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Cambodia’s international trade recorded at over $19B in first five months

PHNOM PENH: The total trade volume between Cambodia and its partners worldwide reached more than US$19 billion in the first five months of 2023, down 14 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 almost US$9.2 billion of products to foreign markets, a year-on-year decline of 2.4 percent.

At the same time, the Kingdom’s imports saw a decrease of 22.6 percent to over US$10 billion.

Cambodia’s 10 biggest markets during the said period were China, the U.S., Vietnam, Thailand, Japan, Singapore, Indonesia, Germany, China’s Taiwan, and Canada.

The main exported items include garments, footwear, travel goods, bicycles, rice, electrical equipment, rubber, furniture, and vegetables and fruits.

The country imported raw primary materials, construction materials, automobiles, pharmaceutical products, electronics and electrical equipment, fertilizers, and pesticides.

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