Cambodia's exports in the first five months of 2023 reached $9.18 billion, a 2.4% drop compared to last year, as reported by the General Department of Customs and Excise. Apparel, footwear, travel goods, bicycles, rice, rubber, cassava, bananas, and mangoes were the major exports.
The United States remained the leading market, with exports worth $3.19 billion, a 14.3% decrease from the previous year. Exports to Vietnam rose by 22%, reaching $1.32 billion, while exports to China increased by 13.3% to $588 million.
The government aims to attract foreign investment and boost the economy, especially with trade agreements like RCEP and FTAs with China and Korea. Import figures declined to $10,109 million, a 22.6% decrease from the previous year, with key items including oil, raw materials, machinery, and electronics.
