Wednesday, May 7, 2014

Cambodia-U.S. trade up 11 pct in Q1


English.news.cn   2014-05-07 16:55:43
PHNOM PENH, May 7 (Xinhua) -- Bilateral trade volume between Cambodia and the United States had amounted to 845 million U.S. dollars in the first three months of 2014.
The number saw a 11-percent rise from 758 million U.S. dollars over the same period last year, figures release by the U.S. Department of Commerce showed Wednesday.
U.S is Cambodia's second largest export market after Europe.
During the January-March period this year, Cambodia's export to the U.S. was valued at 771 million U.S. dollars, seeing a year-on- year increase of 11 percent.
Meanwhile, the country's import from the U. S. was worth 74 million U.S. dollars, up 17 percent.
Main products Cambodia sold to the U.S. were garments and footwear. In return, it bought vehicles, machinery and medical equipment and supplies.
A spokesman for the Cambodian Ministry of Commerce Kem Ratha said the surge in the bilateral trade was thanks to good relations and cooperation between the two countries.
Last year, the bilateral trade volume was valued at 3.01 billion U.S. dollars, up 3 percent year-on-year.
Editor: Yang Yi

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