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The International Trade Council Team

Archive for the ‘Cambodia’ Category

Cambodia’s garment, footwear, and travel goods exports have surged impressively in the first eleven months of 2024, reflecting the country’s growing importance in global trade. Export revenues from these sectors rose by over 25%, reaching $12.51 billion, which accounts for more than half of the nation’s total export earnings. This significant growth underscores Cambodia’s position […]

Agricultural Exports, Cambodia, News

December 6, 2024

Cambodia is making impressive strides in global trade, with a record $1.79 billion earned from paddy and milled rice exports in the first eleven months of 2024. According to a report from the Cambodia Rice Federation, the Kingdom exported 575,562 tonnes of milled rice to 67 countries, contributing significantly to its trade growth. Although there […]

Agricultural Exports, Cambodia, News

November 8, 2024

Cambodia’s rice export sector has reached a new milestone, with the country earning over $1.5 billion from the export of paddy and milled rice in the first ten months of 2024. This achievement highlights the Kingdom’s growing role in the global agricultural trade.   Between January and October, Cambodia exported 502,029 tonnes of milled rice […]

Cambodia, Energy Trade, News

October 21, 2024

Cambodia is making significant strides in renewable energy by planning to import over 600 megawatts (MW) of clean power from its neighboring countries, including Laos, Vietnam, and Thailand. Energy Minister Keo Rottanak announced this exciting development, which represents a remarkable increase of more than 50% in the country’s contracted import capacity.   Starting in 2026, […]

Agricultural Exports, Cambodia, News

October 21, 2024

Cambodia has reported remarkable growth in its rubber export sector, with a total of 248,535 tonnes of rubber products exported, generating over $397 million in revenue during the first three quarters of 2024. This increase marks a 2.42 percent rise compared to the same period in the previous year, according to a recent report from […]

Cambodia, International Trade, News

February 14, 2024

According to an official report released on Monday, Cambodia’s foreign trade volume witnessed a significant increase, reaching $4.05 billion in January 2024, marking a notable uptick of 16.7% compared to the same period last year.   The report from the General Department of Customs and Excise highlights that Cambodia’s total exports in January amounted to […]

Cambodia, News, Trade Relations

July 26, 2023

The International Trade Council is pleased to announce that Cambodia has recently ratified a new Rules of Origin (ROO) law on July 5, 2023, in alignment with World Trade Organization (WTO) benchmarks. Key Highlights of the New Law: Uniform Criteria for Product Source Identification: This legislation furnishes businesses with a comprehensive and uniform criterion for […]

Cambodia, Europe, News, Sanctions

August 13, 2020

The International Trade Council announces that the European Union has formally adjusted its trade relationship with Cambodia, moving away from its preferential trade programme, the Everything but Arms (EBA) agreement. The decision, resulting from Cambodia’s persisting systemic human rights violations, reinstates custom duties on a significant proportion of Cambodia’s exports to the EU. Under the […]