Cambodia’s exports to US nets $5.5 billion in January-October

Bicycle Exports Brought In Almost $250M in S1

From January through October, Cambodia exported $5,516.9 million worth of products to the US, a 30.9% increase compared to the same period last year.

Trade figures from the US Census Bureau showed that the Kingdom imported $346.6 million worth of goods from the world’s biggest economic nation, a year-on-year increase of 28.7%.

This resulted in Cambodia’s trade surplus with the US at $6,877 million, a 31% increase compared to the same period last year.

Cambodia’s exports to the US were mostly garments and included goods such as footwear, bicycles and furniture. They are exported under the US Generalised System of Preference.

The Kingdom imports automobiles, machinery, electrical appliances and electronics.

Bilateral trade between the Kingdom and the US amounted to $6.9 billion in 2020, which was up 17.89% from 2019.

The value of Cambodian goods exported to the US was $6.5 billion in 2020. That figure rose 22.79% from the $5.3 billion recorded in 2019. Khmer Times