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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.