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Spain Becomes Cambodia’s Largest EU Trading Partner

Posted on November 28, 2025

Trade Performance Overview

Cambodia’s trade with the European Union reached USD 4.4 billion during January-September 2025, up 9% from the previous year, driven by exports of USD 3.75 billion that grew 13.76% year-on-year despite partial withdrawal of EU’s Everything But Arms (EBA) trade preferences on some products. Among EU partners, Spain emerged as Cambodia’s largest trading partner at USD 896 million, followed by Germany at USD 844 million.

Top EU Trading Partners

  1. Spain – USD 896 million
  2. Germany – USD 844 million
  3. France, Belgium, Italy, Netherlands – substantial trade volumes

Export Performance to EU

  • Total EU Exports: USD 3.75 billion (+13.76% YoY)
    • Represents 16% of Cambodia’s total exports of USD 23.2 billion

Import Performance from EU

  • Total EU Imports: USD 654 million (-11.89% YoY)

Major Export Products to EU

  1. Textiles and apparel
  2. Footwear
  3. Bicycles
  4. Travel goods
  5. Agricultural products and milled rice

Strategic Considerations

Cambodia will graduate from Least Developed Country (LDC) status in 2029, which will affect its current preferential access to EU markets under the EBA scheme. To prepare for this transition, the government is working on legal and policy reforms, building stronger production capabilities, and helping exporters reach new markets beyond the EU. These efforts aim to maintain trade competitiveness after graduation.

Source: Spain is Cambodia’s top EU trading partner – Khmer Times 

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