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Home ASIA Cambodia

Cambodia-US trade up 15 percent in first eight months

October 15, 2020
in Business, Cambodia, National
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Cambodia-US trade up 15 percent in first eight months
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Bilateral trade between Cambodia and the U.S. was recorded at $4,294 billion in the first eight months of this year, a year-on-year increase of 15.6 percent.

Statistics from the U.S. Census Bureau, from January to August, the Kingdom exported $4,096 billion worth of products to the world’s largest economy, up 22 percent compared to the same period last year.

Cambodia imported goods worth in total $355 million from the U.S., down 44 percent year-on-year.

In August alone, the two-way trade was valued at $723.7 million, up 9 percent compared to August last year. Of the figure, $695 million were Cambodian exports.

Cambodia mainly exported textiles, footwear, travel goods, and agricultural products to the U.S. and imported vehicles, animal feed, and machinery.

Last year, the bilateral trade between the two countries reached $5.8 billion, a year-on-year increase of 37 percent. Chea Vannak – AKP

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: CambodiaCambodia USCambodia-US trade
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