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

The total trade volume between Cambodia and its partners around the world reached more than $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 $9.2 billion worth 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 by 22.6 percent to over $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 included 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, fertilisers and pesticides. AKP-Phal Sophanith