Business and Finance
Doing Business in Cambodia:
2012 Country Commercial Guide for U.S. Companies
INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S.
DEPARTMENT OF STATE, 2010. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED
STATES.
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Chapter 1: Doing Business In Cambodia
Chapter 2: Political and Economic Environment
Chapter 3: Selling U.S. Products and Services
Chapter 4: Leading Sectors for U.S. Export and Investment
Chapter 5: Trade Regulations, Customs and Standards
Chapter 6: Investment Climate
Chapter 7: Trade and Project Financing
Chapter 8: Business Travel
Chapter 9: Contacts, Market Research and Trade Events
Chapter 10: Guide to Our Services
Return to table of contents
Chapter 1: Doing Business In Cambodia
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Market Overview
Market Challenges
Market Opportunities
Market Entry Strategy
Market Overview
Return to top
In the decade prior to the global financial crisis in 2009, Cambodia was the 7th fastest growing economy in the world with double-digit average annual growth rates. After contracting 2.5 percent in 2009, the economy rebounded quickly by growing over 6 percent in 2010 and nearly 7 percent in 2011. The economy is expected to continue to grow by 6-7 percent in 2012. All of this positive economic growth, however, should be taken in context as Cambodia is still one of the poorest countries in Asia. The country is heavily reliant on foreign aid, with donor support accounting for over half of the government’s budget. Despite strong performance in the garment and tourism sectors,
Cambodia remains an agrarian country. The agriculture sector employs approximately
80 percent of the Cambodian population.
Since Cambodia became the first least-developed country (LDC) to join the World Trade
Organization (WTO) in 2004, trade has steadily increased. The United States is
Cambodia’s largest trading partner. Approximately 83 percent of Cambodia’s total exports are destined for the United
2012 Country Commercial Guide for U.S. Companies
INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S.
DEPARTMENT OF STATE, 2010. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED
STATES.
•
•
•
•
•
•
•
•
•
•
Chapter 1: Doing Business In Cambodia
Chapter 2: Political and Economic Environment
Chapter 3: Selling U.S. Products and Services
Chapter 4: Leading Sectors for U.S. Export and Investment
Chapter 5: Trade Regulations, Customs and Standards
Chapter 6: Investment Climate
Chapter 7: Trade and Project Financing
Chapter 8: Business Travel
Chapter 9: Contacts, Market Research and Trade Events
Chapter 10: Guide to Our Services
Return to table of contents
Chapter 1: Doing Business In Cambodia
•
•
•
•
Market Overview
Market Challenges
Market Opportunities
Market Entry Strategy
Market Overview
Return to top
In the decade prior to the global financial crisis in 2009, Cambodia was the 7th fastest growing economy in the world with double-digit average annual growth rates. After contracting 2.5 percent in 2009, the economy rebounded quickly by growing over 6 percent in 2010 and nearly 7 percent in 2011. The economy is expected to continue to grow by 6-7 percent in 2012. All of this positive economic growth, however, should be taken in context as Cambodia is still one of the poorest countries in Asia. The country is heavily reliant on foreign aid, with donor support accounting for over half of the government’s budget. Despite strong performance in the garment and tourism sectors,
Cambodia remains an agrarian country. The agriculture sector employs approximately
80 percent of the Cambodian population.
Since Cambodia became the first least-developed country (LDC) to join the World Trade
Organization (WTO) in 2004, trade has steadily increased. The United States is
Cambodia’s largest trading partner. Approximately 83 percent of Cambodia’s total exports are destined for the United