Cambodia’s export to US still on the rise despite pandemic

• Jan 08, 2021

Cambodia’s exports to the US was valued $6,059 million worth of goods in the first eleven months of 2020, inching up 17 percent compared to that in a year before, reflecting strong export amid the world face hard time of COVID-19 pandemic.

Figures from the US government shows that the bilateral trade between Cambodia and the US was valued $6,369 million, sliding down 22 percent year-on-year.

The figures also stated from January to November, Cambodia imported $312 million worth of products from the world’s biggest economic country, a year-on-year decrease of 36 percent.

Cambodia’s main products exported to the US are mostly garment products, footwear and travel and beg product, while the main products imported from the US are vehicle, animal feeds, and machinery etc.

Last year, the two-way trade amount between Cambodia and the US increased by 38 percent to $5.8 billion, of which Cambodia exported $5.3 billion worth of goods to the US.

Source: https://www.khmertimeskh.com/50801932/cambodias-export-to-us-still-on-the-rise-despite-pandemic/