The Kingdom of Cambodia is located in the southern part of the Indochinese Peninsula in Southeast Asia. Covering a surface area of 181,035 sq.kms, it is bordered by Thailand to the northwest, Laos to the northeast, Vietnam to the east and the Gulf of Thailand to the southwest. Cambodia has more than 16.2 million inhabitants, and a GDP close to US$24.14 billion (source: UN – FMI – World Economic, May 2019).
The Cambodian economy has witnessed catch-up growth over the past two decades, mainly fueled by the service sector and the secondary (construction) sector, while the share of agriculture in the national economy is decreasing. As a member of ASEAN, Cambodia’s main trading partners are the United States, Hong Kong, Singapore, Canada, Germany and the United Kingdom.
France remains the country’s leading European trading partner, and major French groups and SMEs have a presence there. French exports are dominated by the pharmaceutical and agri-food sectors, while imports are dominated by textiles.
In order to meet the needs of its customers on the Cambodian market, Simon Associés has developed privileged relations with economic and legal partners locally.