Research

Our research reports provide comprehensive, up-to-date
information and analysis on the Cambodian economy in regional
and global context, selected industries, and the equity market in Cambodia.

Market Update

Cambodia-China trade volume hits $5.6 billion in first four months of 2025

Cambodia's bilateral trade with China surged past $5.69 billion in the first four months of 2025, marking a 27% increase compared to the same period last year ($4.48 billion). However, Cambodia's exports to China saw a slight YoY decline of 1.7%, totaling $478.63 million, while imports from China rose significantly by 30.5% YoY, reaching $5.21 billion. This data underscores the deepening economic ties between the two nations, with China remaining one of Cambodia's largest trading partners and ...

Cambodia's bilateral trade wit...

May 19, 2025

Market Update

Asian Development Bank backs Cambodia's economy but warns about tariff negotiations

The Asian Development Bank (ADB) has reaffirmed its support for Cambodia's economic development while cautioning against potential risks from ongoing U.S. tariff negotiations. The ADB Vice-President emphasized that strategic initiatives such as digital development and a major initiative on food security underscore the organization's commitment to fostering sustainable growth and resilience throughout Asia and the Pacific in the coming years. Addressing concerns about ...

The Asian Development Bank (AD...

May 13, 2025

Market Update

Cambodia's export performance: 14% YoY growth in the first four months of 2025

Cambodia's exports rose by 14% YoY during the January-April 2025 period, reaching $9.13 billion. Key export sectors included garments, footwear, travel goods, bicycles, solar panels, and agricultural products such as rice, rubber, and mangoes. The United States, Vietnam, Japan, and China were the top export destinations, underscoring Cambodia's integration into global supply chains. The growth was bolstered by trade agreements like ...

Cambodia's exports rose by 14%...

May 12, 2025

Market Update

Cambodia's tax revenue rises to $1.25 billion in Q1 2025

The General Department of Taxation (GDT) reported a robust collection of $1.25 billion in tax revenue during the first quarter of 2025, signaling a strengthening economy post-pandemic. Tax revenue collected between January and March totaled $1.253 billion, achieving 30.88% ...

The General Department of Taxa...

May 9, 2025

Market Update

Cambodia attracts $3.4 billion in foreign direct investment in early 2025

Cambodia approved 231 investment projects worth $3.4 billion in the first four months of 2025, which reflected a 34% increase compared to the same period in 2024. China remained the leading investor, reinforcing its economic influence in the region. In the month of April, the Council ...

Cambodia approved 231 investme...

May 8, 2025

Market Update

Increased vehicle imports reflect growing demand for family cars in Cambodia

According to a report by Cambodia's General Department of Customs and Excise, vehicle imports in the country reached 554million in the first quarter of this year, marking a 51% increase from the $366 million recorded during the same period last year. Cambodia is now home to several vehicle assembly plants, including Ford, Toyota, Hyundai, and Isuzu, with BYD currently building its factory in a special economic zone in Preah Sihanouk province. The rise in vehicle assembly investments is driven ...

According to a report by Cambo...

May 7, 2025

Market Update

Corporate bond market in Cambodia surpasses $368 million in capital raised

Cambodia's corporate bond market has demonstrated significant growth, with total capital raised exceeding $368 million. This milestone reflects increasing investor confidence in the country's financial instruments and the broader economic landscape. The Securities and Exchange Regulator of Cambodia (SERC) reported ...

Cambodia's corporate bond mark...

May 6, 2025

Market Update

Cambodia and the U.S. set to launch trade negotiations in mid-May

Trade discussions between Cambodia and the United States are scheduled to take place in Washington, D.C., on May 14-15, 2025. These talks aim to strengthen bilateral economic relations, explore new trade opportunities, and address existing trade barriers. Key topics ...

Trade discussions between Camb...

May 5, 2025

Market Update

Cambodia expands agricultural exports to global markets

Cambodia exported agricultural products to 95 countries last year, generating $5.2 billion in revenue, according to an official from the Ministry of Agriculture, Forestry, and Fisheries (MAFF). The country shipped 12 million tonnes of produce, out of a total ...

Cambodia exported agricultural...

May 2, 2025

Market Update

Cambodia and Vietnam strengthen trade ties with $20 billion goal

Cambodia and Vietnam are intensifying their economic partnership with the ambitious goal of achieving $20 billion in bilateral trade. This collaboration reflects the growing interdependence between the two neighboring countries, which have seen significant increases in trade volume over recent years. Key exports from Cambodia to Vietnam include agricultural ...

Cambodia and Vietnam are inten...

April 30, 2025