Cambodia's export value surges 26% YoY in January-August
/ September 13, 2022
Cambodia exported $15,641mn worth of goods in the January-August period of this year, up by 26.3% compared to the same period last year, the General Department of Customs and Excise report said on Monday. The total value of the Kingdom's international trade rose by 21.5% YoY to $37,405mn, the report said, citing that imports increased by 18.3% YoY to $21,764mn during the period. The US remains the biggest market for Cambodia's products with exports amounting to $6,421mn, a 37% increase YoY, and accounting for 41% of the total export. Garment, footwear, and travel goods remain the country's biggest shares of total exports, but the non-garment product exports were on a significant increase. Manageable level of Covid-19, leading to the government's resumption of all kinds of socio-economic activities, is the firm fundamental of keeping stable industrial production chain and attract new foreign investments. (Source: Khmer Times)