Cambodia Trade Data Bill of Lading Data Shipping Data - TradeInt

Cambodia, located in Southeast Asia, is a country known for its rich cultural heritage, historical landmarks, and emerging economy. With a land area of approximately 181,035 square kilometers and a population exceeding 16 million people, Cambodia boasts a developing economy driven by various sectors, including agriculture, manufacturing, services, and tourism.

Agriculture is the backbone of Cambodia's economy, employing a significant portion of the population and contributing to food security and rural livelihoods. The country is known for its production of rice, cassava, rubber, sugarcane, and various fruits and vegetables. Cambodia's agricultural sector faces challenges such as limited access to modern farming techniques, land degradation, and vulnerability to climate change, but efforts are underway to improve productivity and sustainability.

Manufacturing is another important sector in Cambodia's economy, with the country producing a range of goods, including garments, textiles, footwear, electronics, and processed foods. Cambodia's manufacturing sector benefits from its low labor costs, preferential trade agreements, and proximity to key markets such as the European Union and the United States. The garment and textile industry, in particular, is a major contributor to Cambodia's export earnings and employment.

Services, including tourism, telecommunications, finance, and retail, play a significant role in Cambodia's economy. Phnom Penh, the capital city, serves as a hub for business, trade, and commerce, with modern infrastructure and amenities catering to residents and visitors alike. Cambodia's service sector benefits from its rich cultural heritage, natural attractions, and growing reputation as a tourist destination.

Trade relations in Cambodia are influenced by its membership in various regional organizations and its partnerships with countries around the world. Cambodia is a member of the Association of Southeast Asian Nations (ASEAN) and participates in regional trade agreements such as the ASEAN Free Trade Area (AFTA). The country also benefits from preferential trade agreements with major trading partners such as the European Union and the United States.

Cambodia's export-oriented economy relies heavily on trade, with the majority of its exports consisting of garments, textiles, footwear, agricultural products, and electronics. The garment and textile industry, in particular, accounts for a significant portion of Cambodia's export earnings, making the country highly dependent on global demand for apparel.

In summary, Cambodia's trade landscape reflects a story of growth, diversification, and integration into the global economy. While challenges remain, particularly in terms of infrastructure development and trade facilitation, Cambodia continues to explore opportunities for trade expansion and economic development, positioning itself as a dynamic player in the regional and global marketplace.