Economy
Bilateral Trade Between Cambodia–Singapore Surges Over 190% in Early 2026
PHNOM PENH, March 16, 2026 (KPT) – Bilateral trade between Cambodia and Singapore surged more than 190 percent in the first two months of 2026, official data showed Monday, underscoring stronger commercial exchanges between the two economies.
The General Department of Customs and Excise said total trade reached $335 million from January to February, compared with the same period last year. Cambodian exports stood at $12.7 million, while imports from Singapore jumped 209 percent to $322 million, leaving Cambodia with a trade deficit of more than $300 million.
Economist Hong Vannak of the Royal Academy of Cambodia said the rapid increase reflects rising demand and Singapore’s role as a high standard market. “If Cambodian products can meet Singapore’s demand, they can compete globally,” he noted.
According to the commerce ministry, bilateral trade reached $2.34 billion in 2025, up 89 percent from 2024. Cambodia exported $920 million worth of goods, while imports totaled $1.42 billion, highlighting the expanding partnership.
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