Friday, July 4, 2025
Khmer Daily Cambodia News
34 °c
Phnom Penh
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
The Khmer Daily
No Result
View All Result
Home ASIA Cambodia

Cambodia’s total trade volume in the first eight months this year remains positive

October 13, 2021
in Business, Cambodia, National
0
Cambodia’s total trade volume in the first eight months this year remains positive
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

Cambodia’s total trade volume in the first eight months this year remains positive despite the global economic fallout from the Covid-19 pandemic.

The trade volume reached $25,610 million in the January-August period, up 7.9 percent compared with the same period last year.

Cambodia’s total exports were worth $11,010 million, a year-on-year increase of 20.4 percent compared with the same period last year, according to a report from the Ministry of Economy and Finance, which stated total exports excluded gold.

Total imports were valued at $14,600 million, an increase of 26.7 percent in the same period, the report stated.

The eight-month export growth was driven by a increase in garments, bicycles and other export goods including furniture, rubber, fur skins, solar equipment, electronics and electric parts, wires and cables, bananas, sugar, as well other agricultural products including cassava and mangoes, the ministry stated in the report.

The increase in total imports was backed mainly by the increase in fabric imports, construction equipment, petroleum, and other products.

Cambodia’s economy has been affected by the negative impact of the Covid-19 pandemic, especially the Feb 20 event that put a lot of pressure on main sectors of Cambodia’s economic growth, read the report.

“As of August 2021, international tourist arrivals, activities in the construction sector and foreign investment have continued to decline. However, the non-garment exports, especially bicycles, electronics assembly, wooden products, gold and agricultural products have still continued to keep momentum and the garment export sector has continued to recover,” the report read.

Cambodia’s main trading partners are the United States, the European Union, China, Japan, South Korea, Thailand and Vietnam.

Lim Heng, vice-president of Cambodia Chamber of Commerce, said: “With trade pacts bilaterally and multilaterally, Cambodia is expected to receive more investment, which will boost both exports of finished products and imports of raw materials to feed the production chains.”

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

Tags: CambodiaCambodia’s total trade volume
Previous Post

Europe invests $17 million to modernise the Cambodia’s agriculture system

Next Post

Thailand may call for renewed talks on disputed oil and gas fields with Cambodia

Related Posts

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

by Khmer Times
July 3, 2023
0
103

Neak Poan Temple is one of the most attractive tourist destinations among the ancient temples, which is located along the...

Cambodian pepper gains direct export rights to China

Cambodian pepper gains direct export rights to China

by Khmer Times
July 3, 2023
0
80

The Chinese Embassy in Cambodia announced today that Cambodian pepper has completed all export procedures to China, which means can...

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

by AsiaOne
June 14, 2023
0
108

One of South Korea's top livestreamers was recently found dead in Cambodia. Byeon Ah-young's body was discovered — wrapped in a...

Most Popular

New dairy farm in Cambodia, Kirisu, goes into fresh milk production operated by Khmer Fresh Milk

New dairy farm in Cambodia, Kirisu, goes into fresh milk production operated by Khmer Fresh Milk

July 17, 2020
505
Cambodia rice production losses caused by droughts about $100 million

Cambodia rice production losses caused by droughts about $100 million

October 1, 2021
16
Is this Japan’s weirdest mascot? Meet Hokkaido’s Zushihocky, part rice, part clam

Is this Japan’s weirdest mascot? Meet Hokkaido’s Zushihocky, part rice, part clam

May 27, 2020
38
Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

July 3, 2023
103
Waste-to-energy plans in Cambodia on hold for time being

Waste-to-energy plans in Cambodia on hold for time being

November 11, 2020
31
Four Companies team-up to turn Sihanoukville into a Fintech hub in Cambodia

Four Companies team-up to turn Sihanoukville into a Fintech hub in Cambodia

December 2, 2021
33

© 2020 By Khmer Daily News

No Result
View All Result
  • Home
  • Latest
  • Cambodia
  • ASIA
  • World
  • Business
  • Tech

© 2019 The Khmer Daily.

error: Content is protected !!