Cambodia: Customs revenues reaches $2.295 billion in 2021

• Feb 14, 2022

Approximately $2.295 billion was collected as customs revenue in 2021, about 97.1 percent of the yearly plan, according to the data from the General Department of Customs and Excise (GDCE).

The data was shared in a meeting held here yesterday under the chairmanship of Aun Pornmoniroth, Deputy Prime Minister, Minister of Economy and Finance.

Of the total revenue, the value-added tax shared 38 percent, special VAT 37.8 percent, and the rest was from other customs duty, VAT on petroleum, and export taxes.

Breaking down by goods, revenues from the tax on imports of vehicles and machinery accounted for 43 percent while mixed goods for 28 percent, and others including construction material import tax for about 30 percent.

In 2020, the GDCE earned $2.419 billion, down 24 percent compared to a year earlier. Chea Vannak – AKP

Source: https://www.khmertimeskh.com/501023830/customs-revenues-reaches-2-295-billion-in-2021/