The meeting was co-chaired by Her Excellency TEKRETH Kamrang, Secretary of State of the Ministry of Commerce.

The meeting focused on key project activities, with a particular emphasis on the promotion of exports of target products, including cashews and pepper. Other topics included:

• Formulating and implementing trade policies in preparation for Cambodia’s graduation from Least Developed Country (LDC) status.
• Negotiating the ASEAN Digital Trade Framework Agreement.
• Strengthening trade competitiveness for small and medium-sized enterprises (SMEs).

The committee reviewed the progress of these activities and provided strategic guidance to ensure the successful implementation of the project’s next steps.

Cambodia’s Push for Cashew Processing

The focus on cashew exports aligns with Cambodia’s national strategy to become a global leader in cashew production and processing. Prime Minister Hun Manet has highlighted the importance of increasing high-value production to create jobs, boost farmers’ incomes, and strengthen Cambodia’s role in the global cashew market.

Prime Minister Hun Manet recently noted that cashews are a high-potential agricultural product and that the Royal Government is implementing policies to promote investment in domestic processing facilities. This will help generate employment, increase added value, and enhance exports.

Cambodia has a vast potential for cashew cultivation across multiple provinces. In 2024, the country became the world’s second-largest producer of raw cashew nuts, with a total output of 850,000 tonnes, a 26% increase from the previous year. The country currently has over 580,000 hectares of cashew plantations.

The post EU-German GATE’s 2nd PSC Meeting Focuses on Promoting Cashew Exports first appeared on Estatedia | Economy & Real Estate Media in Cambodia.

The meeting, held this Tuesday morning, July 29, 2025, saw Minister of Commerce Cham Nimol welcome Mr. Soo Wei Chieh, Executive Director of International Business and head of the SBF delegation.

Minister Nimol expressed appreciation for the delegation’s visit and their clear interest in Cambodia’s economic landscape. She highlighted the Royal Government’s ongoing efforts to enhance the business and investment environment, streamline trade, diversify the economy, and increase competitiveness. The Minister also underscored initiatives aimed at strengthening existing markets and actively developing new ones, presenting a clear vision for growth.

Mr. Soo Wei Chieh, speaking for the Singapore Business Federation, conveyed his deep gratitude to the Minister for the productive engagement. He praised the Royal Government’s commitment to fostering the private sector’s role in economic growth, specifically acknowledging the support for businesses and investors through various government incentives and new initiatives.

The meeting concluded with Minister Nimol reaffirming the Ministry of Commerce’s dedication to facilitating and supporting Singaporean businesses and investors in Cambodia, signaling a continued strong partnership between the two nations.

The post Singapore Business Leaders Explore New Opportunities in Cambodia first appeared on Estatedia | Economy & Real Estate Media in Cambodia.

During the meeting, Ms. Sargent introduced herself in her new role and briefed the Minister on VISA Cambodia’s ongoing work and strategic priorities, particularly in support of trade development for micro, small, and medium enterprises (MSMEs).

In response, H.E. Mrs. Cham Nimul commended VISA Cambodia for its contributions to national development through collaboration with relevant ministries and government institutions. She highlighted the company’s support in promoting women’s and youth entrepreneurship, as well as efforts to advance digital and financial literacy in Cambodia.

The Minister welcomed VISA Cambodia’s initiatives and encouraged further cooperation with the Ministry of Commerce to help foster e-commerce development and boost MSME participation in international trade and trade fairs hosted or attended by the Ministry.

The post Cambodian Commerce Minister Meets New Country Manager of VISA Cambodia first appeared on Estatedia | Economy & Real Estate Media in Cambodia.

Key export items included garments, footwear, travel goods, bicycles, car tyres, solar panels, and a range of agricultural products such as rice, rubber, cassava, bananas, mangoes, and longans, the report indicated.

The Kingdom’s top five export destinations were identified as the United States, Vietnam, Japan, Canada, and China.

H.E. Penn Sovicheat, Secretary of State and Spokesperson for the Ministry of Commerce, said the robust growth in exports reflects continued demand for Cambodian products in international markets, despite global economic challenges.

He highlighted the important role of free trade agreements (FTAs)—particularly with China, South Korea, and the Regional Comprehensive Economic Partnership (RCEP)—in boosting Cambodia’s export performance.

“The implementation of FTAs has significantly reduced tariffs and trade barriers, making Cambodian goods more competitive globally. In increasingly regulated markets, regional trade under frameworks like RCEP is the best option to diversify Cambodia’s export markets,” he said.

Cambodia currently maintains FTAs with China and South Korea, and has signed the Comprehensive Economic Partnership Agreement with the United Arab Emirates.

Meanwhile, the country’s imports reached US$16.27 billion during the January–June period, up 18 percent compared to the same period last year, the report noted.

Major imported goods included petroleum, raw materials for garment and footwear production, travel goods, vehicles, machinery, electronic appliances, and various consumer products.

The garment, footwear, and travel goods industry remains Cambodia’s largest foreign exchange earner. According to the latest data from the Ministry of Labour and Vocational Training, the sector comprises approximately 1,538 factories and branches, employing about 913,000 workers, the majority of whom are women.

The post Cambodia’s Export Up 16 Percent in H1 first appeared on Estatedia | Economy & Real Estate Media in Cambodia.

The event aimed to promote greater consumption and visibility of Cambodian products in the domestic market, particularly in supermarkets and marts, by fostering stronger partnerships between businesses.

The programme featured presentations and experience sharing from four key speakers: representatives from (1) the General Department of Trade Promotion, (2) AEON Mall, (3) Chip Mong Market, and (4) Ample Agro Product Co., Ltd. Topics covered included the development of Cambodian products, understanding procedures, regulations, and requirements for placing products in supermarkets and marts, and real-world experiences in marketing Cambodian goods. A variety of Cambodian products were also displayed at the event.

Secretary of State at the Ministry of Commerce H.E. Seang Thay, who presided over the event, encouraged Cambodian producers and suppliers to prioritise product quality, ensure consumer safety, adopt proper packaging standards, and maintain reasonable pricing to stay competitive in both domestic and international markets.

The event also provided a platform for Cambodian producers and suppliers to voice challenges and submit requests to supermarket and mart owners regarding the inclusion of Cambodian products in their distribution systems, under the coordination of the Ministry of Commerce.

The post Business Matching Event Held to Promote Cambodian Products in Supermarkets and Marts first appeared on Estatedia | Economy & Real Estate Media in Cambodia.

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.

The post “2024 E-Commerce in Cambodia” Report Launched, Minister Emphasizes Digital Trade Growth first appeared on Estatedia | Economy & Real Estate Media in Cambodia.

The discussions focused on advancing Cambodian cashew products into the Japanese market and MIRARTH Holdings’ objective is to collaborate with Cambodia at World Expo 2025 in Osaka to promote Cambodian potential products, especially key agricultural products such as rice, pepper, and cashew nuts, according to a ministry’s press release issued last weekend.

H.E. Secretary of State encouraged and urged MIRARTH Holdings to expand its investment and cooperation in Cambodia, especially in developing the local cashew nut processing sector, promoting the value chain of Cambodian products, creating local job opportunities, and contributing to national economic growth.

The company expressed its readiness to work closely with the Export Promotion Task Force of the Ministry of Commerce to promote Cambodian cashew nuts globally, aiming to elevate their reputation on the international stage.

Both sides reaffirmed their shared vision of strengthening ties and advancing Cambodian agricultural exports, particularly cashews, to achieve greater economic and trade outcomes for Cambodia.

The post Ministry of Commerce Boosts Cashew Nut Export to Japan first appeared on Estatedia | Economy & Real Estate Media in Cambodia.

From January to November, the Kingdom of Cambodia imported US$25.94 billion worth of goods from foreign markets, a year-on-year increase of 17.9 percent, read the report.

Data showed that Cambodia’s total trade volume reached over US$49.87 billion, up 17.4 percent from US$42.5 billion during the same period last year.

US, Vietnam, China, and Japan, are Cambodia’s biggest markets during the period, with a trade value of $9,068 million, $3,298 million and $1,607 million, and $1,272 million, respectively.

Cambodia’s Free Trade Agreement with China and Korea and the Regional Comprehensive Economic Partnership (RCEP) have contributed to the rise in trade, the ministry’s Secretary of State and Spokesman H.E. Pen Sovicheat said.

“RCEP and the Cambodia-China Free Trade Agreement (CCFTA) have given a significant boost to the trade growth,” he said.

Cambodia’s main export products are garments, machinery, electrical equipment, footwear products, leather goods, grain, furniture, rubber, fruits, vegetables, pearls, toys and textiles, while Cambodia’s major imports include medicines and supplements, consumables and food and beverages.

The post Cambodia’s Exports Up 16 Percent To US$24 billion From January-November first appeared on Estatedia | Economy & Real Estate Media in Cambodia.

This momentous event celebrated the power of business to drive positive social change and underscored the ASEAN region’s commitment to sustainable development.

The awards ceremony was a gathering of influential figures from various sectors, including representatives from the Ministry of Industry, Science, Technology, and Innovation, the Ministry of Commerce, and esteemed business associations. The Great ASEAN CRS Business Awards 2024 honored excellence in five categories:

• Great ASEAN CSR Community Award 2024 (10 winners)
• Great ASEAN CSR Star Award 2024 (3 winners)
• Great ASEAN CSR Business Award 2024 (12 winners)
• Great ASEAN CSR Entrepreneur Award 2024 (34 winners)
• Great ASEAN CSR Leader Award 2024 (13 winners)

Speaking at the awards ceremony, Mr. Heang Vuththa, President of the Global Entrepreneur 1% Club, emphasized the profound impact of social responsibility on both businesses and communities. He highlighted the event’s role in promoting sustainable development and improving the lives of people across the ASEAN region.

The rigorous selection process, which spanned over 80 days, involved evaluating 3,760 applicants from 39 countries. A meticulous review narrowed down the field to 280 potential candidates, ultimately leading to the selection of 75 winners.

Dr. Kong Vithera, founder of KPF and Vice President of the Global Entrepreneur 1% Club (Social Work), underscored the importance of balancing profit with social impact. He urged business owners and entrepreneurs to prioritize social responsibility as a key driver of sustainable growth and development.

The Global Entrepreneur 1% Club aims to inspire more entrepreneurs to engage in social work and hopes to see future awards ceremonies on an even larger scale, with increased participation from businesses and organizations.

This prestigious event showcases the power of business to drive positive social change and underscores the commitment of the ASEAN region to sustainable development.

The post Cambodia Successfully Hosts Prestigious ASEAN CRS Business Awards 2024 first appeared on Estatedia | Economy & Real Estate Media in Cambodia.

The launch ceremony, held at the ministry early this week, was presided over by H.E. Mrs. Cham Nimul, Minister of Commerce, and attended by foreign ambassadors, representatives from relevant ministries and institutions, the private sector, and development partners.

A joint initiative of the Ministry of Commerce and the Centre for the Promotion of Imports from Developing Countries (CBI), the ESC aims to stimulate Cambodia’s exports, equip traders with export readiness, and instill confidence in their ability to compete internationally.

Through the ESC, exporters will gain access to training on export procedures and networking opportunities with experts and potential buyers in target markets, the ministry emphasized.

Cambodia’s export performance has been strong in the first three quarters of 2024, with goods valued at approximately US$19.8 billion, representing a 17 percent increase from the same period last year, according to the General Department of Customs and Excise of Cambodia.

The United States remains the largest market for Cambodian products, accounting for 38 percent of total exports with a value of US$7.6 billion. Vietnam follows as the second-largest market, with imports from Cambodia reaching US$2.7 billion, a 33.8 percent year-on-year increase. China is the third-largest market, with exports valued at US$1.27 billion, a 20 percent increase.

Cambodia’s primary export products include garments, machinery, electrical equipment, footwear, leather goods, grain, furniture, rubber, fruits, vegetables, pearls, toys, and textiles.

The post Cambodia Launches Export Service Center to Boost Global Trade first appeared on Estatedia | Economy & Real Estate Media in Cambodia.