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The US and Vietnam together held a 50.20 per cent market share of Cambodia’s goods exports in the first four months of 2023, making them the Kingdom’s top two destinations in that order for the fourth consecutive January-April period, according to Customs (GDCE) data compiled in “International Merchandise Trade Statistics” bulletins.

Cambodian goods exports to Australia reached $118.735 million in the first four months of 2023, down nearly 6.05 per cent year-on-year from $126.380 million and down 9.37 per cent half-on-half (compared to July-October 2022) from $131.01 million,

The value of goods traded between Cambodia and Japan reached $573.101 million in the first four months of 2023, a 9.8 per cent reduction from the $635.613 million registered for the same time last year, according to provisional Customs (GDCE) data. Japan was the Kingdom’s fifth biggest trading partner for the period, after mainland China, the US, Vietnam and Thailand.

The Cambodia Chamber of Commerce (CCC) has revealed that it is considering a proposal by a Hong Kong business delegation to open a representative office in the Chinese special administrative region (SAR) to serve as a trade and investment gateway connecting the city to regional markets and beyond.

A prominent Russian lawmaker has expressed his commitment to lure more enterprises from his country to invest in and do business in Preah Sihanouk province, especially in fields such as technology and heavy industry, according to a senior provincial official.

Major Turkish business players are entertaining investment opportunities in the Cambodian construction, energy and mineral resources markets, according to the Cambodia Chamber of Commerce (CCC) on February 26.

The enactment of the new investment law, along with the success of the Covid-19 vaccination campaign, is creating an ever-growing pool of rewarding investment opportunities in the Kingdom, according to Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea.

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Share Minister of Foreign Affairs and International Cooperation Prak Sokhonn (right) meets his East Timorese counterpart Adaljiza Magno via video link on Thursday. FOREIGN MINISTRY Kingdom, East Timor renew trade, investment vows Sun, 28 February 2021 Cambodia and East Timor on February 25 reaffirmed their commitment to deeper trade and investment ties in a bid to increase bilateral trade, while progress on a deal to export the Kingdom’s milled rice to the ASEAN candidate remains stalled. The...