Market profile

Cambodia is a member of ASEAN and WTO and is one of the fastest-growing developing countries in East Asia. Gross domestic product (GDP) grew by 6.9 per cent in 2016. Impressive rates of economic growth have led to sharp wage increases which undermine the degree of competitiveness. At the same time, growth has generally been sufficient to create new jobs needed to absorb the rising working-age population, which has been increasing at 3 per cent annually (faster than the population). Unemployment is at 0.3 per cent of total labour force in 2016 (Source: World Bank).

The country has a land area of 176,520 square kilometres and population of 15.8 million (2016).

More information on doing business in Cambodia

ASEAN NOW – Insights for Australian Business

A digital report on Australia’s trade and investment relationship with ASEAN.

Key sections:

  • Why ASEAN matters to Australia
  • What’s driving growth
  • Opportunities by ASEAN market
  • Practical tips and assistance
  • Case studies.

Facts

  • Imports from Cambodia A$403 million
  • Exports to Cambodia A$132 million
  • Capital Phnom Penh
  • Official Language Khmer
  • Area 176,520 sq km
  • Population 15.8 million

Events

ASEAN Markets: Opportunities for NSW Businesses
31 May 2018
The seminar will provide expert tips on boosting your export capabilities in ASEAN markets.

More Events

Information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Cambodia and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travellers and tourists going to Cambodia. This is regularly updated and should be checked before planning travel.

» read more at DFAT

Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.

The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.

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Export grants

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EMDG applications can be lodged by approved consultants.

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How Austrade can help

Austrade provides information, advice and range of trade services to assist Australian businesses reduce the time, cost and risk associated with exporting.

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