News

Cambodia-Thailand trade surpasses $1.7 billion in first five months

Bilateral trade between Cambodia and Thailand crossed $1.7 billion in the first five months, an increase of 1.73 percent compared to the same period last year, said a report of the General Department of Customs and Excise of the Ministry of Commerce. ...

Mom Kunthear
https://www.khmertimeskh.com/501511502/cambodia-thailand-trade-surpasses-1-7-billion-in-first-five-months/

Cambodia records trade surplus with Vietnam

Cambodia has recorded a trade surplus with Vietnam in the first five months of 2024, making Vietnam the second biggest market for Cambodia’s products after the US. ...

Chea Vanyuth
https://www.khmertimeskh.com/501505080/cambodia-records-trade-surplus-with-vietnam/

Increased iron, steel imports hint at construction sector revival

Cambodia imported iron and steel worth close to $168 million in the first four months of 2024, the General Department of Customs and Excise (GDCE) reported recently. ...

James Whitehead
https://www.khmertimeskh.com/501504480/increased-iron-steel-imports-hint-at-construction-sector-revival/

Bicycle exports down 37 percent in Jan-May

Cambodia’s bicycle exports fell 37 percent year-on-year in the first five months this year, said a report of the General Department of Customs and Excise (GDCE). ...

Chea Vanyuth
https://www.khmertimeskh.com/501505084/bicycle-exports-down-37-percent-in-jan-may/

Cambodia’s GFT exports jump 20.69 percent

The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...

Manoj Mathew
https://www.khmertimeskh.com/501503732/cambodias-gft-exports-jump-20-69-percent/

Import tax debate sparks furore in Tbong Khmum

Vendors in Tbong Khmum province’s Memot district are waiting for the return of hundreds of new and used mobile phones which were seized by local customs officials last week. ...

Niem Chheng
https://www.phnompenhpost.com/national/import-tax-debate-sparks-furore-in-tbong-khmum

GDCE workshop updates officials on e-payment

In an effort to ensure customs and excise officials are updated on the latest in payments, the National School of Customs, General Department of Customs and Excise of Cambodia (GDCE), on Monday organized a workshop. ...

Rachel David
https://www.khmertimeskh.com/501496412/gdce-workshop-updates-officials-on-e-payment/

Cambodia’s trade with Vietnam rises nearly 25%

Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period ...

Manoj Mathew
https://www.khmertimeskh.com/501474739/cambodias-trade-with-vietnam-rises-nearly-25/

Garment, footwear exports up 20% to $2.9B in Q1

Cambodia exported garment, footwear and travel goods worth 20 percent more than $2.9 billion in the first quarter, as per a report from the General Department of Customs and Excise. ...

Rachel David
https://www.khmertimeskh.com/501474747/garment-footwear-exports-up-20-to-2-9b-in-q1/

Kingdom’s export to EU up 11.9 percent in Q1

Cambodia exported $903 million worth of goods to the European Union (EU) up 11.9 percent from the $807 million in the same period last year, a report of the General Department of Customs and Excise revealed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501474745/kingdoms-export-to-eu-up-11-9-percent-in-q1/

Cambodia’s bicycle export down 43 pct in Q1

Cambodia’s bicycle export fell 43 percent year on year in the first quarter of 2024, said a General Department of Customs and Excise’s report on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501473617/cambodias-bicycle-export-down-43-pct-in-q1/

Stringent rules for meat importers soon, says GDCE

The General Department of Customs and Excise (GDCE) of Cambodia said that after a meeting with meat importers, it will be setting more stringent guidelines and conditions for those operating in this sector. ...

Rachel David
https://www.khmertimeskh.com/501470201/stringent-rules-for-meat-importers-soon-says-gdce/

Cambodia’s rubber article exports rise 90 percent

Cambodia earned $215 million from the exports of rubber articles in the first two months of this year, an increase of 90 percent compared to the same period last year, according to the latest trade data of the General Department of Customs and Excise (GDCE). ...

Manoj Mathew
https://www.khmertimeskh.com/501458804/cambodias-rubber-article-exports-rise-90-percent/

Bilateral trade with Thailand nearly $342M

Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m

US lead purchaser of Cambodian goods in January

The US emerged as the leading buyer of Cambodian exports in the first month of 2024, with purchases nearing $630 million, approximately a third of the country’s total exports to the global market, as reported by the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/us-lead-purchaser-of-cambodian-goods-in-january

Cambodia collects nearly $6 billion in taxes in 2023

Cambodia earned $5.9 billion in revenues from all kinds of taxes in 2023, a 3.9 percent decrease compared to $6.14 billion in 2022, as per an official report released on Friday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501442033/cambodia-collects-nearly-6-billion-in-taxes-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 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’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/

Cart Tire revving up to raise capital investment to $700M

A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/cart-tire-revving-up-to-raise-capital-investment-to-700m

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

Tina leading efforts to see off challenges to meat sector

The Ministry of Agriculture, Forestry and Fisheries convened a meeting to discuss issues related to meat production in Cambodia. The participants sought to devise solutions to the current market, which has seen lower than normal prices. ...

Van Socheata
https://www.phnompenhpost.com/business/tina-leading-efforts-to-see-off-challenges-to-meat-sector

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