News

Exports to Vietnam grow to $1.6B in first 7 months

Exports from Cambodia to Vietnam have recorded steady growth, rising 20.6 per cent year-on-year to $1.6 billion in the first seven months of 2023 from $1.3 billion, although trade balance dipped one per cent to $3.8 billion from the year prior. ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-vietnam-grow-16b-first-7-months

Cambodian apparel, knitted & non-knitted items exports fall

Cambodia exported apparel items, clothing accessories and knitted and non-knitted or crocheted items worth $4.5 billion in the first seven months this year—down by 20.6 per cent year on year from $5.6 billion. ...

Khmer Times Staff
https://www.khmertimeskh.com/501344357/cambodian-apparel-knitted-non-knitted-items-exports-fall/

Cambodia GFT exports at $6.27 billion in 7 months

Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods extended its lean patch into the seventh month of the year, as the exports recorded a decline of 20.44 percent in the January to July period of 2023. ...

Manoj Mathew
https://www.khmertimeskh.com/501342930/cambodia-gft-exports-at-6-27-billion-in-7-months/

S’pore exports up 500% in H1

Exports to Singapore rose more than five times to $415 million in the first half of 2023 from $62.4 million in the same period last year, as imports from Singapore fell 82 per cent to $371.8 million from $2.02 billion. ...

Hin Pisei
https://www.phnompenhpost.com/business/spore-exports-500-h1

Cambodia’s H1 export of Chapter 94 items down 30%

Cambodia earned $369.643 million from the export of “furniture, lighting signs, prefabricated buildings” in the first half (H1) of 2023, down 29.67 per cent from $525.591 million in 2022H1 and down nearly 12.5 per cent from $422.67 million in 2022H2, according to provisional Customs (GDCE) ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodias-h1-export-chapter-94-items-down-30

Rubber exports go up 42.1% H1

Cambodia earned $324 million from the exports of natural rubber and rubber articles in the January to June half-year (H1) period of 2023, an increase of 42.1 percent compared to the same period last year, according to the latest trade data of the General Department ...

Manoj Mathew
https://www.khmertimeskh.com/501329610/rubber-exports-go-up-42-1-h1/

Exports near $11.5B on May-Jun lift

The value of Cambodia’s total goods exports in the first half of the year reached $11.464 billion, up more than 0.75 per cent on an annual basis from $11.379 billion and up nearly 3.25 per cent from $11.104 billion in the second half of 2022, ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-near-115b-may-jun-lift

International trade tops $23 billion in H1

International trade for Cambodia amounted to $23.69 billion in the first six months of this year, a 13% decrease compared to the same period last year, the General Department of Customs and Excise report showed on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501322261/international-trade-tops-23-billion-in-h1/

Cambodian exports to Vietnam surge by nearly a quarter to $1.3B

Cambodia’s goods exports to Vietnam reached $1.324 billion in the first five months of 2023, up 22.69 per cent year-on-year from $1.079 billion and up 83.92 per cent half-on-half from $719.79 million, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-vietnam-surge-nearly-quarter-13b

China, Vietnam, Thai markets make up 70% of Cambodia’s imports

Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/china-vietnam-thai-markets-make-70-cambodias-imports

GDCE: Tax revenue reduction offset by investment

Cambodia is a signatory to 10 free trade agreements (FTA) which cost the Kingdom over $400 million in lost tax revenue each year. This is nonetheless recovered by the growth of investment and export markets, said the General Department of Customs and Excise of Cambodia ...

Van Socheata
https://www.phnompenhpost.com/business/gdce-tax-revenue-reduction-offset-investment

Cambodia’s GFT woes unabated as exports decline 23%

The lean patch of Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods continued into the fifth month of the year as the January to May exports recorded a decline of 23.06 percent, compared to the same period in 2022. ...

Man​oj ​Mat​hew​
https://www.khmertimeskh.com/501306694/cambodias-gft-woes-unabated-as-exports-decline-23/

Cambodia exports reach $9.18 billion in five months

Cambodia’s exports in the first five months of 2023 were worth $9.18 billion, down 2.4 percent from $9.41 billion for the same period last year, according to a General Department of Customs and Excise report. ...

Chea Vanyuth
https://www.khmertimeskh.com/501306111/cambodia-exports-reach-9-18-billion-in-five-months/

PM Hun Sen says bilateral FTA with China boosts Cambodia’s exports

Cambodian Prime Minister Hun Sen said on Thursday that the Cambodia-China Free Trade Agreement (CCFTA), which took effect on Jan. 1, 2022, has given a boost to the kingdom’s exports to China. ...

Khmer Times Staff
https://www.khmertimeskh.com/501305373/pm-hun-sen-says-bilateral-fta-with-china-boosts-cambodias-exports/

Furniture exports decrease by almost 29% on-year to $164M in January-April

Cambodia earned $164.111 million from the export of “furniture, lighting signs, prefabricated buildings” in the first four months of 2023, down 28.82 per cent year-on-year from $230.544 million and down 52.01 per cent half-on-half (compared to July-October 2022) from $341.97 million, according to provisional Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/furniture-exports-decrease-almost-29-year-164m-january-april

Jan-Apr rubbers exports bounce up 38%: GDCE

Cambodia earned $206.728 million from the export of “rubber and articles thereof” in the first four months of 2023, up 38.0 per cent year-on-year from $149.808 million and up 22.7 per cent half-on-half (compared to July-October 2022) from $168.5 million, according to provisional Customs (GDCE) ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-apr-rubbers-exports-bounce-38-gdce

Tax agency asks Japan to fast-track DTA talks

The Cambodian tax chief on May 29 asked Tokyo to speed up talks on a Double Taxation Agreement (DTA) between the Kingdom and Japan, as Customs (GDCE) reported that their bilateral goods trade closed 2022 just shy of $1.95 billion, achieving a nearly one-eighth surge ...

Hin Pisei
https://www.phnompenhpost.com/business/tax-agency-asks-japan-fast-track-dta-talks

Cambodia’s international trade declines 14.1%

Cambodia’s international trade stood at $15.16 billion for January to April this year, a decline of 14.1 percent, compared to the same period last year, according to the trade data released by the General Department of Customs and Excise (GDCE) yesterday. ...

Manoj Mathew
https://www.khmertimeskh.com/501288366/cambodias-international-trade-declines-14-1/

Q1 Canada trade dips 22% despite March rebound

The merchandise trade volume between Cambodia and Canada reached $192.720 million in the first quarter of 2023, making the world’s ninth largest economy the Kingdom’s 10th biggest trading partner for the three-month period, according to Customs (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/q1-canada-trade-dips-22-despite-march-rebound

GDT, GDCE revenues top $1.9B, pass 30% of 2023 goal

The finance ministry’s taxation and customs departments collectively netted $1.908 billion in revenues in the first quarter of 2023, marking just over 30 per cent of the full-year target, official figures show. ...

Hin Pisei
https://www.phnompenhpost.com/business/gdt-gdce-revenues-top-19b-pass-30-2023-goal

Cambodia’s exports 8 percent down in first two months, commerce ministry wants to reassure

Cambodia sees a fall in exports in the first two months of 2023, down 8.6 percent compared to the same period last year. It is, however, not a worrying sign, the Commerce Ministry said. ...

Teng Yalirozy
https://cambodianess.com/article/cambodias-exports-8-percent-down-in-first-two-months-commerce-ministry-wants-to-reassure

Cambodia’s trade valued at over $6.8 billion in first two months

The total trade volume between Cambodia and other countries around the world reached more than $6.8 billion in the first two months of 2023, down 21.8 percent when compared to the same period last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501254157/cambodias-trade-valued-at-over-6-8-billion-in-first-two-months/

GDCE reviews efficacy of trade facilitations

The General Department of Customs and Excise (GDCE) at a meeting on Tuesday with representatives of ministries, technical officials and members of express delivery companies discussed priorities, like the promotion of the cross-border e-commerce sector, use of risk management mechanisms, enhancing the effectiveness of tax ...

Hong Sovannary
https://www.khmertimeskh.com/501247700/gdce-reviews-efficacy-of-trade-facilitations/

Cambodia-India trade reaches $37M in January

In January 2023, the bilateral trade between Cambodia and India amounted to $37 million, according to the General Department of Customs and Excise’s report. ...

Chea Vanyuth
https://www.khmertimeskh.com/501243610/cambodia-india-trade-reaches-37m-in-january/

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