Malaysia – Cambodia Bilateral Trade & Investment

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Kith Meng (R), president of the Cambodia Chamber of Commerce, shakes hands with Dato Dzulkifli Mahmud, CEO of the Malaysia External Trade Development Corporation. KT/Chor Sokunthea

Malaysia-Cambodia bilateral trade relation is quite strong. For the January-June 2018 period, Malaysia’s bilateral trade with Cambodia reached USD 303.6 million, a double-digit increase of 45.2% compared to USD209.1 million that was recorded between January to June 2017. The value of exports was USD216.9 million, an increase of 57.2%, while imports were valued at USD86.7 million, an increase of 21.9%. The positive increase of Malaysia’s exports to Cambodia was mainly contributed by the increasing demand for petroleum products, which increased by 101% as well as metal products used for building materials and construction, which increased by 126%. Major products exported to Cambodia were petroleum products, electrical & electronics and chemical products. While major products imported from Cambodia were electrical & electronics, iron & steel products, textile, garment & footwear and rice.

Cambodia is also an important investment destination for Malaysia. From January 1994 until 31 December 2017, Malaysia’s investments in Cambodia were valued at USD 3.39 billion with 130 registered projects. As of 2016, Malaysia was the third largest foreign investor in the Kingdom in terms of fixed asset, mainly contributed in hospitality (hotel, catering and tourism), industrial manufacturing, real estate development and utilities around Phnom Penh. Prominent Malaysian investors in Cambodia are NagaCorp Ltd, Leader Energy, Muhibbah, Smart Axiata, Campubank and Maybank.

SUMMARY OF BILATERAL TRADE RANKING

(a) Malaysia’s Ranking:

Cambodia was Malaysia’s
* 51st largest global trading partner;
* 41st largest exports destination; and
* 56th largest source of imports.

(b) Cambodia’s Ranking (2017):

Malaysia was Cambodia’s
* 16th largest global trading partner;
* 18th largest exports destination; and
* 10th largest source of imports.

Sources: Department of Statistics Malaysia
(DOSM) and ITC TradeMap

 

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