Cambodia Condemns Thai Military Attack on Preah Vihear Temple | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 | UN Security Council Urges Restraint as Thailand-Cambodia Clashes Intensify | Cambodia Condemns Thai Aggression at UN, Calls for Ceasefire and International Intervention | Techo Hun Sen Advises Military Strategy Amidst Border Clashes with Thailand | 45 Staff Rescued After Being Trapped at Preah Vihear Temple Amidst Clashes | BREAKING: Cambodia Denies Firing Projectiles into Laos, Accuses Thailand of Disinformation | Cambodia's Tourism Ministry Seeks Aid for Troops, Refugees; Reaffirms Commitment to Peace | BREAKING: Laos Denies Border Clash with Cambodia; Cambodia Rejects Thai Accusations of Shelling Laos | BREAKING NEWS: Andrew MacGregor Marshall Claims Queen Mother Sirikit Has Died, Alleging Concealment by Thai Authorities | TOP NEWS: Trump Claims Diplomatic Role in Cambodia-Thailand Border Conflict, Calls for Ceasefire | TOP NEWS: Cambodian Prime Minister Confirms President Donald Trump Ceasefire Agreement with Thailand | Thai Military of Escalating Attacks, Despite Cambodia Ceasefire Efforts | BREAKING NEWS: Cambodia and Thailand Agree to Malaysian Mediation Amid Escalating Border Clashes |
Cambodia Condemns Thai Military Attack on Preah Vihear Temple | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 | UN Security Council Urges Restraint as Thailand-Cambodia Clashes Intensify | Cambodia Condemns Thai Aggression at UN, Calls for Ceasefire and International Intervention | Techo Hun Sen Advises Military Strategy Amidst Border Clashes with Thailand | 45 Staff Rescued After Being Trapped at Preah Vihear Temple Amidst Clashes | BREAKING: Cambodia Denies Firing Projectiles into Laos, Accuses Thailand of Disinformation | Cambodia's Tourism Ministry Seeks Aid for Troops, Refugees; Reaffirms Commitment to Peace | BREAKING: Laos Denies Border Clash with Cambodia; Cambodia Rejects Thai Accusations of Shelling Laos | BREAKING NEWS: Andrew MacGregor Marshall Claims Queen Mother Sirikit Has Died, Alleging Concealment by Thai Authorities | TOP NEWS: Trump Claims Diplomatic Role in Cambodia-Thailand Border Conflict, Calls for Ceasefire | TOP NEWS: Cambodian Prime Minister Confirms President Donald Trump Ceasefire Agreement with Thailand | Thai Military of Escalating Attacks, Despite Cambodia Ceasefire Efforts | BREAKING NEWS: Cambodia and Thailand Agree to Malaysian Mediation Amid Escalating Border Clashes |

Cambodia's Exports Thrive Amid Global Challenges

Phnom Penh: Despite global geopolitical and trade tensions, Cambodia's exports continue to flourish, a testament to the nation's resilience in the face of adversity, according to Minister of Commerce, Ms. Cham Nimul.

Speaking at the annual meeting of the Ministry of Commerce on Thursday, December 21, 2023, Minister Cham Nimul expressed her pride in Cambodia's trade performance. She revealed that in the first 11 months of 2023, Cambodia's international trade reached a total value of $43.52 billion, with exports accounting for $21 billion, marking a notable 4.08% increase compared to the same period in 2022.

Minister Cham Nimul credited this export growth to the Royal Government of Cambodia's sound policies that have provided support to small and medium-sized enterprises (SMEs), ensuring the continuity of business operations, investments, and employment for workers and farmers.

Highlighting the role of Cambodia as a member of the Regional Comprehensive Economic Partnership (RCEP), she noted that RCEP plays a significant role, contributing to more than 61% of the total trade volume exceeding $26.47 million.

The bulk of Cambodia's exports consist of garments, clothing, footwear, bags, electronics, and bicycles, with key markets including the United States, Canada, the European Union, ASEAN, Japan, China, South Korea, the United Kingdom, and Australia.

Looking ahead to 2024, Minister Cham Nimul outlined plans to further bolster the business sector by enhancing the quality of human resources, deepening reforms, improving public services, stabilizing prices, stimulating domestic work, and continuing to revise trade-related laws and regulations. These measures are expected to create a favorable environment for business and investment while enhancing Cambodia's competitiveness in international markets.



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