AKP Phnom Penh, January 29, 2025 — Cambodia exported US$4.41 billion worth of goods to the European Union (EU) last year, up 20.34 percent from US$3.66 million recorded in 2023, a report from the Ministry of Commerce showed.

The Kingdom’s imports from the EU inched down by 3.3 percent to US$917 million from US$949 million in 2023, read the report.

The two-way trade (exports and imports together) rose by 15.47 percent to US$5.32 billion, it added.

Spain and Germany were Cambodia’s biggest trade partners in the EU with bilateral trade volume of US$1,041 million and US$911 million respectively, the report stated.

Cambodia’s other destinations in the EU are France, Belgium and the Netherlands.

“The Kingdom’s trade with the EU accounted for 9.62 percent of the total trade of US$55.37 billion,” the source pointed out.

Cambodia mainly exports textiles, footwear, bicycles, foodstuffs, milled rice and other agricultural products to the EU under the EBA (Everything but Arms) scheme.

The surge in exports to the EU showed that Cambodia’s products are competitive and fulfill larger orders and meet growing European demand, said H.E. Penn Sovicheat, Secretary of State at the Ministry of Commerce.

“This sustained growth in exports indicates the increasing competitiveness of Cambodian goods in the European market,” he said.

By Chea Vannak