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

Cambodia exported 656,000 tonnes of cashew, earning $837 million in revenue in 2023

Cambodia exported $837 million worth of raw cashew nuts in 2023, a year-on-year decrease of 16.9 percent, according to the Cashew Nut Association of Cambodia’s report on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501420104/cambodia-exported-656000-tonnes-of-cashew-earning-837-million-in-revenue-in-2023/

Export of agri-products touched $4.3B last year

Cambodia exported 8.4 million tonnes of agricultural products last year, earning around $4.3 billion in revenue, said a report from the Ministry of Agriculture, Forestry and Fisheries. ...

Chea Vanyuth
https://www.khmertimeskh.com/501419341/export-of-agri-products-touched-4-3b-last-year/

Cambodian PM will visit Bangkok next month

Prime Minister Hun Manet will pay a one-day official visit to Thailand next month to strengthen the bilateral ties, according to an informed diplomatic source. ...

Khmer Times Staff
https://www.khmertimeskh.com/501419522/cambodian-pm-will-visit-bangkok-next-month/

Milled rice exporters optimistic

Cambodia  exported over 656,000 tonnes of milled rice in 2023, marking a 3% increase from the previous year and generating over $465 million in revenue, a rise of 13%, as reported by the Cambodia Rice Federation (CRF), the Kingdom’s apex rice industry body. ...

Van Socheata
https://www.phnompenhpost.com/business/milled-rice-exporters-optimistic

Firm to boost live shrimp exports to China in ’24

A Local firm is planning to increase its export of live mantis shrimp to the Chinese market this year, after several shipments proved to be a commercial success in the Chinese market in 2023. ...

Van Socheata
https://www.phnompenhpost.com/business/firm-to-boost-live-shrimp-exports-to-china-in-24

Cambodia set to continue export duty incentives in rubber sector

Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-set-to-continue-export-duty-incentives-in-rubber-sector

Cambodia earns $790 million from rubber article exports

Cambodia earned $789.75 million from the exports of rubber and articles made of rubber in the January to November period of 2023, recording an increase of 74.5 percent compared to the same period last year, according to the latest trade data of the General Department ...

Manoj Mathew
https://www.khmertimeskh.com/501416422/cambodia-earns-790-million-from-rubber-article-exports/

Cambodia exports $7.21 billion worth of products to RCEP member countries in the first 11 months

Penn Sovicheat, secretary of state of Cambodia’s Commerce Ministry, said the RCEP has been a key driving force for Cambodia’s export growth and has become a magnet for attracting more foreign direct investment inflows into the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501415453/cambodia-exports-7-21-billion-worth-of-products-to-rcep-member-countries-in-the-first-11-months/

US remains Cambodia’s biggest export destination

Cambodia exported $8,144 million to the US in the first eleven months of 2023, inching down 0.89 percent compared to the same period in 2022, a report from the Ministry of Commerce showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501416446/us-remains-cambodias-biggest-export-destination-2/

Cambodia’s exports to Indonesia jump 112 percent

Cambodia’s exports to Indonesia and India rose the most in the January to November 2023 period, by 111.7 percent and 55.1 percent respectively, compared to the same period in 2022. ...

Manoj Mathew
https://www.khmertimeskh.com/501415859/cambodias-exports-to-indonesia-jump-112-percent/

Cambodia’s garment, footwear, travel goods exports down 15 pct in 11 months

Cambodia exported $9.9 billion worth of garment, footwear and travel products to international markets in the first 11 months of 2023, down 15 percent from nearly 11.7 billion dollars in the same period last year, said a Ministry of Commerce’s report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501413720/cambodias-garment-footwear-travel-goods-exports-down-15-pct-in-11-months/

Cambodia’s exports to RCEP members up 27 pct in 11 months: report

Cambodia exported $7.21 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) members in the first 11 months of 2023, up 27 percent from 5.67 billion dollars in the same period last year, a Ministry of Commerce report said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501413723/cambodias-exports-to-rcep-members-up-27-pct-in-11-months-report/

Cambodia’s local trade finance market estimated at $1.6B

The Kingdom’s local trade finance market currently stands at $1.6 billion and improving access to affordable trade finance could increase imports and exports by up to nine percent, according to the latest study conducted by the International Finance Corporation (IFC). ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501412155/cambodias-local-trade-finance-market-estimated-at-1-6b/

Cambodia’s export turnover slightly rises in 11 months

Cambodia exported nearly $20.5 billion worth of goods in the first 11 months of 2023, a slight increase of 1.2% year-on-year, according to a report released recently by the General Department of Customs and Excise. ...

https://www.khmertimeskh.com/501407510/cambodias-export-turnover-slightly-rises-in-11-months/

Cashew processing plants set to expand exports

Two internationally-backed cashew processing plants are slated to begin operating in Kampong Thom province, with a potential export manufacturing capacity of more than 20,000 tonnes per year. ...

Van Socheata
https://www.phnompenhpost.com/national/cashew-processing-plants-set-to-expand-exports

Economic and trade ties with Hungary enhanced

Cambodia and Hungary are moving swiftly to finalise the content of the draft for the Cambodian-Hungarian Joint Committee on Economic Cooperation (JCEC), a significant step towards boosting bilateral trade and investment between the two countries. ...

Hin Pisei
https://www.phnompenhpost.com/business/economic-and-trade-ties-with-hungary-enhanced

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