Cambodia’s Trade Volume Surges to Over USD36 Billion in First Eight Months of 2024, Marking a 16.5% Growth

• 17 September 2024
• Local News
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Cambodia’s trade volume reached an impressive USD36 billion in the first eight months of 2024, marking a significant 16.5% growth compared to the same period in 2023. This robust increase underscores Cambodia’s growing economic activity and strengthened position in global markets, according to the General Department of Customs and Excise of Cambodia.

The country’s export performance has been particularly strong, with major goods exports exceeding USD17 billion, reflecting a 16.7% rise year-on-year. Meanwhile, Cambodia’s imports surpassed USD18 billion, also rising by 16.2% compared to the same period last year. These figures highlight the sustained expansion of Cambodia’s trade footprint, driven by growing demand for its goods and diversified import sources.

Cambodia has solidified its status as a key exporter to major global markets, with the United States, Vietnam, China, Japan, Thailand, Canada, the United Kingdom, Germany, Spain, the Netherlands, France, and Hong Kong being its top trading partners. This achievement showcases Cambodia’s ability to capitalise on international trade opportunities while navigating global market challenges.

• Business and Market
• Economy and Finance