Cambodia’s international trade volume increased by more than 20% year-on-year in the first three quarters of this year

China News Service, Phnom Penh, October 9 (Yang Qiang, Zhang Yanlin) A statistical report released by the General Administration of Customs of Cambodia on the 9th local time showed that in the first three quarters of this year, the country’s total import and export of goods exceeded US$57 billion, a year-on-year increase of 21.3%. Among them, the export value was US$27.09 billion, a year-on-year increase of 21%; the import value was US$29.916 billion, a year-on-year increase of 21.6%.

Statistics show that from January to September this year, the total trade volume between Cambodia and China reached US$17.583 billion, a year-on-year increase of 23.8%. China continues to remain Cambodia's largest trading partner. During the same period, the United States and Vietnam were Cambodia's second and third largest trading partners respectively. The bilateral trade volumes between Cambodia and the United States and Cambodia and Vietnam were US$12.469 billion and US$6.586 billion respectively.

The report released by the Cambodian Ministry of Commerce on the 8th is slightly different from the customs statistics. According to data from the Cambodian Ministry of Commerce, the country’s total import and export volume in the first nine months of this year reached US$58.49 billion, a year-on-year increase of 22.1%. Among them, the trade volume between Cambodia and the member countries of the Regional Comprehensive Economic Partnership Agreement (RCEP) was US$35.79 billion, a year-on-year increase of 21.3%.

Cambodia's main export commodities include clothing, footwear, travel supplies, machinery and electrical equipment, agricultural products, bicycles, tires, furniture and other manufactured goods. Officials from the Ministry of Commerce said that Cambodia will continue to promote the diversification of export markets and strengthen trade facilitation to expand opportunities for Cambodian products in the international market.