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	<title>Ministry of Commerce report Archives - អរគុណសន្តិភាព</title>
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	<title>Ministry of Commerce report Archives - អរគុណសន្តិភាព</title>
	<link>https://orkunsantepheap.com/en/tag/ministry-of-commerce-report/</link>
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		<title>Cambodia’s Regional Trade Hits Record $36 Billion in 2025: A Deep Dive into the RCEP Growth Engine</title>
		<link>https://orkunsantepheap.com/en/cambodia-rcep-trade-2025/</link>
					<comments>https://orkunsantepheap.com/en/cambodia-rcep-trade-2025/#comments</comments>
		
		<dc:creator><![CDATA[Han Bunna]]></dc:creator>
		<pubDate>Sat, 03 Jan 2026 23:47:38 +0000</pubDate>
				<category><![CDATA[Invest Cambodia]]></category>
		<category><![CDATA[Ministry of Commerce report]]></category>
		<category><![CDATA[Penn Sovicheat trade statement]]></category>
		<category><![CDATA[RCEP Cambodia exports]]></category>
		<guid isPermaLink="false">https://orkunsantepheap.com/?p=3229</guid>

					<description><![CDATA[<p>Cambodia’s economic integration into the Asia-Pacific region reached a new milestone in 2025. According to the latest data from the Ministry of Commerce, the Kingdom&#8217;s trade volume with the Regional Comprehensive Economic Partnership (RCEP) member countries surged to US$36.39 billion during the first 11 months of the year. This represents a robust 15.67% increase compared [&#8230;]</p>
<p>The post <a href="https://orkunsantepheap.com/en/cambodia-rcep-trade-2025/">Cambodia’s Regional Trade Hits Record $36 Billion in 2025: A Deep Dive into the RCEP Growth Engine</a> appeared first on <a href="https://orkunsantepheap.com/en">អរគុណសន្តិភាព</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">Cambodia’s economic integration into the Asia-Pacific region reached a new milestone in 2025. According to the latest data from the <a href="https://akp.gov.kh/post/detail/357992">Ministry of Commerce</a>, the Kingdom&#8217;s trade volume with the <strong>Regional Comprehensive Economic Partnership (RCEP)</strong> member countries surged to <strong>US$36.39 billion</strong> during the first 11 months of the year. This represents a robust <strong>15.67% increase</strong> compared to the same period in 2024.</p>



<p class="wp-block-paragraph">As Cambodia navigates global economic shifts, its reliance on the RCEP bloc—the world&#8217;s largest free trade agreement—has become the backbone of its national trade strategy.</p>



<h2 class="wp-block-heading"><strong>The Numbers: Exports and Imports on the Rise</strong></h2>



<p class="wp-block-paragraph">The report highlights a significant upward trajectory in both selling to and buying from regional partners:</p>



<ul class="wp-block-list">
<li><strong>Export Growth:</strong> Cambodia exported goods worth <strong>US$8.85 billion</strong> to RCEP countries, a <strong>5.99% increase</strong> from US$8.35 billion in 2024. These exports now account for <strong>31.2%</strong> of Cambodia’s total global exports.</li>



<li><strong>Import Surge:</strong> Imports from the bloc reached <strong>US$27.54 billion</strong>, marking a sharp <strong>19.17% rise</strong>. This influx mainly consists of raw materials for the garment industry, construction materials, and electronic equipment, which are essential for Cambodia’s ongoing industrial modernization.</li>



<li><strong>Dominating Total Trade:</strong> Collectively, RCEP partners now represent <strong>61.53%</strong> of Cambodia’s total international trade volume, which stood at US$59.13 billion for the period.</li>
</ul>



<h2 class="wp-block-heading"><strong>Key Trading Partners and Products</strong></h2>



<p class="wp-block-paragraph">Cambodia’s top five trading partners within the <a href="https://orkunsantepheap.com/tag/rcep/">RCEP</a> bloc remain <strong>China, Vietnam, Thailand, Japan, and Singapore</strong>.</p>



<p class="wp-block-paragraph">The diversity of goods being traded reflects Cambodia&#8217;s shifting economy:</p>



<ul class="wp-block-list">
<li><strong>Agricultural Success:</strong> Massive growth was recorded in the export of <strong>milled rice, bananas, mangoes, longans, and raw cashew nuts</strong>.</li>



<li><strong>Industrial Evolution:</strong> Beyond the traditional <strong>textile and footwear</strong> dominance, Cambodia is successfully diversifying into <strong>automotive parts, electronic components, and bicycles</strong>.</li>
</ul>



<h2 class="wp-block-heading"><strong>Why RCEP is Cambodia’s &#8220;Economic Magnet&#8221;</strong></h2>



<p class="wp-block-paragraph"><strong>H.E. Penn Sovicheat</strong>, Secretary of State and Spokesperson for the Ministry of Commerce, emphasized that the RCEP agreement is more than just a trade pact—it is a long-term development tool.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>&#8220;The RCEP agreement plays a vital role in Cambodia’s economic development by ensuring long-term export growth for our products. It serves as a magnet to attract more foreign direct investment (FDI) as companies look to leverage Cambodia’s strategic position within this free trade bloc,&#8221;</em> Sovicheat stated.</p>
</blockquote>



<p class="wp-block-paragraph">Since entering into force on January 1, 2022, the RCEP has provided Cambodia with <strong>preferential tariffs</strong> and <strong>streamlined customs procedures</strong>, making &#8220;Made-in-Cambodia&#8221; products more competitive in markets like Japan, South Korea, and Australia.</p>



<h2 class="wp-block-heading"><strong>Looking Ahead to 2026</strong></h2>



<p class="wp-block-paragraph">As we move into 2026, the RCEP is expected to shield Cambodia from external shocks, such as fluctuating demand in Western markets or international tariff changes. The government is currently prioritizing the <strong>digitalization of trade</strong> and <strong>human capital development</strong> to ensure local businesses can fully utilize the benefits of the agreement.</p>



<p class="wp-block-paragraph">The goal is clear: to move up the global value chain and transform Cambodia from a labor-intensive manufacturing hub into a high-tech, agro-processing powerhouse.</p>
<p>The post <a href="https://orkunsantepheap.com/en/cambodia-rcep-trade-2025/">Cambodia’s Regional Trade Hits Record $36 Billion in 2025: A Deep Dive into the RCEP Growth Engine</a> appeared first on <a href="https://orkunsantepheap.com/en">អរគុណសន្តិភាព</a>.</p>
]]></content:encoded>
					
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			</item>
		<item>
		<title>Cambodia’s Big Success: Clothing and Shoe Exports Jump 16% in 2025</title>
		<link>https://orkunsantepheap.com/en/cambodia-gft-export-growth-report-2025/</link>
					<comments>https://orkunsantepheap.com/en/cambodia-gft-export-growth-report-2025/#respond</comments>
		
		<dc:creator><![CDATA[Han Bunna]]></dc:creator>
		<pubDate>Wed, 31 Dec 2025 13:37:09 +0000</pubDate>
				<category><![CDATA[Invest Cambodia]]></category>
		<category><![CDATA[footwear exports]]></category>
		<category><![CDATA[garment industry jobs]]></category>
		<category><![CDATA[Ministry of Commerce report]]></category>
		<guid isPermaLink="false">https://orkunsantepheap.com/?p=3138</guid>

					<description><![CDATA[<p>Cambodia’s biggest industry is booming! According to a new report from the Ministry of Commerce, the country sold $14.21 billion worth of clothes, shoes, and travel bags to other countries in the first 11 months of 2025. This is a 16% increase compared to the same time last year. Breaking Down the Numbers Most of [&#8230;]</p>
<p>The post <a href="https://orkunsantepheap.com/en/cambodia-gft-export-growth-report-2025/">Cambodia’s Big Success: Clothing and Shoe Exports Jump 16% in 2025</a> appeared first on <a href="https://orkunsantepheap.com/en">អរគុណសន្តិភាព</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">Cambodia’s biggest industry is booming! According to a new report from the Ministry of Commerce, the country sold <strong>$14.21 billion</strong> worth of clothes, shoes, and travel bags to other countries in the first 11 months of 2025. This is a <strong>16% increase</strong> compared to the same time last year.</p>



<h3 class="wp-block-heading"><strong>Breaking Down the Numbers</strong></h3>



<p class="wp-block-paragraph">Most of what Cambodia sells to the world comes from our hard-working factories:</p>



<ul class="wp-block-list">
<li><strong>Clothes:</strong> Sold $10.45 billion (Up 17%)</li>



<li><strong>Shoes:</strong> Sold $1.9 billion (Up 26%)</li>



<li><strong>Travel Goods (Bags/Suitcases):</strong> Sold $1.85 billion (Up nearly 4%)</li>
</ul>



<h3 class="wp-block-heading"><strong>Why Is This Important?</strong></h3>



<p class="wp-block-paragraph">This industry is the &#8220;heart&#8221; of Cambodia&#8217;s economy. It brings in <strong>half of all the money</strong> the country earns from selling goods abroad. Even though the global economy is facing some tough times, new businesses keep opening in Cambodia.</p>



<p class="wp-block-paragraph">H.E. Sun Mesa, from the Ministry of Labour, explained that this growth is great news for the people. He noted that the industry is a <strong>&#8220;massive job creator,&#8221;</strong> helping the country develop and providing income for hundreds of thousands of families.</p>



<h3 class="wp-block-heading"><strong>Key Facts at a Glance</strong></h3>



<ul class="wp-block-list">
<li><strong>Who buys our products?</strong> Most of our goods are sent to the <strong>United States, Europe, Canada, and Japan</strong>.</li>



<li><strong>What else do we sell to the US?</strong> Along with clothes, we send solar panels, furniture, and bicycles.</li>



<li><strong>How many people work in this sector?</strong> There are about <strong>1,608 factories</strong> across the country, employing over <strong>913,000 workers</strong> (mostly women).</li>
</ul>



<p class="wp-block-paragraph"><strong>READ MORE:</strong></p>



<ul class="wp-block-list">
<li><strong><em><a href="https://orkunsantepheap.com/cambodia-manufacturing-hub-us-retail-sourcing/">Why Cambodia Is the Next Manufacturing Hub for US Retailers</a></em></strong></li>



<li><strong><em><a href="https://orkunsantepheap.com/cambodia-exports-14-percent-growth-us-demand/">Cambodia’s Exports Soar 14% to $27.37 Billion, Driven by US Market Surge</a></em></strong></li>
</ul>
<p>The post <a href="https://orkunsantepheap.com/en/cambodia-gft-export-growth-report-2025/">Cambodia’s Big Success: Clothing and Shoe Exports Jump 16% in 2025</a> appeared first on <a href="https://orkunsantepheap.com/en">អរគុណសន្តិភាព</a>.</p>
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