral trade exchanges
The Kingdom of Cambodia and the Republic of Maldives have been committed to expanding their bilateral trade exchange through boosting the import from and export to each other, especially to serve the tourism sector. ...
Khmer Times Staff
https://www.khmertimeskh.com/501220899/cambodia-maldives-committed-to-boosting-bilateral-trade-exchanges/
Mainland China largest merchandise trading partner of Cambodia in 2022
Mainland China was Cambodia’s largest merchandise trading partner last year, with a volume of $11.686 billion—up by 4.39 per cent over the 2021 figure. The former’s exports to the latter accounted for 89.38 per cent share—up by 2.87 percentage points on a yearly basis, according ...
Khmer Times Staff
https://www.khmertimeskh.com/501219676/mainland-china-largest-merchandise-trading-partner-of-cambodia-in-2022/
Kingdom’s GFT exports grow by 15% in 2022
Cambodia’s exports of garments, footwear and travel (GFT) goods grew by around 15 percent in 2022 compared to the previous year, from $10.99 billion to $12.63 billion, but the total share of the sector declined marginally, according to the latest report on trade by the ...
Manoj Mathew
https://www.khmertimeskh.com/501218056/kingdoms-gft-exports-grow-by-15-in-2022/
Fresh calls for single-stop inspection on VN border
The Cambodia Chamber of Commerce (CCC) has asked Vietnamese Customs for its full commitment to the Single Stop Inspection and Common Control Area (SSI & CCA) initiative, in the interest of boosting cross-border trade between the two countries. ...
May Kunmakara
https://www.phnompenhpost.com/business/fresh-calls-single-stop-inspection-vn-border
Cambodia seeks Turkish investment, eyes $1B bilateral trade
To boost bilateral trade to around $1 billion (TL 18.78 billion), Cambodia has sought investments from Türkiye in agriculture, storage and processing facilities for exports to the European Union and other nations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501218458/cambodia-seeks-turkish-investment-eyes-1b-bilateral-trade/
Cambodia’s total trade up 9% to $52 billion in 2022
Cambodia’s international trade in 2022 totalled more than $52 billion, a 9.2 percent year-on-year increase, while Cambodia’s exports jumped more than 16 percent. ...
Chea Vanyuth
https://www.khmertimeskh.com/501217283/cambodias-total-trade-up-9-to-52-billion-in-2022/
Imports and exports via Sihanoukville special economic zone up 12 percent in 2022
The value of imports and exports passing through the China-Cambodia jointly invested Sihanoukville Special Economic Zone (SSEZ) reached $2.49 billion in 2022, a year-on-year increase of 12 percent, SSEZ General Manager Cao Jianjiang told Xinhua on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501217663/imports-and-exports-via-sihanoukville-special-economic-zone-up-12-percent-in-2022/
Jan-Nov mango exports dip 30% to 170K tonnes
Cambodia exported 169,658 tonnes of fresh and dried mangoes in the first 11 months of 2022, down 30.28 per cent year-on-year, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-nov-mango-exports-dip-30-170k-tonnes
China importers urged to buy from Cambodia
The head of the apex Cambodia trade body has asked importers operating in the southern Chinese region of Guangxi to take advantage of the Cambodia-China Free Trade Agreement (CCFTA) and buy produce made in the Kingdom, particularly items on which concessions have been granted. ...
May Kunmakara
https://www.phnompenhpost.com/business/china-importers-urged-buy-cambodia