Exports to US jump more than 37 percent, imports also gain January to July

Cambodia’s exports to the US rose 37.26 percent measured Jan-July. Shipments adding up to more than $3.8 billion were made up mainly of clothing, footwear and travel products.

Exports far outstripped imports by value. Cambodia bought just over $209 million worth of goods from the US, mainly vehicles, animal feed, and machinery. Still, that was a 49.62 percent increase over the same period in 2020.

Bilateral trade amounted to $6.9 billion in 2020, up nearly 189 per cent from 2019.

Commerce Ministry spokesperson Penn Sovicheat noted Cambodia was seeing increased orders as US manufacturers cut trade with Myanmar because of human rights concerns.

He said, “We expect the export market to the US will continue to be good as consumer confidence is increasing as the US economy comes back to life. We welcome the opportunity to meet this increase in demand.”

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