PHNOM PENH: According to a report released this week by the General Department of Customs and Excise (GDCE), Cambodia exported US$7,046 million in goods to the US market in the first nine months of this year, a 29.4 percent increase over the same period last year.
At the same time, the Kingdom imported US$250.7 million in goods from the US during the period, a 2.5 percent decrease year on year, which brings the total trade between Cambodia-US to reach $7.254 billion by the end of September.
According to the report, the United States remained the largest buyer of Cambodian products, followed by Vietnam, China, and Japan, and 40.8 percent of Cambodia’s total exported goods were transferred to the United States between January and September. Cambodian products exported to the US market are mainly garments, footwear, bicycles, and furniture.
According to the GDCE, Cambodia exported US$17,258 million in goods in the first three quarters of this year, a 22.1 percent increase over the same period last year. Meanwhile, the GDT generated $2.68 billion in tax revenue during the same period, a 27 percent increase year on year.