PHNOM PENH: The total trade volume between Cambodia and its partners around the world reached more than $19 billion USD in the first five months of 2023, down 14% when compared to the same period last year.
Figures from the Ministry of Economy and Finance showed that Cambodia exported almost $9.2 billion USD worth of products to foreign markets, a decline of 2.4%.
The country’s imports saw a 22.6% decrease, totalling just over $10 billion USD and consisted mostly of raw materials, construction materials, automobiles, pharmaceutical products, electronics, fertilisers and pesticides.
Cambodia's ten biggest trade partners so far this year were China, the U.S., Vietnam, Thailand, Japan, Singapore, Indonesia, Germany, Taiwan, and Canada.
The main exported items included garments, footwear, travel goods, bicycles, rice, electrical equipment, rubber, furniture, and produce.
