Cambodia's trade with RCEP partners nears $20 billion in H1 2025

Economy and Industry

Cambodia's trade with RCEP partners nears $20 billion in H1 2025 Cambodia's trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $19.7 billion in the first half of 2025, a 16.5% increase from the same period last year. The country's exports to fellow RCEP member countries totalled $5.03 billion during the January-June period, an 11% increase from $4.52 billion. Cambodia's imports from RCEP member countries reached $14.67 billion, an 18.5% increase from $12.38 billion. The top five trading partners under the RCEP are China, Vietnam, Thailand, Japan, and Singapore. The Ministry of Commerce's Secretary of State and Spokesperson, Penn Sovicheat, said the RCEP has played a crucial role in boosting global trade amid the United States' tariff hikes. He added that with preferential tariffs provided under the RCEP, Cambodia's exports to other RCEP members will continue to rise this year and beyond. (Source: Khmer Times)

UK introduces new trade policies to support imports from developing nations like Cambodia and cut consumer costs The UK government has introduced a major update to its Developing Countries Trading Scheme (DCTS), aiming to simplify trade with emerging markets like Cambodia. The updated DCTS includes simplified rules of origin, allowing goods produced using components from Asia and Africa to qualify for zero tariffs when entering the UK. This directly benefits exporters from countries like Cambodia and Bangladesh, particularly in garments, electronics, and food products. Since its launch in June 2023, the DCTS has covered 65 countries and generated over 16 billion sterling pound in UK imports with reduced or eliminated tariffs. The changes are expected to benefit UK retailers and developing economies, as lower import costs could translate into more competitive pricing for UK consumers. The UK plans to strengthen trade agreements for digital, legal, and financial services, fostering more inclusive trade relationships and supporting economic diversification in partner countries. The move underscores the UK's shift from aid to trade-focused development engagement, particularly in Asia and Africa. (Source: Cambodia Investment Review)

Cambodia and Vietnam strengthen economic ties with $20B trade goal Cambodia and Vietnam have set an ambitious goal to raise bilateral trade to $20 billion over the next few years, reaffirming their commitment to deepening economic cooperation. The announcement was made during the Vietnam-Cambodia Business Connectivity Conference 2025, which brought together over 200 business leaders and senior officials from both countries. The Cambodian business delegation, led by Keith Meng, highlighted the steady growth of bilateral trade and Vietnam's growing role as one of Cambodia's most important economic partners. Meng also emphasized the importance of private sector cooperation in achieving the trade target, citing ongoing reforms in Cambodia, improved logistics connectivity, and trade facilitation efforts as creating new opportunities for investors and exporters. Both countries believe the $20 billion target is achievable through stronger business linkages, improved trade facilitation, and targeted investment promotion. (Source: Khmer Times)

Corporate News

GuarantCo and CGCC seal $10M counter-guarantee agreement to strengthen infrastructure financing in Cambodia GuarantCo and the Credit Guarantee Corporation of Cambodia (CGCC) have signed a USD 10 million Counter-Guarantee facility agreement to strengthen Cambodia's local debt capital market and advance infrastructure development. The agreement supports GuarantCo's existing USD 70 million guarantee to CamGSM PLC (Cellcard), one of Cambodia's leading telecom operators. The new facility allows GuarantCo to manage its exposure to single obligors, sectors, and geographies more effectively while continuing to support high-impact projects such as the Cellcard sustainability bond. GuarantCo, part of the Private Infrastructure Development Group (PIDG), highlighted the transaction as a pioneering example of risk-sharing between an international development finance institution and a state-backed guarantor. The deal represents a significant evolution in CGCC's institutional capacity, allowing it to build capacity in bond guarantees and paves the way for future risk-sharing innovations with international partners. The partnership is designed to empower Cambodia to build robust local financing capabilities while aligning with broader development objectives. (Source: Cambodia Investment Review)

Stock Market

CSX posts modest gain amid mixed main board performance On 17 July 2025, the CSX Index edged up by 0.25%, closing at 404.8 points. On the Main Board, PPSP (+0.95%), CGSM (+0.41%), ABC (+0.29%), and PAP (+0.15%) posted gains, while PEPC (-1.12%) and GTI (-0.33%) recorded losses. PWSA, PAS, and MJQE remained unchanged. On the Growth Board, both DBDE and JSL also remained unchanged. Total trading volume reached 41,056 shares, with a turnover of KHR 217 million. (Source: YSC Research)

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