Market Update

In the first nine months, rubber exports bring in $320.5 million for Cambodia

Cambodia exported 242,304 tons of dry rubber in the first nine months of 2023, a 3.5% increase from 234,100 tons in the same period last year, according to a report from the General Directorate of Rubber. The country earned $320.5 million ...

20th October 2023

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Market Update

Cambodia FDI surges 27% in the first nine months of 2023, despite global economic turmoil

Cambodia has approved 191 new Foreign Direct Investment (FDI) projects from 2023 to September, a 27% increase on last year's approvals. The growth is driven by recent policy directives, despite global trade ...

19th October 2023

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Market Update

China will invest $3.6 billion to boost the Kingdom's energy sector

Cambodia's energy sector has received over $3.6 billion from Chinese corporations, thanks to Prime Minister Hun Manet's efforts at the 'Belt and Road Forum' in Beijing. Wang Bo, Chairman of China Machinery Engineering Corporation, ...

18th October 2023

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Market Update

Cambodia's tourist hub's newly opened airport is anticipated to boost the country's economy and tourism

Cambodia's Siem Reap Angkor International Airport (SAI), a Chinese-invested facility, has commenced operations, boosting tourism in the northwest province. The airport, which has a 3,600-meter runway, is a 4E-level international airport capable of ...

17th October 2023

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Market Update

A $1 billion bilateral-trade goal is set between Cambodia and Turkey

Deputy Prime Minister Chenda Sophea and Turkish Ambassador Ulku Kocaefe have discussed the cordial relations between the two countries as they prepare to celebrate the 65th anniversary of diplomatic ties next year. They expressed readiness to jointly launch activities ...

16th October 2023

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Market Update

Exports of garment, footwear, and travel goods from Cambodia have decreased 17.8% in the first nine months

Cambodia exported $8.14 billion worth of garment, footwear, and travel products to international markets in the first nine months of 2023, down 17.8% from the previous year, according to the Ministry of Commerce. Garments accounted ...

12th October 2023

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Market Update

In 2023 and 2024, the IMF expects Cambodia to have the fastest-growing economy in ASEAN

Cambodia's economy is expected to grow 5.6% this year and 6.1% next year, making it the fastest-growing economy in ASEAN for two consecutive years, according to the International Monetary Fund (IMF). The Philippines follows with growth of 5.3% ...

11th October 2023

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Market Update

$3.2 billion is made from exporting agricultural products

Cambodia exported 5.5 million tonnes of agricultural products in the first nine months of 2023, earning around $3.2 billion in revenue, according to a report from the Ministry of Agriculture, Forestry and Fisheries. The main products exported ...

10th October 2023

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Market Update

Cambodia experiences record growth in foreign investment

Cambodia has seen an 8.6% increase in fixed-asset investments worth $3.76 billion in the first nine months of 2023, compared to the same period last year. The Council for the Development of Cambodia (CDC) approved 191 investment ...

09th October 2023

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Market Update

In eight months, the Kingdom's export to RCEP reaches $5.2 billion

Cambodia's exports to the Regional Comprehensive Economic Partnership (RCEP) countries have seen a significant increase, reaching $5,261 million in eight months of 2022, a 22% increase from the same period last year. The RCEP free trade agreement, ...

06th October 2023

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