Trade
Exports
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’s export to RCEP members rises sharply despite weakening global demand
Cambodia on Saturday reported a sharp rise in its export to Regional Comprehensive Economic Partnership (RCEP) member countries last year despite a slowdown in global demand. ...
Khmer Times Staff
https://www.khmertimeskh.com/501422544/cambodias-export-to-rcep-members-rises-sharply-despite-weakening-global-demand/
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. ...
Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/
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/
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
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/
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
Agriculture seen as key driver of Cambodia’s economic growth
Agriculture sector remains one of the economic drivers of Cambodia’s economic growth despite its share of the country’s gross domestic product (GDP) has shrunk. ...
Chea Vanyuth
https://www.khmertimeskh.com/501405986/agriculture-seen-as-key-driver-of-cambodias-economic-growth/
Cambodia’s garments and agricultural products continue to drive export growth
Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...
Khmer Times Staff
https://www.khmertimeskh.com/501406845/cambodias-garments-and-agricultural-products-continue-to-drive-export-growth/
Cambodia to turn family farming to strategic production for export
Cambodian Prime Minister Hun Manet told a Vietnamese company yesterday that Cambodia is setting a goal to turn family farming into a strategic production for export. ...
Khmer Times Staff
https://www.khmertimeskh.com/501406135/cambodia-to-turn-family-farming-to-strategic-production-for-export/
Record farming exports seen for 2023
Cambodia’s agricultural exports surpassed 6.2 million tonnes during the first ten months of the year, amounting to more than $3.5 billion across 74 countries, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Van Socheata
https://www.phnompenhpost.com/business/record-farming-exports-seen-for-2023
Exports to India up over 57% in ‘23
Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-to-india-up-over-57-in-23