Cambodia SME Export Talk 10 - What Did We Learn?
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B2B Cambodia
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EuroCham and ARISE+ held the Cambodia SME Export Talk recently. The series started in 2021 "with the goal of enhancing SME capabilities to export and analysed the potential for a wide range of products" and the this was the tenth edition with a focus of “??? ?????? ?? ????????: ????????????? ??? ???????? ??? ?? ????????”.
ARISE Plus Cambodia project, is co-funded by the EU and BMZ and implemented by GIZ. They seek to support greater connectivity and economic integration between Cambodia and the rest of ASEAN "through implementing the ASEAN Economic Community Blueprint 2025 and strengthening institutional capacity."
Mr. Youssey LAK, the advisor on Trade Information and Advocacy at ARISE Plus Cambodia, added: “Among others, ARISE supports Cambodian SMEs in worldwide exports, preferably to ASEAN member countries and the EU. Exports create a lot of development impacts, not only business revenues, but also social impacts by creating jobs and incomes. When exports grow, there are more jobs and incomes.”
Cambodia exported $6.09 billion in services in 2019 (according to the United Nations International Trade Statistics Database), and those which topped the list were:
- Personal travel ($3.42 billion)
- Business travel ($1.35 billion)
- Transportation ($786 million)
- Export of services declined from USD $7.9 billion in 2018 to $6.09 billion in 2019 (Editors Note - they claim due to the pandemic but this time period is pre-pandemic?)
- Cambodia has the potential to increase exports of software development, call centres, and medical tourism.
- AI writing services have the potential to open up Cambodian companies to more global business opportunities according to