Cambodia’s international trade recorded at almost $32 billion in first eight months

PHNOM PENH: The total trade volume between Cambodia and its partners around the world reached almost $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 $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 of 25.2 percent to almost $16.3 billion. Cambodia's biggest markets during the said period were , the U.S., Vietnam, Japan, Germany, Canada, etc.

The main exported items include 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, fertilizers and pesticides.

In 2022, Cambodia's international volume was recorded at more than $52.4 billion, up 9.2 percent from 2021.

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