Cambodia has demonstrated robust economic performance, achieving a significant total trade volume of $44.07 billion with its global partners during the first seven months of the year. This period saw the nation’s exports soar to approximately $20.81 billion, representing an impressive 21.3 percent increase.
Detailed trade data, recorded by the General Department of Customs and released on August 10th, indicates that from January to July, the total value of trade between Cambodia and its international partners reached $44.07 billion. Alongside the substantial export growth of 21.3 percent, imports also experienced a parallel rise of 21.4 percent, signaling a dynamic and expanding trade landscape.
Among Cambodia’s key trading relationships, China emerged as the largest partner. Over these seven months, bilateral trade with the Asian economic powerhouse amounted to $13.62 billion, marking a 23.9 percent increase. Notably, Cambodian exports to China contributed approximately $1.1 billion to this total, reflecting a growth exceeding 24 percent.
The United States secured its position as Cambodia’s second-largest trade partner, with a total trade value reaching $9.42 billion, a remarkable 32 percent increase. More significantly, the U.S. remains Cambodia’s single largest export market, importing goods valued at $9.04 billion. This figure represents a 30.6 percent growth when compared to the same seven-month period in the previous year.
Vietnam stands as Cambodia’s third-largest trading partner. Bilateral trade between the two neighboring countries has shown considerable growth since the middle of the previous year. From January to July, their combined trade volume reached $5.35 billion, an increase of 8.2 percent. Within this, Cambodia’s exports to Vietnam totaled $2.73 billion, while imports from Vietnam were $2.62 billion.
Japan is Cambodia’s fourth-largest trade partner, with a total trade volume of $1.69 billion, an increase of 17.7 percent. Cambodian exports to Japan amounted to $1.08 billion, with imports from Japan totaling $611 million.
Conversely, trade with Thailand saw a decline, causing it to drop to the fifth position. Bilateral trade between Cambodia and its western neighbor decreased significantly, largely due to a halt in the movement of all types of goods via land routes between the two countries. Over the seven-month period, bilateral trade fell to $1.61 billion, a decrease of 32.7 percent. Cambodian exports to Thailand declined by 14 percent, reaching $420 million, while imports from Thailand dropped by nearly 33 percent.
Beyond these top partners, Cambodia maintains vital trade relationships with numerous other countries, both within and outside the region. These include Singapore, Malaysia, Indonesia, Canada, Spain, South Korea, the Netherlands, Germany, Taiwan, the United Kingdom, France, India, Belgium, Hong Kong, and Italy.
The primary goods exported by Cambodia encompass a diverse range of products, including textile materials, footwear, travel bags, agricultural products, car tires, various components, and electronic devices. In contrast, Cambodia’s main imports consist of pharmaceuticals and medical equipment, food products, beverages, fuel, chemicals, cosmetics, raw materials for the garment industry, construction materials, and various types of vehicles.
