Market Update

In ten months, Cambodia's exports reach $18.5 billion

In the first ten months of 2022, Cambodia's exports reached $18.59 billion, reflecting a 0.2% increase compared to the same period last year. Key exports included apparel, footwear, travel goods, bicycles, as well as agricultural products like ...

13th November 2023

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Market Update

Total revenue for the central government is $4.6 billion as of September 2023

Cambodia's budgetary central government (BCG) revenue reached over $4.6 billion in the first nine months of 2023, reaching 73% of the financial target. From January to September, the government amassed 19.107 trillion riels, representing 72.8% ...

10th November 2023

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Market Update

The PM says Preah Sihanouk will serve as the nation's center for logistics

Cambodia's Prime Minister Hun Manet has launched a master plan to develop the coastal Preah Sihanouk province as the country's logistics hub. The Ministry of Public Works and Transport (MPWT) is tasked with developing railway ...

08th November 2023

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Market Update

In ten months, rice exports bring in $450 million

Cambodia has reported a revenue of $450 million in the first ten months of the current year from approximately 530,000 tonnes of milled rice. The country's rice exports, primarily from various varieties, reached $708 million in neighboring countries ...

07th November 2023

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Market Update

Cambodia looks to the future of joint energy

Cambodia and Thailand are collaborating on a Joint Development Area (JDA) for oil and gas exploration within the Overlapping Claims Area (OCA), which could hold up to 500 million barrels. The area is expected to contain significant oil and gas ...

03rd November 2023

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Market Update

The IMF expects Cambodia's economy to continue to recover

The International Monetary Fund (IMF) has assessed Cambodia's economy and predicted growth in the coming years. The country's economy experienced an acceleration in 2022, with a growth rate of 5.2%. The IMF projects that Cambodia's economy ...

02nd November 2023

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Market Update

$2.8 billion in taxes collected in nine months

Cambodia's General Department of Taxation (GDT) collected $2.8 billion in tax revenue in the first nine months of 2022, a 4.7% increase from the previous year. The increase was attributed to tax system reforms, including providing services ...

01st November 2023

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Market Update

Global economic pressures are placed on garment exports

Cambodia experienced a 17% decrease in apparel and clothing accessories exports in the first nine months of 2023 compared to the same period last year. However, exports have shown signs of recovery in recent months, according to the General ...

31st October 2023

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Market Update

GDP per capita in Cambodia is expected to reach $2,071 in 2024

Cambodia's GDP per capita is expected to reach $2,071 in 2024, up from $1,917 in 2023, according to a report from the Ministry of Economy and Finance. The economy is expected to grow 6.6% next year, driven by garment exports, tourism, ...

30th October 2023

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Market Update

Cambodia's $5.8 billion in exports to RCEP nations increase by 23%

Cambodia's exports to the Regional Comprehensive Economic Partnership (RCEP) countries increased by 23% in the first nine months of 2021, according to a Ministry of Commerce report. The country exported $5.8 billion worth ...

27th October 2023

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