Cambodia records almost US$2-B trade deficit in 9 months

Cambodia records almost US$2-B trade deficit in 9 months

Cambodia reported a trade deficit of 33% in equivalent to US$1.99-B in the 1st 9 months of this year, the report of the Ministry of Commerce showed Saturday.

During January-September period this year, the report said the country’s total import and export volume was US$10.09-B, + 20% from US$8.4-B at the same period last year.

The imports increased by 25% to US$6.04-B, whilst the exports rose by 13% to US$4.05-B, leading the trade deficit of US$1.99-B, it said.

Cambodia’s economy is supported by 4 main pillars; garment industry, tourism, agriculture and construction.

Sourced: livetradingnews