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Trade

Car Tyre Exports Surge 80% in Early 2025 Amid Manufacturing Expansion

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作者: TBC Desk
Phnom Penh · 2025年6月21日 · 阅读约1分钟
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Car Tyre Exports Surge 80% in Early 2025 Amid Manufacturing Expansion

Phnom Penh, June 21 — A robust increase in car tyre exports was recorded during the first five months of 2025, reflecting the country’s expanding industrial base and growing appeal to global manufacturers.

According to a recent report from the Ministry of Commerce, car tyres worth US$560.7 million were exported between January and May 2025. This marks a nearly 80 percent rise compared to US$308 million during the same period last year.

The sharp growth was attributed to successful export promotion policies and the increasing number of tyre manufacturers setting up or expanding operations in the Kingdom.

“Car tyre exports represent a new and promising product category,” said H.E. Penn Sovicheat, Secretary of State and Spokesperson for the Ministry of Commerce. “This reflects the government’s commitment to export diversification and the development of value-added manufacturing.”

He noted that the Royal Government has been streamlining business processes, improving the investment climate, and expanding international market access to bolster export capacity.

The country currently hosts seven car tyre manufacturing projects, creating a steady demand for domestically produced rubber. Over 420,000 hectares of rubber plantations are under cultivation, with approximately 330,000 hectares, or 77 percent, mature and ready for tapping.

Major export destinations for tyres include Malaysia, Vietnam, Singapore, and China, indicating strong regional demand and supply chain integration.

The surge in tyre exports is part of a broader strategy to position the country as a competitive manufacturing hub in Southeast Asia, while also supporting its agricultural sector through higher-value industrial applications.

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