Cambodia sees $1.48b trade deficit in 9 months

cambodia tradeCambodia has seen a trade deficit of $1.48 billion in the first nine months of 2013, according to data released by the country’s Commerce Ministry on October 25.

The total import and export volume was valued at $11.82 billion during the January-September period, up 20 per cent from the $9.88 billion over the same period in 2012, the data showed.

Export rose by 28 per cent to 45.17 billion, while import went up by 16 per cent to $6.65 billion.

The country’s main trading partners are the US, Europe, China, South Korea, Japan, Thailand, Vietnam, Singapore and Malaysia.

Cambodia exports mainly garments and shoes, dry rubber, milled rice and cassava and it ships in garment raw materials, petroleum, construction materials, automobiles and motorcycles, pharmaceutical products and cosmetics.

The Southeast Asian nation’s economy is supported by garment exports, tourism, agriculture and construction. The garment sector accounts for more than 80 per cent of the country’s total exports.



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Cambodia has seen a trade deficit of $1.48 billion in the first nine months of 2013, according to data released by the country's Commerce Ministry on October 25. The total import and export volume was valued at $11.82 billion during the January-September period, up 20 per cent from the $9.88 billion over the same period in 2012, the data showed. Export rose by 28 per cent to 45.17 billion, while import went up by 16 per cent to $6.65 billion. The country's main trading partners are the US, Europe, China, South Korea, Japan, Thailand, Vietnam, Singapore and Malaysia. Cambodia exports...

cambodia tradeCambodia has seen a trade deficit of $1.48 billion in the first nine months of 2013, according to data released by the country’s Commerce Ministry on October 25.

The total import and export volume was valued at $11.82 billion during the January-September period, up 20 per cent from the $9.88 billion over the same period in 2012, the data showed.

Export rose by 28 per cent to 45.17 billion, while import went up by 16 per cent to $6.65 billion.

The country’s main trading partners are the US, Europe, China, South Korea, Japan, Thailand, Vietnam, Singapore and Malaysia.

Cambodia exports mainly garments and shoes, dry rubber, milled rice and cassava and it ships in garment raw materials, petroleum, construction materials, automobiles and motorcycles, pharmaceutical products and cosmetics.

The Southeast Asian nation’s economy is supported by garment exports, tourism, agriculture and construction. The garment sector accounts for more than 80 per cent of the country’s total exports.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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Donation Total: $10.00

 

 

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