Economy and commerce
Trade
Bilateral trade with Japan up 12% to nearly $2B in Jan-Oct
Standing as one of the largest economies in Asia, Japan is quickly becoming a prime market for Cambodian goods. Even with both economies embroiled in the Covid-19 crisis, bilateral trade managed to reach $1.96424 billion in the first 10 months of 2020, climbing by 12.2 ...
May Kunmakara
https://www.phnompenhpost.com/business/bilateral-trade-japan-12-nearly-2b-jan-oct
Ministry, Korea seek site for new food testing centre
The Ministry of Industry, Science, Technology and Innovation is teaming up with South Korea to find a suitable location in Cambodia to set up a food testing centre over the next five years, and make inspections of domestic and export products for quality, safety and ...
Nov Sivutha
https://www.phnompenhpost.com/business/ministry-korea-seek-site-new-food-testing-centre
Peppercorn exports sprout 457% to nearly 28K tonnes
Cambodia shipped out about 27,730.07 tonnes of peppercorn – both geographical indication- (GI) branded Kampot pepper and non-GI cultivars – in the first 11 months of 2021, up 456.53 per cent year-on-year, with Vietnam as the top buyer, the Ministry of Agriculture, Forestry and Fisheries ...
Hom Phanet
https://www.phnompenhpost.com/business/peppercorn-exports-sprout-457-nearly-28k-tonnes
Economic co-op deal inked with Philippines
Cambodia and the Philippines have reaffirmed their commitment to boost bilateral trade and increase the volume of investment, to further enhance economic relations between the two ASEAN countries. ...
May Kunmakara
https://www.phnompenhpost.com/business/economic-co-op-deal-inked-philippines
Vietnam deal on agricultural co-op around the corner, senior official says
Cambodia and Vietnam plan to sign an agricultural cooperation agreement this month to underpin trade growth between the two countries, especially of the Kingdom’s agri exports. ...
Hom Phanet
https://www.phnompenhpost.com/business/vietnam-deal-agricultural-co-op-around-corner-senior-official-says
Berlin eyeing local mangoes
Cambodia is slated to export fresh and dried mangoes to the European market, Germany above all, as Berlin investigates the possibility of export. ...
Nov Sivutha
https://www.phnompenhpost.com/business/berlin-eyeing-local-mangoes
Kingdom, Czech Republic aim to boost bilateral trade
The Czech Republic has promised to encourage its small and medium-sized enterprises and private companies to invest in Cambodia and boost trade between the two countries, which in the past has been relatively insignificant in size. ...
Lay Samean
https://www.phnompenhpost.com/national/kingdom-czech-republic-aim-boost-bilateral-trade
Indonesians invited to get slice of local agri markets
With agricultural production on a steady growth trajectory, even in the face of Covid-19, Phnom Penh welcomes Indonesian businessmen to invest in the Cambodian agricultural market, in hopes of bolstering capacity in response to an ongoing surge in domestic and international demand. ...
Hin Pisei
https://www.phnompenhpost.com/business/indonesians-invited-get-slice-local-agri-markets
Cambodian PM hopes for expanded trade ties with Vietnam
Cambodian Prime Minister Hun Sen on November 24 expressed his hope for expanded trade ties between Cambodia and Vietnam. ...
Khmer Times Staff
https://www.khmertimeskh.com/50977234/cambodian-pm-hopes-for-expanded-trade-ties-with-vietnam/
Cambodia, Thailand to discuss border reopening
Cambodian authorities from provinces along the Cambodia-Thailand border will meet with Thai counterparts to discuss reopening border checkpoints to facilitate travel, transfer of products and cross-border trade between the two countries. ...
Voun Dara
https://www.phnompenhpost.com/national/cambodia-thailand-discuss-border-reopening
SSEZ imports, exports hit $1.77B in Jan-Oct
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) reached $1.767 billion in the first 10 months of 2021, marking a 38.81 per cent year-on-year uptick from $1.273 billion, the operator reported on November 17. ...
Hin Pisei
https://www.phnompenhpost.com/business/ssez-imports-exports-hit-177b-jan-oct
South Korea trade dips 10.6% to $792M
Bilateral trade between Cambodia and South Korea in the first 10 months of 2021 was worth $791.59 million, down by 10.6 per cent from $885.32 million in the same period in 2020, as the prolonged Covid-19 community transmission continues to take its toll. ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korea-trade-dips-106-792m
Thailand seeks to reopen Tha Sen and Ban Nong Ian border checkpoints to boost trade with Cambodia
Thailand’s Commerce Ministry is aiming to speed up talks with Cambodia to reopen additional checkpoints with neighbouring Cambodia to boost trade between the two nations. . ...
Khmer Times Staff
https://www.khmertimeskh.com/50971487/thailand-seeks-to-reopen-tha-sen-and-ban-nong-ian-border-checkpoints-to-boost-trade-with-cambodia/
Singapore goods flood Cambodian shores
Bilateral trade between Cambodia and Singapore totaled $4.37 billion in the first 10 months of 2021, a 51.27 per cent year-on-year surge from $2.89 billion, as reported by the Ministry of Commerce, despite Covid-related disruptions to manufacturing supply chains. ...
Hom Phanet
https://www.phnompenhpost.com/business/singapore-goods-flood-cambodian-shores
US trade swells to nearly $6.5B in Jan-Sept
Trade between Cambodia and the US totalled $6.4793 billion in the first nine months of 2021, marking a 28.37 per cent year-on-year uptick from $5.0471 billion, according to the US Census Bureau (USCB). ...
Hin Pisei
https://www.phnompenhpost.com/business/us-trade-swells-nearly-65b-jan-sept
Rice exports top 3M tonnes in Jan-Oct
Even as a shipping-container shortage and rising transportation costs stymie the growth of milled rice exports to European and other Western markets, Cambodia managed to ship out 3,119,829 tonnes of the crop abroad, worth $957.30 million, in the first 10 months of 2021, according to ...
May Kunmakara
https://www.phnompenhpost.com/business/rice-exports-top-3m-tonnes-jan-oct
Cambodia, China committed to raising bilateral trade to $10 bn by 2023
Cambodia’s export of goods to China saw a significant rise, valued over $1.1 billion in the third quarter this year—a year-on-year increase of 52.74 per cent, according to figures from the former’s ministry of commerce. Both sides are committed to raising bilateral trade to $10 ...
Khmer Times Staff
https://www.khmertimeskh.com/50966092/cambodia-china-committed-to-raising-bilateral-trade-to-10-bn-by-2023/
Bilateral trade between Thailand and Cambodia sees increase compared to previous year
The trade between the countries of Cambodia and Thailand has seen an increase in the nine months of this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50965765/bilateral-trade-between-thailand-and-cambodia-sees-increase-compared-to-previous-year/
Rice exports fall 14 percent even as overall agriculture shipments rise
Cambodia exported 460,169 tonnes of milled rice, worth $393 million, from January to October this year, according to the Ministry of Agriculture, Forestry, and Fisheries. That represents a 14 percent drop in volume from the same period last year. ...
Michael Firn
https://www.khmertimeskh.com/50963180/rice-exports-fall-14-percent-even-as-overall-agriculture-shipments-rise/
Cambodia’s agricultural exports up over 47 percent in first 10 months
Some 4,221,153 tonnes of agricultural products, besides milled rice and paddy rice, have been exported to foreign markets during the first ten months of this year, despite the global COVID-19 crisis. ...
Khmer Times Staff
https://www.khmertimeskh.com/50963305/cambodias-agricultural-exports-up-over-47-percent-in-first-10-months/
Cambodia’s garment exports up by 11.4% in Jan-Sept 2021
Cambodia exported $8.2417 billion worth garments between January and September this year—a hike of $843.4 million or 11.4 per cent over the same period last year, the general department of customs and excise said. ...
Khmer Times Staff
https://www.khmertimeskh.com/50960588/cambodias-garment-exports-up-by-11-4-in-jan-sept-2021/
Rubber exports bounce past $265M in first nine months
Cambodia exported 174,100 tonnes of rubber valued at $265.8 million in the first nine months of 2021, surging by 48,300 tonnes (38.4 per cent) in volume and $111.6 million (72.3 per cent) in value over January-September 2020, the General Department of Customs and Excise reported. ...
Nov Sivutha
https://www.phnompenhpost.com/business/rubber-exports-bounce-past-265m-first-nine-months
Cambodia, South Korea endorse FTA
The Cambodia-Korea Free Trade Agreement (CKFTA) was endorsed on October 26, to pave the way for the two countries to enhance bilateral trade and investment flows. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-south-korea-endorse-fta
Cambodia-Japan trade tops $1.5B
Trade between Cambodia and Japan reached $1.5094 billion in the first eight months of 2021, up 11.8 per cent year-on-year from $1.350 billion, according to data from the Japan External Trade Organisation (Jetro). ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-japan-trade-tops-15b