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Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

Cambodia Records Over US $13 Billion in First Quarter Trade

  • Posted Apr 19, 2022 11:03 by Darshana Gauchan
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PHNOM PENH: In the first quarter of 2022, Cambodia reached US $13.162 billion in total trade volume, which is a 9.1% increase from the same period in 2021. This is according to the latest figures from the General Department of Customs and Excise of the Ministry of Economy and Finance.

Cambodia exported US $5.716 billion worth of products to foreign markets in the first quarter of the year, seeing a 25.7% increase from the same period last year. Meanwhile, there has been a 0.9% decrease in imports, recorded at a total of US $7.445 billion.

Among Cambodia's foreign export markets, the United States is by far the biggest, with the volume of exports amounting to US $2.15 billion — an increase of 43.7% from 2021. The United States is followed by Vietnam (US $758.8 million), Thailand (US $248.5 million), and China (US $333.5 million).

Cambodia also saw a 30.1% increase in goods and raw materials imported from China compared to the first three months of 2021, amounting to over US $2.551 billion.

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