Cambodia Market Bulletin – December 2024

The Vietnam Trade Office in Cambodia is pleased to present the Cambodia Market Bulletin for the period from December 1 to 31, 2024, providing valuable updates for Vietnamese businesses and the public.

Main Highlights:

  • Samdech Techo Hun Sen expressed satisfaction with the strong growth of Cambodia–Vietnam trade relationsand the positive political and commercial partnership between the two countries.

  • Economy: The World Bank forecasts Cambodia’s economic growth to reach 5.3% in 2024.

  • Investment: The Cambodian government approved 414 investment projects worth nearly USD 7 billion during the year.

  • Trade: Cambodia’s total trade with RCEP member countries reached USD 31.36 billion in the first 11 months of 2024.

  • Rubber exports: Cambodia earned USD 568 million from rubber exports in the same period.

  • Exhibitions & Fairs: Various trade fairs and promotional events continued across major provinces.

  • Tourism: The country welcomed 6 million international visitors in the first 11 months of 2024.

    • The 11th Sea Festival in Kampot Province featured three major activities to boost tourism.

    • A record 5.59 million air passengers arrived in Cambodia in 2024 (as of December 23).

  • Aviation: AirAsia Cambodia launched a new Phnom Penh – Ho Chi Minh City direct flight route.

  • Logistics: The Sihanoukville Port recorded a historic milestone with 1 million TEUs handled in 2024.

  • National Budget: The Cambodian National Assembly approved the 2025 national budget, totaling approximately USD 9.3 billion.