Cambodia Earns US$1.1-billion Customs Revenue in H1; Construction Materials Contribute 6.2%

• 16 July 2021
• Local News
• 2099 Views

During the first half of 2021, the Cambodian government collected a total of US$1.1 billion in customs and excise revenue, of which construction materials contributed 6.2% or equivalent to US$71.7 million.

A report from the General Directorate of Customs and Excise showed that the total revenue of Customs and Excise in H1 2021 dropped by 9% compared to the same period of 2020.

However, 49% of the annual plan set by the Financial Law for 2021 has already been reached.

The report did not attach the amount and value of construction materials imported. But according to the report from the Ministry of Economy and Finance, Cambodia imported over US$1 billion worth of construction materials in 2020, a 7.3% decrease compared to 2019.

• Economy and Finance