PHNOM PENH: The Ministry of Commerce has unveiled the “2024 E-Commerce in Cambodia Report,” a crucial resource intended to guide policymakers, businesses, and development partners in advancing Cambodia’s e-commerce sector.
The official launch, held on February 24th, was presided over by H.E. Mrs. Cham Nimul, Minister of Commerce, and attended by key figures from various ministries, institutions, academia, and the private sector.
The report reveals significant growth in Cambodia’s e-commerce market, which was valued at $1.51 billion in 2024, up from $1.29 billion in the previous year. Projections indicate that e-commerce revenue is expected to reach $1.78 billion in 2025.
“The Ministry of Commerce is taking decisive steps to become more fit-for-purpose in supporting Cambodia’s E-commerce and digital trade ambitions,” H.E. Minister Cham Nimul stated. “By strengthening its institutional capacity, the ministry aims to provide more dedicated and targeted support to the industry, ensuring that businesses and consumers alike can fully leverage the opportunities presented by digital transformation.”
“The comprehensive report will serve as an important reference for policymakers, businesses, and development partners seeking to advance Cambodia’s E-commerce agenda,” she added. “The 2024 E-commerce Report provides a comprehensive analysis of Cambodia’s E-commerce landscape and outlines key considerations for the expansion of E-commerce and digital trade.”
Produced by PROFITENCE (Cambodia) Co., Ltd., the report is based on extensive consumer surveys and expert interviews, providing actionable recommendations tailored to the Cambodian context. It addresses both the opportunities and challenges faced by businesses and policymakers in the digital trade space.
“As Cambodia continues to deepen its digital integration, the evolution from E-commerce to a broader digital trade ecosystem will be instrumental in ensuring long-term economic resilience and global competitiveness,” the minister said, highlighting the report’s timely release as Cambodia progresses towards LDC graduation in 2029.
The report emphasizes the need for nationwide inclusivity, recommending improvements in infrastructure, strengthened regulations, localized strategies, and enhanced consumer education to ensure equitable access to the benefits of e-commerce and digital trade.