Economy and commerce
Trade
Cambodia trade with China hits $3 billion
Bilateral trade between Cambodia and China increased by 19.7 percent to $3 billion during the first four months of this year, according to the Ministry of Commerce. ...
Husain Haider
https://www.khmertimeskh.com/50863783/cambodia-trade-with-china-hits-3-billion/
Cambodia’s Thailand exports fall 41 percent in first four months
Cambodian exports to neighbouring Thailand were valued at $402 million in the first four months of this year, a 41 percent decrease compared with the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/50863906/cambodias-thailand-exports-fall-41-percent-in-first-four-months/
Exports of crude palm oil up 36% in Jan-May
Cambodia exported 19,916 tonnes of crude palm oil in the first five months of 2021, an increase of 5,246 tonnes or 35.76 per cent compared to the same period last year, according to data from the Ministry of Agriculture, Forestry and Fisheries. ...
Thou Vireak
https://www.phnompenhpost.com/business/exports-crude-palm-oil-36-jan-may
4.1 million tonnes of agricultural products exported in first five months
Cambodia exported some 4.1 million tons of agricultural products in the first five months of this year, a 1.1 million increase over the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50862233/4-1-million-tonnes-of-agricultural-products-exported-in-first-five-months/
Kampot pepper exports remain strong amid pandemic
Kampot pepper exports have weathered the economic storm created by COVID-19 and continue to remain a strong export product for the Kingdom, according to President of the Kampot Pepper Promotion Association (KPPA) Nguon Lay. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50860038/kampot-pepper-exports-remain-strong-amid-pandemic/
Cambodia, Australia pledge to boost bilateral trade
Cambodia and Australia have reaffirmed their commitment to increase their two-way trade, advance their cooperation in the trade sector and other areas, especially their close relations ...
Khmer Times Staff
https://www.khmertimeskh.com/50859498/cambodia-australia-pledge-to-boost-bilateral-trade/
Cambodia maintains exports to South Korea
Cambodia’s exports to South Korea maintained their growth in the first four months of this year, showing a recovery in demand for the Kingdom’s products as the two countries prepare to sign a bilateral free trade agreement (FTA). ...
Chea Vanyuth
https://www.khmertimeskh.com/50858257/cambodia-maintains-exports-to-south-korea/
Cambodian exports to US soar 17% in Q1
The Kingdom’s total goods exports to the US, the world’s largest economy in nominal terms, sharply increased in the first quarter of the year to attain nearly $1.863 billion, even amid production stoppages and other Covid woes. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodian-exports-us-soar-17-q1
Ministry probes exports of luxury wood to Hong Kong
The Ministry of Agriculture, Forestry and Fisheries denied that it had allowed the exports of luxury wood from Koh Kong province to Hong Kong. The denial came after the Hong Kong Customs reportedly seized about 211 tonnes of logs from an endangered tree species from Cambodia ...
Nov Sivutha
https://www.phnompenhpost.com/national/ministry-probes-exports-luxury-wood-hong-kong
Cassava, cashew nut, mango exports to Vietnam up almost 149%
Cambodia exported more than 1.11 million tonnes of cassava, cashew nuts and fresh mangoes to Vietnam in the first three months of 2021, up by nearly 149 per cent despite the two countries tightening their borders over fears of the spread of Covid-19. ...
Thou Vireak
https://www.phnompenhpost.com/business/cassava-cashew-nut-mango-exports-vietnam-almost-149
Kingdom expects 100,000 tonnes of fresh mango shipments to China
Cambodia has set an ambitious target of exporting up to 100,000 tonnes of fresh mangoes a year to China after the Kingdom made the first shipment of the fresh fruit directly to the world’s second largest economic nation on Friday. ...
Chea Vanyuth
https://www.khmertimeskh.com/50854043/kingdom-expects-100000-tonnes-of-fresh-mango-shipments-to-china/
Cambodia’s exports to Vietnam up 443% in first three months
Cambodia exported $ 1.47 billion worth of products to Vietnam in the first quarter of 2021, a dramatic increase of 443% from the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50853469/cambodias-exports-to-vietnam-up-443-in-first-three-months/
Rubber exports approach $100 million January-April
Cambodia exported $99.87 million of natural rubber from January to April this year, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50850637/rubber-exports-approach-100-million-january-april/
Q1 garment exports valued at $2.4 billion
Cambodia’s garment product exports contracted in the first quarter financial period as hundreds of factories remained closed temporarily because of COVID-19 in Phnom Penh and Takmao city, Kandal province. ...
Chea Vanyuth
https://www.khmertimeskh.com/50850644/q1-garment-exports-valued-at-2-4-billion/
Cambodian agricultural exports exceed $2 billion in first quarter of 2021
Cambodia exported $2.09 billion worth of agricultural products to the international market during the first quarter 2021, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50849566/cambodian-agricultural-exports-exceed-2-billion-in-first-quarter-of-2021/
January-April rice exports down 36%
Cambodia’s milled rice exports from January to April of 2021 were down 36 percent from the same period in 2020, according to a report issued by the Ministry of Agriculture, Forestry, and Fisheries (MAFF). ...
Sok Samnang
https://www.khmertimeskh.com/50849539/january-april-rice-exports-down-36/
Cambodia expects China, RCEP to help boost economic recovery
Amid the raging COVID-19 pandemic, Cambodia’s economy in 2020 registered its slowest growth since 1994. However, the country’s growth is projected to rebound this year, thanks to its newly-signed bilateral free trade agreement with China and the Regional Comprehensive Economic Partnership (RCEP). ...
Khmer Times Staff
https://www.khmertimeskh.com/50847787/cambodia-expects-china-rcep-to-help-boost-economic-recovery/
Mango exports to China at hand after customs approvals
China has allowed Cambodia to export fresh mangoes directly to its market after Chinese Customs on April 26 certified 37 mango plantations and five packaging factories as compliant with phytosanitary and packaging standards. ...
Thou Vireak
https://www.phnompenhpost.com/business/mango-exports-china-hand-after-customs-approvals
Signing of Korea trade deal postponed
The formal signing of the Cambodia-South Korea Free Trade Agreement (CKFTA), scheduled for mid-year, will be postponed due to disruptions from the Covid-19 outbreak stemming from the February 20 community incident, according to a spokesman for the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/signing-korea-trade-deal-postponed
Trade with Thailand unchanged amid Covid-19 movement curbs
Cross-border trade between Cambodia and Thailand remains busy as usual despite ongoing lockdowns in parts of both countries to combat the spread of Covid19 in their respective communities, according to senior provincial officials. ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-thailand-unchanged-amid-covid-19-movement-curbs
COs still issued amid lockdown, logistics bottlenecks
The Ministry of Commerce urged producers and exporters to continue applying for certificates of origin (CO) despite transport and logistics issues stemming from the ongoing lockdown in Phnom Penh and Takhmao town. ...
Thou Vireak
https://www.phnompenhpost.com/business/cos-still-issued-amid-lockdown-logistics-bottlenecks
Cambodia maintains export growth to South Korea
Cambodia exported $99.07 million worth of merchandise to South Korea in the first quarter of 2021, marking a marginal increase of more than five per cent from $93.85 in January-March of last year despite the ongoing Covid-19 pandemic, according to data from the Korea International ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-maintains-export-growth-south-korea
Car import values falls by more than 36% in 2020
The global Covid-19 pandemic caused the value of imported cars to Cambodia in 2020 to drop to nearly $1.1 billion, a decrease of more than 36 per cent compared to 2019, according to a report issued by the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/car-import-values-falls-more-36-2020
First quarter food exports suffering
New figures paint a poor picture of exports for Cambodia, highlighting the debilitating effects of COVID-19 on trade. One reason is a massive increase of up to five times in the cost of shipping combined with a shortage of available containers. ...
Mark Hughes
https://www.khmertimeskh.com/50835793/first-quarter-food-exports-suffering/