Cambodia’s export up 10.8 pct in first 5 months

Jun 6th at 08:06
06-06-2024 08:06:35+07:00

Cambodia’s export up 10.8 pct in first 5 months

Cambodia exported products worth $10.18 billion in the first five months of 2024, up 10.8 percent from 9.18 billion dollars over the same period last year, according to a Ministry of Commerce report released on Wednesday.

 

The report said key exported items included garments, footwear, travel goods, bicycles, and potential agricultural produce such as rice, rubber, cassava, bananas, mangoes, and longans.

Cambodia’s export reach is truly global, with the top five destinations being the United States, Vietnam, China, Japan, and Thailand. This diverse range of export partners reflects the country’s strong and varied trade relations, as highlighted in the report.

Notably, Cambodia has maintained a balanced trade growth, with the total import reaching $11.43 billion during the January-May period this year. This represents a 13 percent increase from the same period last year, as reported in the same Ministry of Commerce report.

Key imported goods included petroleum, raw materials for garments, footwear and travel goods, vehicles, machinery, electronic appliances, and consuming products, among others.

khmertimeskh



NEWS SAME CATEGORY

Cambodia’s trade with fellow RCEP members up 14.2 pct in first 5 months

A Ministry of Commerce report released on Wednesday said Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries rose to $14.17...

Cashew processing and cashew shell-extracted biomass fuel plant launched in Kampong Thom Province

A cashew processing and cashew shell-extracted biomass fuel plant invested by Japan’s MIRATH GREEN TECH has officially been inaugurated in Kampong Thom province.

Cambodian firms urged to explore US rice market

Minister of Commerce Cham Nimul yesterday encouraged domestic rice exporters to explore the market in the United States (US).

Cambodia, Canada to further boost economic ties

Cambodia and Canada will strengthen their economic ties further to boost trade and investment between the two countries.

41 Sihanoukville projects get special investment incentives

In all, 41 projects have so far qualified for incentives under the ‘Special Investment Promotion Programme for Sihanoukville,’ initiated by Prime Minister Hun Manet...

Cambodian exporters push products to regional, int’l markets

A delegation of six prominent Cambodian agricultural products and agri-food enterprises with the support of the Cambodia Export Development Program (CEDP) showcased...

Cambodia exported over three tons of live mantis shrimp to China, says MAFF

Cambodia exported more than three tons of live mantis shrimp to China, said a senior official for Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday.

Chanmony urges support for local farm products

PIch Chanmony, spouse of Prime Minister Hun Manet, Saturday called for support to promote Cambodia’s agricultural products.

Maybank formalises 2030 targets, sets plan to achieve net zero emissions by 2050

The Bank identifies decarbonisation targets for its palm oil and power portfolios with the launch of its first whitepaper series

NBC sanguine despite some banks posting losses in 2023

Given the bleak scenario of banking sector globally, it won’t be an exaggeration to say that banks in Cambodia are relatively resilient. A string of factors...


MOST READ


Back To Top