Logo of Phnom Penh Post newspaper Phnom Penh Post - Jan-Mar alcohol imports dip

Jan-Mar alcohol imports dip

Content image - Phnom Penh Post
The Kingdom imported $70.34 million worth of beverages, spirits and vinegar in the first quarter of this year, down by over 15 per cent year-on-year. FRESH NEWS

Jan-Mar alcohol imports dip

Cambodia's imports of beverages, spirits and vinegar declined 15 per cent to $70.34 million in the first quarter of 2022 from $83.09 million a year ago, likely due to lower demand following government calls to cut gatherings and entertainment activities.

General Department of Customs and Excise data showed that in March alone, total imports dipped 1.4 per cent to $26.2 million compared to $26.6 million last year.

“The government’s decision to restrict gatherings, including wedding parties and traditional ceremonies to combat the spread of Covid-19, slower public spending and the increase of domestic production might have impacted the imports.

“The import of expensive wines and whiskeys remained the same though,” said Hong Vanak, director of International Economics at the Royal Academy of Cambodia.

He said because most of the products are not raw materials for the production of fabrics, leather and other goods for export to international markets, the decline in beverage, spirits and vinegar imports is not bad for the national economy.

In fact, an economic analysis would show that reduced imports of these products may provide more profit for the domestic production chain as manufacturers would be able to expand production to meet local demand.

“They can also export to international markets. This will bring more international currency into the Cambodian economy,” he told The Post on May 3.

Reflecting his opinion, two new breweries – Hanuman Beverages and Vattanac Brewery with a total investment of $300 million – were opened in 2021, at the height of the pandemic, bringing the total number of local breweries to 13 in Cambodia.


  • Tensions high ahead of historic Kun Khmer match up

    The long-awaited November 5 matchup between Kun Khmer legend Prum Samnang and Myanmar-Canadian boxer Dave Leduc has become the most anticipated fight of the year. The Wurkz Sena Kun Khmer promotion, which will be held at the Town Arena at Chip Mong 271 Megamall, will see six

  • Manet: Cambodia safe for travel

    Prime Minister Hun Manet acknowledged that Cambodia and China have cooperated to tackle internet scamming, fraud and other cross border crimes, but insisted that the “Kingdom of Wonders” is completely peaceful and safe. He welcomed tourists to come and explore its rich heritage. During a

  • UNESCO formally list Battambang gastronomy

    Battambang, renowned for its cultural heritage, has achieved a significant milestone as the first Cambodian municipality to join the UNESCO Creative Cities Network (UCCN). The UCCN unites nearly 300 cities prioritising creativity and cultural industries in local development plans and international cooperation. On World Cities Day,

  • Cambodia pivots to solar, wind energy

    Cambodia is planning a move towards solar and wind energy to meet its rising power demands, according to Minister of Mines and Energy Keo Rottanak. On the sidelines of the Singapore International Energy Week event held recently, Rottanak emphasised the urgency of diversifying Cambodia’s

  • Angkor causeway symbol of Cambodia-Japan ties

    In a historic moment marking another milestone in the 70-year-long diplomatic relations between Cambodia and Japan, King Norodom Sihamoni celebrated the formal inauguration of a causeway located to the west of the world-renowned Angkor Wat. While presiding over the November 4 ceremony, the King emphasised the

  • Manet calls for Cambodia’s railways to get back on track

    Prime Minister Hun Manet has instructed the relevant authorities to expedite studies into upgrades to the Phnom Penh to Preah Sihanouk railway line. He suggested that the maximum speed on the line should be increased to 80km/h, in order to expedite the transportation of