Business News

US$8.1 Billion Recorded as Cambodia-China Trade Volume in 2020

AKP Phnom Penh, March 05, 2021 -- The bilateral trade between Cambodia and China last year was valued at US$8,118 million, sliding down 5.2 percent compared to a year earlier. According to the data from the Ministry of Commerce, Cambodia’s exports to the world’s second largest economic nation in 2020 saw a year-on-year increase by 8.1 p...

Some 1.6 Million Tonnes of Agricultural Products Exported in First Two Months

AKP Phnom Penh, March 03, 2021 -- Cambodia exported 1,599,922.37 tonnes of agricultural products, besides milled rice, to 25 countries during the first two months of this year, despite the global COVID-19 crisis. Report from the Ministry of Agriculture, Forestry, and Fisheries (MAFF) shows the export of agricultural products in January and Fe...

Cambodia Generates Almost US$65 Million from Milled Rice Exports in First Two Months

AKP Phnom Penh, March 03, 2021 -- Cambodia’s gross revenue from rice exports in the first two months of this year declined by 44.16 percent compared to the same period in 2020. The figure from the Cambodia Rice Federation (CRF) shows that the Kingdom earned US$64.53 million from the exports of 76,222 tonnes of milled rice exports. Cambodia...

Cambodia-EU Trade Valued at US$3.8 Billion in 2020

AKP Phnom Penh, March 02, 2021 -- The bilateral trade between Cambodia and the European Union was recorded at US$3.8 billion in 2020, data from the Ministry of Commerce shows. From January to December last year, Cambodia exported US$3.2 billion worth of goods to the EU, which composed of 27 countries, while imported US$659 million worth...

CDC Grants Investment Licenses to Two Private Companies

AKP Phnom Penh, March 01, 2021 -- Two private companies – Ocean Apparel Manufacturing Co., Ltd., and Glamor Glass Co., Ltd., have just received green light from the Council for the Development of Cambodia (CDC) for their investment projects. According to a CDC’s press release issued late last week, the first company will invest US...

Cambodia’s Trade with South Korea Recovers

AKP Phnom Penh, February 26, 2021 -- Bilateral Trade between Cambodia and South Korea has shown sign of recovery after experiencing a decline in 2020 due to COVID-19 pandemic. According to the data from Korea International Trade Association (KITA), the two-way trade between the two countries rose by 8.2 percent to US$84.6 million in Jan...

Two-way Trade between Cambodia and Japan Reaches US$2 Billion in 2020

AKP Phnom Penh, February 25, 2021 -- The Cambodia-Japan bilateral trade was recorded at US$2,099 million last year, a decrease by 8 percent compared to that in 2019. Data from Japan External Trade Organisation (JETRO) showed that Cambodia exported US$1,615 million worth of products to this East Asian country, a year-on-year decrease of 6.7 pe...

A US$15 Million Tire Project in Svay Rieng Province Approved

AKP Phnom Penh, February 19, 2021 -- A US$ 15 million cart tire factory will be built in Qilu Bavet Special Economic Zone, Svay Rieng province, creating 380 jobs for the locals. The information was shared in a press release of the Council for the Development of Cambodia (CDC) this afternoon following the approval of the investmen...

Cambodia’s Rubber Export Valued at Some US$85 Million in First Month

AKP Phnom Penh, February 16, 2021 -- Cambodia exported some 52,711 tonnes of rubber in January, generating around US$85 million for the national income. The update was shared yesterday by the Ministry of Agriculture, Forestry and Fisheries, adding that during the first month of this year, a tonne of rubber cost US$1,603 on average, a year-on-...

Cambodia’s Export to U.S. Remains Strong in 2020

AKP Phnom Penh February 09, 2021 -- Cambodia’s export to the U.S. in 2020 remained strong despite the COVID-19 crisis, while that to other main destinations saw a decline. Figures from the U.S. Census Bureau showed that last year, Cambodia exported US$6,577 million worth of goods to the world largest economy, up 22.8 percent compared to 2019....

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