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Cambodian exports reach $8 billion Jan-June

Cambodia exported $8.201 billion in the first six months of 2021, a 17 percent increase compared to the same period last year, according to a report from the Ministry of Economy and Finance.


The Kingdom’s primary export markets are the US, the EU, Canada, Japan, China, South Korea and the ASEAN nations.


Increasing exports are seen as an indication of positive signs in local production and manufacturing despite the pandemic, although the garment sector has taken a significant hit compared to other sectors.


Nguon Meng Tech, director-general of Cambodia Chamber of Commerce, said that export growth is the driving force behind positive activity among the production chains.


“It is a good result from the government’s efforts to push active production chains to [maintain] exports [generating] jobs and economic growth,” Meng Tech said.


Last year, Cambodia shipped garment, non-garment and agricultural products worth $16 billion, a 14 percent increase compared to 2019 results.


 


Author: Chea Vanyuth


Source: Khmer Times


Images credit: KT/Mai Vireak


For Full article, please read here.


Original published date: 19 July 2021


 

July 20, 2021