The MoU on the “Supply Contract of Cambodian Cashew Nuts” was signed on Wednesday at the Ministry of Commerce under the witness of H.E. Samheng Bora, Secretary of State and Chairman of the Export Promotion Task Force (EPTF).

The Ministry of Commerce said the achievement reflects the active coordination and business-matching efforts of the EPTF, which plays an important role in linking Cambodian exporters with international buyers.

The cooperation between the two companies is expected to support the continued growth of Cambodian cashew exports to the Chinese market, while also sending a positive signal to attract more Chinese investors to Cambodia and promote the broader expansion of the country’s agricultural exports globally, the Ministry underlined.

The signing ceremony took place following a meeting between H.E. Samheng Bora and a Chinese business delegation led by Mr. Jiang Xiaofei, Director of the Overseas Enterprise Expansion Working Committee of the China Institute for Innovation and Development Strategy (CIIDS). The delegation also included representatives from China Bonded Port Group Co., Ltd. and Men Sarun MDR Co., Ltd.

Senior officials from the Ministry of Commerce, including the Undersecretary of State, the Director General of Trade Promotion, and technical officers, also attended the meeting.

The discussions focused on strengthening and expanding bilateral economic, trade, and investment cooperation between Cambodia and China, particularly by exploring opportunities to increase Cambodian agricultural exports.

H.E. Samheng Bora welcomed the delegation and highlighted the importance of developing Cambodia’s agro-industry sector and value chains, which play a key role in the country’s sustainable economic growth.

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The Kingdom exported goods worth US$2.92 billion to international markets, up 26.6 percent year-on-year, while imports amounted to US$3.10 billion, an increase of 12.8 percent.

China remained Cambodia’s largest trading partner, with bilateral trade reaching US$1.90 billion. Of this amount, Cambodia exported over US$164 million worth of goods to China, while imports from China totalled US$1.74 billion.

The United States ranked second, with bilateral trade volume reaching about US$1.32 billion, marking a significant year-on-year increase of 48 percent. Cambodia exported US$1.28 billion worth of goods to the U.S., while imports from the U.S. stood at US$38 million.

According to the report, Cambodia’s trade with other major partners – including Vietnam, Japan, Canada, Spain, Indonesia, and the United Kingdom – also recorded strong growth during the period.

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The agreement was signed with a longan exporting company, marking a significant step in the commercial development of the premium fruit crop.

H.E. Khim Finan, Spokesperson of the Ministry of Agriculture, Forestry, and Fisheries, announced that the newly formed entity, named the Pailin Longan Modern Agricultural Community, comprises 86 families cultivating a total area of 600 hectares.

Under the terms of the contract, the community is projected to produce approximately 6,000 tonnes of Pailin longans annually for export.

To date, the Ministry has facilitated the creation of 30 modern farming communities across various sectors. Among these, ten are dedicated to vegetable production, as part of a national strategy to boost domestic supply and reduce dependency on imported produce.

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The report said domestic sales of rubber latex generated a gross revenue of approximately US$223 million.

The surge in local consumption has been driven largely by the presence of tyre manufacturing factories in the country, said Mr. Lim Heng, Vice President of the Cambodia Chamber of Commerce.

“Tyre factories use locally produced rubber latex as raw material for their production, thereby creating a stable market for rubber farmers and plantation owners,” he explained.

At present, seven tyre factories are operating in Cambodia, producing car tyres mainly for export to international markets.

According to the Ministry of Commerce, Cambodia exported tyres worth US$1.219 billion between January and November last year, marking a 57.8 percent increase from US$772 million in 2024.

Cambodia currently has a total rubber plantation area of 448,051 hectares, of which 346,842 hectares—about 77 percent—are mature enough for tapping, the report noted.

Meanwhile, rubber latex exports declined by 12 percent last year to 343,762 tonnes, generating approximately US$644 million.

Cambodia exports rubber latex mainly to Malaysia, Vietnam, Singapore, and China.

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The ministry’s figures show that Cambodia exported US$5.67 billion worth of goods to ASEAN partners last year, representing a 9.8 percent increase from 2024, while imports from ASEAN countries reached US$10.69 billion.

The ASEAN market accounted for 18.1 percent of Cambodia’s total export volume of US$31.28 billion in 2025, and 31.5 percent of the country’s total imports volume of US$33.96 billion, the report pointed out.

According to the source, Cambodia’s exports to ASEAN are mainly agricultural products such as paddy rice, milled rice, cashew nuts, rubber latex, cassava, and bananas.

H.E. Penn Sovicheat, Secretary of State and Spokesperson for the Ministry of Commerce, said the growth in ASEAN trade reflects Cambodia’s ability to maintain established markets while enhancing its role in regional and global supply chains.

“This growth reflects that Cambodia still maintain its important markets, including the global market, and increases Cambodia’s potential in the supply chain and ensures the confidence of buyers,” he said at the Ministry’s annual meeting last week.

In 2025, Cambodia’s total exports were recorded at US$31.28 billion, a year-on-year increase of 16.95 percent, while imports rose by 18.32 percent to US$33.96 billion, stated the report.

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The United States remained the largest market for Cambodian products, importing a total of US$10.42 billion, up 26.4 percent year-on-year, the report from the General Department of Customs and Excise of Cambodia stated.

Exports to Vietnam totalled US$3.14 billion, followed by China, Japan, and Canada with US$1.33 billion, US$1.3 billion, and US$1.06 billion, respectively, the same source added.

According to the Ministry of Commerce, Cambodia’s main export products include garments, machinery, electrical equipment, footwear, leather goods, grains, furniture, rubber, fruits, vegetables, pearls, toys, and textiles.

H.E. Penn Sovicheat, Secretary of State and Spokesperson for the Ministry, attributed the growth in exports to rising international demand for Cambodian-made products.

“The increase in exports reflects the strong demand for Cambodian products in foreign markets, particularly in the United States, the European Union, and RCEP member countries,” he said.

Meanwhile, Cambodia imported goods worth US$27.63 billion during the same period, up 17.7 percent year-on-year.

China remained the Kingdom’s largest source of imports with US$14.61 billion, followed by Vietnam and Thailand with US$3.44 billion and US$2.57 billion, respectively, the report pointed out.

Cambodia’s major imports include medicines and supplements, consumables, and food and beverages.

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The report indicated that Cambodia exported 5.28 million tonnes of non-rice crops, 5.2 million tonnes of paddy rice, and 590,000 tonnes of milled rice to 88 destinations worldwide. The total export volume represented a 30.4 percent increase compared to the same period in 2024.

Revenue from paddy rice exports amounted to US$1.05 billion, milled rice earned more than US$455 million, and other crops contributed over US$2.3 billion.

The Ministry of Economy and Finance has projected that Cambodia’s agricultural sector will grow by 1.1 percent in 2025 compared to last year.

The ministry noted that the crop sub-sector is expected to maintain positive growth thanks to ongoing domestic and foreign investment in agro-processing, increased public investment, government interventions such as concessional financing to boost domestic production, and the continued implementation of free trade agreements, which will help expand export markets.

In 2024, Cambodia exported a total of 11.7 million tonnes of agricultural products, up 39 percent from 2023, earning approximately US$4.8 billion.

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According to a report from the General Department of Customs and Excise of Cambodia, the United States remained the Kingdom’s largest export market, with a total value of US$8.3 billion, up 23.2 percent year-on-year.

Vietnam ranked second with exports worth US$2.7 billion, an increase of 11.5 percent, followed by China and Japan, each absorbing more than US$1 billion. Spain was another major destination, importing approximately US$770 million worth of Cambodian products.

Other key markets included the United Kingdom, Thailand, France, Belgium, Italy, South Korea, Mexico, and Australia.

The country’s main export products were garments, travel goods, footwear, cereals, rubber, furniture, electrical machinery and equipment, parts of electrical equipment, and fruits.

During the same period, Cambodia imported US$21.96 billion worth of goods from its trading partners, up 16.2 percent compared to last year.

This brought the Kingdom’s total trade volume to US$42.15 billion, representing a year-on-year growth of 15.5 percent.

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The signing ceremony took place in Phnom Penh on Aug. 21 under the presidency of H.E. Mrs. Cham Nimul, Minister of Commerce, and H.E. Zhou Yijue, Secretary-General of the Party Committee and Director of the General Office of Guangxi Zhuang Autonomous Region, joined by representatives of COFCO Biotechnology Co., Ltd.

This MoU builds on a previous agreement signed in March this year for the export of 200,000 tonnes of dried cassava to China, reflecting steady progress in bilateral cooperation, growing confidence in Cambodian agricultural products, and a significant step forward in advancing trade ties between the two countries.

The agreement also highlights the Royal Government’s efforts, through the Ministry of Commerce, to promote local products, expand and diversify export markets, and strengthen production and processing capacity to meet international quality standards within regional and global supply chains.

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According to a joint press release AKP received on Aug. 14, the deal was made possible with strong support from Australia through the Cambodia Australia Partnership for Resilient Economic Development (CAPRED) programme. CAPRED supported RTT and other Cambodian agribusinesses with targeted export readiness and market linkage assistance.

The shipment was inaugurated by representatives from the Australian Embassy, the Ministry of Commerce, RTT, and Khmer Enterprise. The event, held in Phnom Penh, underscored the growing Cambodia–Australia cooperation to boost trade and enhance the competitiveness of Cambodian exports.

RTT is exporting over 12 metric tonnes of nuts and dried fruit to Australia, and the shipment includes cashew nuts, dried mangoes, dried jackfruit, and banana and taro chips. A second shipment is already being planned, with an expanded product range and increased volume.

H.E. Derek Yip, Ambassador of Australia to the Kingdom of Cambodia, said, “Australia is partnering with Cambodia and Cambodian businesses to boost trade competitiveness and break into new markets. These efforts will help support Cambodia’s ambitions to successfully graduate from Least Developed Country status. They will also increase bilateral trade between our two nations. We are committed to deepening our economic partnership with Cambodia and facilitating Cambodia’s integration into regional and global value chains.”

H.E. Samheng Bora, Secretary of State at the Ministry of Commerce, said, “Collaborative efforts to boost the export of Cambodian-made products are vital to advancing Cambodia’s agro-processing sector, especially in today’s uncertain global trade environment.”

He spoke highly of the strong support of the Australian Government to make the export of Cambodian dried fruit to Australia possible and was confident that that economic resilience between the two countries will continue to endure and strengthen.’

Mr. Chhin Sophal, Chairman of RTT, noted that the shipment demonstrates the growing capability of local enterprises to meet global demand, and more Cambodian products will soon find their way onto Australian shelves and beyond.

Bilateral trade between Cambodia and Australia reached US$ 1.1 billion in 2024, over 70 percent of which was comprised of Cambodian exports to Australia.

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