Cambodia’s International Trade Recorded at Almost US$32 Billion in First Eight Months
Phnom Penh, September 12, 2023 --
The total trade volume between Cambodia and its partners around the world reached almost US$32 billion in the first eight months of 2023, down 14.5 percent compared to the same period last year.
Figures from the General Department of Customs and Excise at the Ministry of Economy and Finance showed that Cambodia exported nearly US$15.7 billion worth of products to foreign markets, a year-on-year increase of 0.32 percent.
At the same time, the Kingdom’s imports saw a decrease by 25.2 percent to almost US$16.3 billion.
Cambodia's biggest markets during the said period were China, the U.S., Vietnam, Japan, Germany, Canada, etc.
The main exported items included garments, footwear, travel goods, bicycles, rice, electrical equipment, rubber, furniture, and vegetables and fruits.
The country imported mostly raw materials, construction materials, automobiles, pharmaceutical products, electronics and electrical equipment, fertilisers and pesticides.
In 2022, Cambodia’s international trade volume was recorded at more than US$52.4 billion, up 9.2 percent from 2021.