Ministry mulling SME cluster to help local farmers

The Ministry of Industry, Science, Technology, and Innovation has pushed for forming new small and medium enterprise (SME) clusters to help farmers sell their products to local productions, contributing to finished product export. ...

Chea Vanyuth
https://www.khmertimeskh.com/501431025/ministry-mulling-sme-cluster-to-help-local-farmers/

PPAP’s net profit, revenue decline in 2023

Net profit for Phnom Penh Autonomous Port’s (PPAP) financial year ended December 31, 2023 (FY’23) sank 36.2 percent to $9.1 million from $14.3 million a year ago. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/ppaps-net-profit-revenue-decline-in-2023

Electrical exports bolster economy in 2023, up 50%

Cambodia exported over $3.1 billion in electrical machinery, equipment and related products to the international market in 2023, an increase of more than 50% compared to 2022. The export value of these products constituted nearly 14% of the country’s total exports, as per data from ...

Hin Pisei
https://www.phnompenhpost.com/business/electrical-exports-bolster-economy-in-2023-up-50-

Cambodian mangoes now gaining popularity across Russian markets

Cambodian mangoes are gaining popularity across Russian markets offering a boost to the Kingdom’s agricultural sector, according to a representative of an agriculture firm that exports Cambodian mangoes to Russia and Central Asia. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501427846/cambodian-mangoes-now-gaining-popularity-across-russian-markets/

Trade with Singapore grows, exceeds $900M

The total value of trade between Cambodia and Singapore amounted to almost $920 million in 2023, marking an increase of over 7% compared to the previous year. Imports from the city-state represented a substantial 94% of the figure, according to the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-with-singapore-grows-exceeds-900m

Jewellery exports hit $851M in ‘23; exhibition upcoming

Cambodia garnered over $851 million from the export of jewellery and precious stones to the international market in 2023, represents a surge of 261% increase compared to 2022, as per the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/jewellery-exports-hit-851m-in-23-exhibition-upcoming

Cambodian senior gov’t official paints brighter picture for Cambodia-China economic, trade cooperation

A Cambodian senior government official has painted a rosier picture for Cambodia-China economic and trade cooperation in 2024, saying that a steady increase in bilateral trade and investment volumes has benefited both countries and peoples. ...

Xinhua
https://www.khmertimeskh.com/501426339/cambodian-senior-govt-official-paints-brighter-picture-for-cambodia-china-economic-trade-cooperation/

Law to strengthen water transportation sector

A draft law on water transportation has been created to strengthen the sector and find solutions to serve national and international trade, while supporting national economic growth. ...

Chhorn Raksmey
https://kiripost.com/stories/law-to-strengthen-water-transportation-sector

Cambodia’s exports to EU down 9.3% in 2023

Cambodia’s exports to the European Union (EU) last year were worth $3.66 billion – a more than nine percent decrease from the $4.04 billion registered in 2022, according to the Ministry of Commerce. ...

Chea Vanyuth
https://www.khmertimeskh.com/501424860/cambodias-exports-to-eu-down-9-3-in-2023/

Cambodia exports bicycles worth nearly $417 mln last year

Cambodia exported bicycles worth $416.7 million in 2023, a decrease of 53.6 percent from $899.7 million in a year earlier, said a General Department of Customs and Excise’s report on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501424449/cambodia-exports-bicycles-worth-nearly-417-mln-last-year/

Cambodia, France trade volume reaches $515M

Bilateral trade volume between the Kingdom and France reached $515.21 million last year, making Europe’s trade volume stand at $4.6 billion in 2023, said Prime Minister Hun Manet. ...

Nheng Chamrong
https://www.khmertimeskh.com/501424116/cambodia-france-trade-volume-reaches-515m/

Cambodia exports rubber worth $490.6 million in 2023

Cambodia exported 368,048 tonnes of dry rubber in 2023, a slight decrease of 1.3 percent from 372,903 tonnes in a year earlier, said a report from the General Directorate of Rubber on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425159/cambodia-exports-rubber-worth-490-6-million-in-2023/

Kingdom exports first shipment of milled rice to UAE

Kingdom has exported milled rice to the United Arab Emirates (UAE), the first batch of 60,000 tonnes, grabbing a new market for Cambodia’s rice. ...

Chea Vanyuth
https://www.khmertimeskh.com/501422987/kingdom-exports-first-shipment-of-milled-rice-to-uae/

Rising exports, global renown fuel rice sector

After experiencing positive growth in 2023, the Cambodian rice export market is expected to continue its upward trajectory in 2024. However, factors such as weather conditions and shipping costs may cause some disruptions. ...

Hin Pisei
https://www.phnompenhpost.com/business/rising-exports-global-renown-fuel-rice-sector

Cambodia imports oil products worth $2.17 bln in 2023

Cambodia’s imports of diesel fuel and petroleum oil declined by 7.6 percent in 2023, according to a report from the General Department of Customs and Excise on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423161/cambodia-imports-oil-products-worth-2-17-bln-in-2023/

Cambodia-China trade continues to grow despite global demand slowdown

Cambodia-China trade continued to rise in 2023 despite a slowdown in global demand, thanks to the Regional Comprehensive Economic Partnership (RCEP) agreement and the Cambodia-China Free Trade Agreement (CCFTA), a commerce official and experts said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501422036/cambodia-china-trade-continues-to-grow-despite-global-demand-slowdown/

USAID helps improve Cambodian cashew value chain

The U.S. Agency for International Development (USAID) is partnering with the Cambodia Cashew Federation to improve Cambodian cashew value chain through the Cashew Export Development Programme. ...

Khmer Times Staff
https://www.khmertimeskh.com/501420730/usaid-helps-improve-cambodian-cashew-value-chain/

Cambodia exports over 100 tonnes of Kampot pepper

Cambodia exported 103 tonnes of the renowned Kampot pepper, registered as a Geographical Indication in the European Union, last year, recording a decrease of 11 percent compared to 2022, a report of the Kampot Pepper Promotion Association showed yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501420426/cambodia-exports-over-100-tonnes-of-kampot-pepper/

Cambodia’s trade declines 1.9% to $46.82 billion in 2023

Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...

Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/

RCEP fuels regional growth amid economic recovery, challenges

Two years on, the world’s largest free trade pact in terms of population and trade volume, has unleashed tremendous benefits for regional integration in the Asia-Pacific region and powered up economic recovery. ...

Khmer Times Staff
https://www.khmertimeskh.com/501421396/rcep-fuels-regional-growth-amid-economic-recovery-challenges/

Milled rice exports increase 3% in 2023

In 2023, Cambodia exported more than 656,000 tons of milled rice worth $466 million​, marking a three percent growth in volume and 13 percent in value compared with 2022, according to Cambodia Rice Federation (CRF). ...

Yatt Malai
https://kiripost.com/stories/milled-rice-exports-increase-3-in-2023

Footwear exports dip; sector shows signs of recovery

Cambodia netted over $1.2 billion from exporting footwear, gaiters and related articles in the first 11 months of 2023, marking a nearly 23% decrease year-on-year. However, the last few months of 2023 showed signs of gradual improvement, as reported by the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/footwear-exports-dip-sector-shows-signs-of-recovery

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