Economy
Kingdom’s Trade With RCEP Partners Surges 64% in Q1
PHNOM PENH, April 24, 2026 (KPT) — Cambodia’s trade with members of the Regional Comprehensive Economic Partnership (RCEP) reached US$11.26 billion in the first quarter of 2026, up 64 percent from the same period a year earlier, the Ministry of Commerce said Friday.
From January to March, Cambodia exported goods worth US$2.82 billion to the bloc’s five leading partners — Vietnam, China, Japan, Thailand and Singapore — a 4.22 percent increase. Imports from RCEP members totaled US$8.44 billion, rising 24.24 percent.
Commerce Minister Cham Nimul said Cambodia’s export growth is supported by free trade agreements, RCEP membership, expansion into new markets and stronger trust among trading partners. Lim Heng, vice president of the Cambodia Chamber of Commerce, noted that trade ties with Asian partners continue to improve year on year.
RCEP, initiated by ASEAN, is the world’s largest free trade agreement, covering 15 countries including the 10 ASEAN members plus Australia, China, Japan, New Zealand and South Korea.
According to the ministry, Cambodia’s trade with RCEP partners totaled US$40.23 billion in 2025, up 16.26 percent from 2024.
-
National1 month agoPoll Finds Strong Cambodian Support for Closer China Ties
-
Economy2 months agoCambodia Moves to Boost Green Economy with $30 Million Climate Financing Deal
-
Opinion2 months agoOpinion: The “Scambodia” Fallacy: Editorial Malpractice and the Erosion of Journalistic Ethics
-
National2 months agoCambodia Condemns ‘Scambodia’ Label in Wall Street Journal Report
-
Economy1 month agoCambodia Bans Prize Promotions on Beer and Energy Drinks to Level Playing Field
-
Opinion1 month agoVienna Convention on the Law of Treaties (VCLT)’s ruling over the MoU 2001 Cancellation by Thailand against Cambodian Maritime Territories
-
Economy1 month agoCambodia Caps Fuel Price Rise as Global Oil Surge Hits Domestic Market
-
Politics2 months agoCambodian Embassy in France Rejects ‘Politicization’ Claims, Affirms Neutral Role