Key Market Indicators
Cambodia's commercial vehicle registration is projected to reach approximately 4,360 units by 2028, marking an average annual growth rate of 2.1% from the 3,840 units recorded in 2023. This steady increase comes after a stronger growth period since 2010, when the market expanded at an average annual rate of 3.4%. In the global ranking for 2023, Cambodia held the 81st position, just behind Nigeria, which registered 3,840 units. Leading the list were Canada, Mexico, and Argentina, securing the second, third, and fourth spots respectively.
