Cambodia earns $7 billion from goods export to US in the first nine months of 2022

Cambodia exported $7 billion worth of goods to the US market in the first nine months of this year, a year-on-year increase of 29.4 percent, according to a report of the General Department of Customs and Excise (GDCE) report this week. The US remained the largest buyer of Cambodia’s products, followed by Vietnam, China, Japan, Canada and Germany, read the report, citing that the US accounted for 40.8 percent of Cambodia’s total goods export volume during the January-September period. Cambodia’s exports to the US were mostly garments and included goods such as footwear, bicycles and furniture. The Kingdom imports include automobiles, machinery, electrical appliances and electronics. The Kingdom imported $250.7 million worth of goods from the US during the period, a year-on-year decrease of 2.5 percent, read the report. .According to the GDCE, Cambodia exported $17. 2 billion in the three quarter period, a 22.1 percent increase over the same period last year. This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources. Khmer Daily