Cambodia's exports to EU total $1.44 billion in first four months

/ June 10, 2025


News Highlights

Economy and Industry

Cambodia's exports to EU total $1.44 billion in first four months Cambodia's exports to the European Union (EU) increased by 23% to $1,449 million in the first months of 2025, compared to the same period last year. However, the country's imports from the EU fell by 8.8% to $253 million from January to April. The two-way trade rose by 17% to $1,703 million. Spain and Germany were Cambodia's biggest trade partners in the EU, with bilateral trade volumes of $338 million and $337 million respectively. Other destinations in the EU include France, Belgium, and the Netherlands. Cambodia's trade with the EU accounted for 8.6% of the total trade during the period. The substantial rise in exports to the EU signifies the competitiveness of Cambodian products, allowing them to accommodate larger orders and cater to escalating European demand. The country primarily exports textiles, footwear, bicycles, foodstuffs, milled rice, and other agricultural products to the EU under the EBA (Everything but Arms) scheme. (Source: Khmer Times)

CDRI becomes member of ASEAN+3 Finance Think Tank Network Cambodia Development Resource Institute (CDRI) has joined the ASEAN+3 Finance Think Tank Network (AFTN), an initiative under the ASEAN+3 Macroeconomic Research Office's Strategic Direction 2030. AFTN aims to foster regional cooperation and dialogue, contributing to macroeconomic and financial stability in ASEAN+3. CDRI is honored to be part of AFTN, which has hosted over 60 events, including its flagship AFTN Seminar on population aging and technology development. The network has facilitated knowledge sharing, strengthened policy coordination, and enhanced capacity building across the region. CDRI, a non-profit research and development institute in Cambodia, focuses on producing independent, objective, and policy-relevant development research to inform policymakers and stakeholders. The institute's work aims to contribute to Cambodia's sustainable development in various areas, including agriculture, economics, education, natural resources, and governance. (Source: Khmer Times)

Major economic sectors set to leverage water data centre Cambodia's Minister of Water Resources and Meteorology, Thor Chetha, has emphasized the importance of the National Water Resources Management Data Center (NWRMDC) in promoting sustainable development of key economic sectors. The NWRMDC and the Water Resources Information System (WRIS) are being established to provide timely weather updates and more accurate risk forecasts for floods, droughts, and storms. The establishment aims to protect lives, property, and the social environment while contributing sustainably to the prevention, mitigation, and reduction of natural disasters. The NWRMDC also strengthens national and international cooperation in hydrology, meteorology, and climate-related matters, reducing economic losses in key sectors and ensuring long-term sustainable development. (Source: Khmer Times)

Corporate News

ABA Bank strengthens partnership with amt scholarship program ABA Bank has donated $100,000 to the Association of Samdech Akka Moha Sena Padei Techo Hun Sen and Samdech Kittiprittbandit Scholarship Students (AMT), marking the third consecutive donation to the organization. The donation handover meeting was presided over by H.E. Sok Puthyvuth, Vice President of AMT, and Askhat Azhikhanov, President and Chief Executive Officer at ABA Bank. The bank commended AMT for its dedication to providing underprivileged Cambodian students with access to higher education through prestigious scholarships, both locally and internationally. The bank expressed gratitude to the board and leadership of ABA Bank for their support, enabling the expansion of scholarship opportunities for Cambodian students and contributing to human resource development. (Source: Cambodia Investment Review)

Stock Market

CSX index gains 0.06% amid mixed trading On 10 June 2025, the CSX index rose by 0.06%, closing at 407.7 points. On the Main Board, GTI (+1.50%) and PPSP (+1.44%) were the gainers, while PPAP (-0.30%) recorded loss. PWSA, PAS, ABC, PEPC, MJQE, and CGSM remained unchanged. On the Growth Board, DBDE declined by 0.93%, while JSL saw no change. Total trading volume reached 41,374 shares, with a turnover of KHR 210 million. (Source: YSC Research)

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
407.67 0.06 41,374 10,934

Stock Performance

Stock Close (KHR) 1D chg (%) MTD chg (%) YTD chg (%) 1M high (KHR) 1M low (KHR) MTD vol (shr) Mkt cap (KHR'bn)
PWSA 6,320 0.00 0.00 -0.63 6,320 6,300 20,948 550
GTI 8,100 1.50 1.00 59.45 8,200 7,060 42,699 324
PPAP 13,380 -0.30 -0.15 -3.32 14,200 13,380 2,641 277
PPSP 2,120 1.44 0.00 -2.30 2,160 2,090 39,476 152
PAS 12,200 0.00 1.84 5.54 12,220 11,780 4,178 1,046
ABC 6,900 0.00 -0.29 -8.49 6,960 6,880 170,624 2,989
PEPC 2,670 0.00 -2.20 11.72 2,810 2,600 4,220 200
MJQE 2,020 0.00 0.00 -2.88 2,040 2,010 55,630 655
CGSM 2,420 0.00 -0.41 -0.41 2,450 2,410 30,926 4,741
DBDE 2,120 -0.93 -2.30 2.91 2,170 2,090 26,535 39
JSL 2,840 0.00 3.27 -16.96 2,880 2,600 9,984 73
1D = 1 Day; 1M= 1 Month; MTD = Month-To-Date; YTD = Year-To-Date; Chg = Change; Vol = Volume; shr = share; Mkt cap = Market capitalization


Valuation Ratios

  EPS BPS* P/E P/B P/S EV/EBITDA
  ttm,mrq (ttm,KHR) KHR (ttm,x) (mrq,x) (ttm,x) (ttm,x)
PPWSA 4Q24 978 11,199 6.46 0.56 1.73 13.23
GTI 4Q24 48 7,057 168.75 1.15 0.96 28.75
PPAP 4Q24 2,550 22,115 5.25 0.61 1.63 3.30
PPSP 4Q24 220 3,866 9.65 0.55 2.87 5.06
PAS 4Q24 1,478 8,224 8.26 1.48 2.28 8.10
ABC 4Q24 1,140 13,790 6.05 0.50 0.91 NA
PEPC* 1Q25 -1,009 -17 NA -155.12 4.67 NA
MJQE 4Q24 37 307 54.41 6.58 3.99 12.14
CGSM 4Q24 52 606 46.52 3.99 6.76 16.05
JSL 4Q24 14 685 202.82 4.14 4.06 18.19
DBDE 4Q24 23 1,840 92.75 1.15 0.55 8.36
NOTE: ttm= trailing-twelve months; mrq = most recent quarter; *FY ending in June, **excluding non-voting shares

Corporate Bonds

Trading Summary


Bond Symbol Trading Vol (Units) Trading Val (KHR'mn) Latest Yield Credit Rating Bond Feature Coupon Rate (%) Days to Maturity
ABC32A 0 0.0 - - khAA Subordinated Bond 8.50% 2,418
ABC32B 0 0.0 - - KhAA Subordinated Bond 8.50% 2,460
CGSM33A 0 0.0 - - KhAAA Sustainability Bond SOFR +3% or 5.5% per annum, whichever is higher 3,080
CIAF28A 0 0.0 - - KhAAA N/A 6.30% Annually 1,284
CIAF30A 0 0.0 - - KhAAA Guaranteed Bond 5.60% 1,731
GT27A 0 0.0 - - N/A Plain Bond, Green Bond 7% per annum 909
PPSP29A 0 0.0 - - KhAAA Guaranteed Green Bond Term SOFR + 1.5% 1,471
RRC32A 0 0.0 - - N/A Plain Bond 7% Annually 2,679
RRGO27A 0 0.0 - - KhAAA Guaranteed Bond SOFR+3,5% or 5% per annum (take which one is higher) 926
RRGT32B 0 0.0 - - KhAAA Guaranteed Bond SOFR+3,5% or 5% per annum (take which one is higher) and Year 6 to Year 10: SOFR+3,75% or 5% per annum (take which one is higher) 2,753
SNTD40A 0 0.0 - - N/A Green Infrastructure Bond 180-Day SOFR Average + 1.80% 5,405
SNTD40B 0 0.0 - - N/A Green Infrastructure Bond 180-Day Average SOFR + 1.60% (4.00% - 6.00%) 5,405
SNTD40C 0 0.0 - - N/A Green Infrastructure Bond 180-Day SOFR Average + 3.00% 5,405
Government Bonds

Historical Issuance Summary

  1 Y 2 Y 3 Y 5 Y 10 Y
Total issuance ('K units) 238.1 312.0 175.3 10.0 0.0
Outstanding (KHR'bn) 58.0 236.0 175.3 10.0 0.0
Issuance ('K units, Latest) 34.0 0.0 90.0 0.0 0.0
Coupon rate (Latest) 2.70% 3.20% 3.50% 4.75% 5.25%
Successful yield (Latest) 3.25% - 4.25% - -
Latest bidding 23-Apr-25 21-May-25 19-Mar-25 45,581 45,525
*Total issuance is the accumulated issuance since September 2022; **Outstanding is aggregate principal value of government that remain outstanding; ***Successful yield: mid yields are shown if multiple price auction method was adopted.


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