Phnom Penh, Cambodia – Cambodia is setting ambitious economic targets for 2025, with a projected trade volume reaching $65.20 billion, representing a significant 18% increase. This forward-looking announcement was made by Minister of Commerce, Cham Nimmal, during the opening ceremony of the 2025 Business Review Meeting and Business Orientation 2026, held on January 8th.
According to the Minister’s projections, Cambodia’s exports are expected to contribute substantially to this growth, with a forecasted value of $31.28 billion, marking an impressive 16.95% rise. This robust performance is anticipated to further strengthen the nation’s economic standing.
Minister Cham Nimmal highlighted Cambodia’s expanding global footprint, noting that the country’s export markets currently encompass 169 countries and regions. The strategic goal for 2025 is to broaden this reach even further, targeting an impressive 204 export destinations. “This expansion,” Minister Nimmal affirmed, “is instrumental in elevating Cambodia’s reputation and competitive excellence within regional and global market supply chains. It also contributes to higher value addition across the production value chain and attracts greater investment.”
Cambodia’s primary export markets are diverse and geographically widespread, including significant partners such as the United States, Vietnam, China, Japan, Canada, Spain, the Netherlands, the United Kingdom, Thailand, Belgium, Italy, France, South Korea, Mexico, Poland, Hong Kong, Australia, Brazil, and India.
The Minister also elaborated on the effective utilization of preferential trade agreements (PTAs) and Free Trade Agreements (FTAs), which have played a crucial role in boosting trade. The number of certificates of origin, a key indicator of trade under such agreements, has seen a substantial increase of nearly 20%. Cambodia’s main exports to international markets include a range of manufactured goods such as garments, travel products, bags, shoes, electronics, and motorcycle tire components. Additionally, agricultural commodities like cassava, cashew, rice, pepper, palm sugar, and natural gum have shown significant export growth. Newer high-growth product categories also include wiring and wiring harnesses, toys, lamps and lighting equipment, furniture, and animal feed.
