Cambodia Records Over $12 Billion in Garments, Shoes, and Travel Goods Exports in Jan-Sep 2025

Economy and Industry

Cambodia Records Over $12 Billion in Garments, Shoes, and Travel Goods Exports in Jan–Sept 2025 Cambodia's garment, textile, footwear, and travel goods exports reached $12.2 billion in the first nine months of 2025, a 16.7% increase from the previous year. Garments worth $8.63 billion were exported during the January-September period, while textiles worth $505 million were shipped to international markets. Footwear exports increased by 26.7%, and travel goods and bags were sold to international markets by 3.2%. The garment, textile, footwear, and travel goods sector is the largest foreign exchange earner for Cambodia, with over 1,500 factories and branches employing over 900,000 workers, mainly women. Thong Mengdavid, a lecturer at the Royal University of Phnom Penh, believes the robust growth in Cambodia's light manufacturing exports indicates a solid post-pandemic recovery and market diversification beyond traditional partners. However, sustaining double-digit growth will require innovation, digital transformation in production, and higher value-added manufacturing. (Source: Khmer Times)

Cambodia Sees 12.3% Drop in Diesel, Gasoline, and Combustion Gas Imports Over Nine Months Cambodia's total imports of diesel fuel, gasoline, and combustion gas decreased by 12.3% in the first nine months of 2025, according to a Ministry of Commerce report. The value of these imports was $1.84 billion, down 12.3% from $2.1 billion in the same period last year. The kingdom spent $992.5 million on importing diesel fuel, $592.5 million on gasoline, and $255 million on combustion gas, up 2.8%. The decline in fuel imports suggests easing global oil prices, improving energy efficiency, and the growing role of renewable energy and hydropower in domestic consumption. The decrease also reflects slower industrial fuel demand amid moderate growth in construction and logistics sectors. Cambodia's energy security strategy could further reduce dependence on imported fossil fuels, aligning with its green growth goals. (Source: Khmer Times)

CGCC Strengthens SME Access to Finance with $420 Million in Guarantee The Credit Guarantee Corporation of Cambodia (CGCC), established in November 2020, has become Cambodia's primary credit guarantee institution. Its mandate is to promote financial inclusion and strengthen the SME sector, which is considered the backbone of the national economy. The CGCC has provided credit guarantees worth $420.26 million until September end, benefiting 7,327 businesses. The portfolio guarantee (PG) accounted for the largest share of approved loans at 63% ($265.82 million), followed by the wholesale guarantee (WG) at 20% ($83.37 million) and the individual guarantee (IG) at 17% ($71.07 million). The total outstanding guaranteed amount increased from $111.06 million in January to $169.67 million by the end of September. The CGCC's guarantee portfolio includes both KHR (riel) and USD loans, with KHR loans totaling 274.2 billion riel and USD loans amounting to $351.89 million. The non-performing guarantee (NPG) ratio was reported at 7.82 percent, indicating a manageable level of credit risk amid economic recovery. The CGCC has also guaranteed $10 million in bonds, further strengthening its role in fostering financial inclusion and supporting the private sector's access to financing. (Source: Khmer Times)

Corporate News

ABA PayWay Marks Milestone as Cambodia’s First Shopify Payment Gateway ABA Bank, Cambodia's leading financial solution provider, has successfully integrated ABA PayWay with Shopify, the world's leading e-commerce platform. This marks the first Cambodian payment gateway officially available on Shopify, advancing the country's digital commerce ecosystem. Local merchants can now manage their online stores on Shopify while accepting fast, secure, and convenient payments through ABA PayWay. Supported payment methods include ABA KHQR, ABA Pay, Visa, Mastercard, WeChat Pay, UPI, and JCB. Transactions are settled directly into merchants' ABA Bank accounts, providing a seamless and efficient way to manage sales and cash flow within one trusted financial platform. Previously, Shopify merchants in Cambodia had to rely on foreign payment gateways or workaround solutions that were often costly, complex, and not optimized for the local market. This partnership is a game-changer for Cambodia's entrepreneurial community and contributes to the growth of Cambodia's digital economy by making e-commerce more accessible, inclusive, and competitive. (Source: Cambodia Investment Review)

Stock Market

CSX index closed the week down slightly On October 24, 2025, CSX experienced a slight downturn, with the Current Index closing at 403.56, marking a decrease of approximately 0.005%. The day began at an Opening price of 403.38 and saw a trading range between a High of 405.29 and a Low of 403.02. Despite the minor dip, trading volume remained moderate at 66,765 shares, resulting in a Trading Value of 254,794,150 KHR and a Market Cap of 10,823,986 million KHR. This performance follows a generally stable week for CSX, with previous days showing slight positive or negligible changes. (Source: YSC Research)

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