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Cambodia’s e-commerce market set to hit $1.78 billion in 2025

Cambodia’s e-commerce sector is poised for strong growth, with the market projected to reach $1.78 billion by 2025, up from $1.51 billion in 2024, according to iTrade Bulletin by the Ministry of Commerce (MoC).

The data represents a compound annual growth rate of 17.88 percent, highlighting the rapid digital adoption among consumers and businesses.

The country holds a 1.3 percent share of the ASEAN e-commerce market, which is expected to grow from $116.36 billion in 2024 to $137.24 billion by 2025.

E-commerce has become a significant contributor to Cambodia’s economy, accounting for 6.68 percent of GDP in 2024. Platforms such as Facebook, TikTok, and Telegram dominate online sales, underscoring the role of social commerce in driving digital transactions.

QR codes have emerged as the most popular payment method, representing 47.15 percent of transactions, followed by cash at 26.5 percent, mobile money transfers at 13.3 percent, and other methods at 13.05 percent. This trend reflects growing public confidence in digital payments, supported by mobile banking integration.

ABA Bank leads in banking integration with a 46.89 percent share, followed by ACLEDA Bank at 30.90 percent and Wing Bank at 17.02 percent, emphasizing the importance of financial institutions in the digital economy.

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May 29, 2025