Kingdom-Japan trade slips 8% in 2020

Bilateral trade between Cambodia and Japan was worth $2.09957 billion last year, down 8.45 per cent from 2019, data from Japan External Trade Organisation (JETRO) show. ...

Thou Vireak
https://www.phnompenhpost.com/business/kingdom-japan-trade-slips-8-2020

Cash-crop exports 200K tonnes in January

Cambodia exported 203,485 tonnes of seven major cash crops last month, according to a report by the Ministry of Agriculture, Forestry and Fisheries. The ministry lists these as milled rice, natural rubber, corn, cashew nuts, peppercorn, as well as fresh bananas, chillies and mangoes. ...

Thou Vireak
https://www.phnompenhpost.com/business/cash-crop-exports-200k-tonnes-january

Cambodia, U.S. reaffirm commitment to continue close cooperation

Cambodia and the United States of America have confirmed their commitment to continue strengthening their bilateral cooperation, especially in the field of trade. ...

Khmer Times Staff
https://www.khmertimeskh.com/50815354/cambodia-u-s-reaffirm-commitment-to-continue-close-cooperation/

Cambodia, UK discuss sustainable investment opportunity in Cambodia

Cambodia and the United Kingdom (UK) have convened a meeting to discuss a sustainable investment opportunity in Cambodia. The meeting took place through a video conference under the presidency of Sok Chenda Sophea, Minister Attached to Prime Minister and Secretary General of the Council for ...

Lim Nary /AKP
https://www.khmertimeskh.com/50813485/cambodia-uk-discuss-sustainable-investment-opportunity-in-cambodia/

Trade with ASEAN up 22% in 2020, hits $11.3B

The value of trade exchange between Cambodia and other ASEAN member states dramatically skyrocketed last year, hitting $11.330 billion even with flight and border restrictions in full force amid the Covid-19 pandemic. ...

May Kunmakara
https://www.phnompenhpost.com/business/trade-asean-22-2020-hits-113b

Amru celebrates 10th anniversary

Over the last decade since the government established a rice promotion policy in 2010, locally-owned rice miller and exporter Amru Rice (Cambodia) Co Ltd has become one of the game changers in driving milled-rice exports and transforming the Kingdom into a key rice exporter in ...

May Kunmakara
https://www.phnompenhpost.com/business/amru-celebrates-10th-anniversary

Trade with EAEU surges 18%

Bilateral trade between Cambodia and the Eurasian Economic Union (EAEU) was worth $67.37 million last year, marking an increase of 18.22 per cent compared to 2019’s $56.98 million, according to data from the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-eaeu-surges-18

Skyrocketing shipping costs threaten exports

The Kingdom’s exporters have expressed deepening concerns about spiraling shipping costs, which could diminish this year’s trade figures if prolonged. ...

Hin Pisei
https://www.phnompenhpost.com/business/skyrocketing-shipping-costs-threaten-exports

Over 10,000 Cambodian products can be exported to China under CCFTA

Under the Cambodia-China Free Trade Agreement (CCFTA), Cambodia can export more than 10,000 items to China, which in turn could export over 8,000 items to Cambodia ...

Khmer Times Staff
https://www.khmertimeskh.com/50812421/over-10000-cambodian-products-can-be-exported-to-china-under-ccfta/

Cambodian exports to US show strength in 2020

Cambodia’s 2020 exports to the US remained strong despite the COVID-19 pandemic crisis as the Kingdom’s exports to its other primary trading partners declined. Figures from the US Census Bureau showed that Cambodia exported $6.577 billion of goods to the world’s largest economy, a year-on-year ...

Chea Vanyuth
https://www.khmertimeskh.com/50811365/cambodian-exports-to-us-show-strength-in-2020/

Three mango farms qualify for Chinese SPS checks

The Ministry of Agriculture, Forestry and Fisheries plans to submit a list of three mango farms to experts at China’s General Administration of Customs for a check of their meeting sanitary and phytosanitary standards (SPS).   ...

Chea Vanyuth
https://www.khmertimeskh.com/50810884/three-mango-farms-qualify-for-chinese-sps-checks/

Kingdom’s free trade pact talks with South Korea concluded

Cambodia and South Korea have concluded their free trade agreement (FTA) negotiations and are now closer to the signing of a final pact later this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/50810013/kingdoms-free-trade-pact-talks-with-south-korea-concluded/

SSEZ exports increase 26 percent in 2020

The Sihanoukville Special Economic Zone (SSEZ) has reported export growth of 26.52 percent in 2020, a significant achievement in light of the COVID-19 pandemic. ...

Chea Vayuth
https://www.khmertimeskh.com/50808658/ssez-exports-increase-26-percent-in-2020/

Regional free trade deals ‘key to Cambodian and ASEAN success’

Foreign investors and independent credit evaluators are echoing confidence in Cambodia in light of the series of free trade agreements (FTAs) both completed and being pursued by the Kingdom’s government. According to the ASEAN Briefing (AB), such FTAs could see the region become the world’s ...

Tom Starkey
https://www.khmertimeskh.com/50809206/regional-free-trade-deals-key-to-cambodian-and-asean-success/

Gov’t plans non-garment industrial export expansion

The government plans to boost non-garment manufacturing exports this year on the back of strong market demand as the availability of viable Covid-19 vaccines jumpstarts a global economy hungry for recovery. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-plans-non-garment-industrial-export-expansion

Regional produce given trademarks of local geography

The Ministry of Commerce is pressing on to register some of the Kingdom’s more renown products as collective trademarks and grant them domestic geographical indication (GI) to provide them with added exposure on the international market. ...

Thou Vireak
https://www.phnompenhpost.com/business/regional-produce-given-trademarks-local-geography

Steel imports drop, exports up

Cambodia imported iron and steel worth $281.06 million last year, down 41.11 per cent from 2019’s $477.26 million and exported $6.20 million, rocketing 351 per cent from $1.37 million, according to the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/steel-imports-drop-exports

Thai-Cambodia 2020 bilateral trade below goal by 50 percent

Bilateral trade between Cambodia and Thailand for 2020 reached only half of the $15 billion target set by the two governments in 2015.  Those targets had set a goal of tripling two-way trade. Two-way trade between the two nations was valued at $7.236 billion last ...

Chea Vanyuth
https://www.khmertimeskh.com/50807076/thai-cambodia-2020-bilateral-trade-below-goal-by-50-percent/

Hungary trade, tourism ties to get boost

Cambodia and Hungary have agreed to further boost economic and tourism ties, while the private sector offers a rosy view of the EU country as a hub for expanding exports to Europe. ...

Thou Vireak
https://www.phnompenhpost.com/business/hungary-trade-tourism-ties-get-boost

Cambodia and South Korea trade valued at $884 million

The bilateral trade between Cambodia and South Korea was valued at $884 million as of December 2020, a year-on-year decrease of 14 percent. Figures from the Korean International Trade Association showed that from January to December 2020, Cambodia exported $317 million of products to South ...

Chea Vanyuth
https://www.khmertimeskh.com/50804885/cambodia-and-south-korea-trade-valued-at-884-million/

Ministry studies how best to boost exports under China deal

At its Friday meeting on the study and formulation on the good use of trade agreements in promoting exports, the Ministry of Commerce announced research is currently under way on products to be imported and exported under the Cambodia China Free Trade Agreement (CC-FTA). One ...

Jason Boken
https://www.khmertimeskh.com/50804912/ministry-studies-how-best-to-boost-exports-under-china-deal/

Duty-free exports to US jump

Cambodia exported goods worth $6.06 billion to the US market in the first 11 months of last year, up 22.2 per cent from the same period in 2019, while total bilateral trade volume reached $6.37 billion, according to data released by the US Bureau of ...

Hin Pisei
https://www.phnompenhpost.com/business/duty-free-exports-us-jump

Kingdom’s bicycle exports top $500M

Cambodia exported bicycles worth approximately $527 million to international markets last year, up 27 percent from 2019. This establishes Cambodia as the No1 country in ASEAN and No5 globally for bicycle exports, according to data from the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-bicycle-exports-top-500m

‘Robust’ new cassava policy aims to diversify farming and boost exports

The launch of Cambodia’s National Cassava Policy 2020-2025 yesterday delivered new energy to the boosting of production and exports for the crop. This policy sets robust commitments for the diversification of Cambodia’s economic bases away from traditional sectors. ...

Sok Chan
https://www.khmertimeskh.com/50803999/robust-new-cassava-policy-aims-to-diversify-farming-and-boost-exports/

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