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Cambodia's trade reached more than US$16.6 billion in 4 months

2024-05-13
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Summary:​Cambodia's total international trade was more than US$16.6 billion, an increase of 12.1% in the first four months of 2024.

Cambodia's total international trade was more than US$16.6 billion, an increase of 12.1% in the first four months of 2024.

Cambodia exported more than US$8 billion worth of major goods, up 15.2%, while imports were worth more than US$8.6 billion, up 9.3% from the same period in 2023. This is according to the report of the General Department of Customs and Excise of Cambodia.

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China, Vietnam, and the United States are Cambodia's three largest trading partners.

From January to April this year, Cambodia's exports to China exceeded US$486 million, up 10.7%, while imports from China exceeded US$3.99 billion, up 15.6% compared to 2023.

Cambodia's exports to Vietnam exceeded US$1.71 billion, an increase of 45%. Imports from Vietnam exceeded US$1.3 billion, an increase of 4.2%.

Cambodia's exports to the United States exceeded US$2.61 billion, an increase of 6.8%, while imports from the United States amounted to US$72 million, down 3.2% year on year.

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Cambodia is the largest exporter to the United States, Vietnam, China, Japan, Thailand, Canada, England, Germany, Spain, the Netherlands, France, Hong Kong, and other major trading partners.

Cambodia's main export goods are garments and accessories made from fabrics, fruits, and nuts; machinery and electrical equipment; footwear; rubber; and products made from rubber, as well as other important goods.

According to H.E. Pen Sovicheat, Secretary of State and spokesman for the Ministry of Commerce, Cambodia's exports are still growing well, and orders still continue. Despite a slight reduction, Cambodia is still producing essential goods such as clothing, footwear, bicycles, agricultural products, and rice; therefore, importing countries still continue to import some goods to Cambodia.

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