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Home » Asia » What are the major imports of Cambodia?

What are the major imports of Cambodia?

December 14, 2021 by Bo Lang

Imports The top imports of Cambodia are Refined Petroleum ($2.51B), Light Rubberized Knitted Fabric ($2.34B), Gold ($1.82B), Cars ($844M), and Flavored Water ($608M), importing mostly from China ($7.77B), Thailand ($6.96B), Vietnam ($4.37B), Singapore ($2.23B), and Chinese Taipei ($795M).

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Contents

What is Cambodia main imports?

Cambodia mainly imports petroleum products, fabrics, vehicles, wholesale yarn, cigarettes, electrical communications equipment and medicine. Cambodia’s main import partners are China, Thailand, Hong Kong, Viet Nam, Taiwan and South Korea. .

What is Cambodia major exports and imports?

Cambodia’s exports are dominated by textile goods, which account for around 70 percent of total exports. Other export products include vehicles, footwear, natural rubber and fish. Cambodia’s main export partners are the United States, Hong Kong, Singapore, Canada, Germany and the UK.

What products are exported and imported in Cambodia?

In 2000, major export commodities were timber, garments, rubber, rice, and fish. Major import commodities were cigarettes, gold, construction materials, petroleum products, machinery, and motor vehicles.

What are our major imports?

Machinery (including computers and hardware) – $213.1 billion. Minerals, fuels, and oil – $189.9 billion. Electrical machinery and equipment – $176.1 billion. Aircraft and spacecraft – $139.1 billion.

What is the main product of Cambodia?

Rice is Cambodia’s major crop, its principal food, and, in times of peace, its most important export commodity. Rice is grown on most of the country’s total cultivated land area.

What manufactures Cambodia?

Economy of Cambodia

Statistics
Main industries tourism, garments, construction, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles
Ease-of-doing-business rank 144th (medium, 2020)
External
Exports $11.42 billion (2017 est.)
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What does Cambodia mainly export?

Cambodia’s primary exports are garments, agricultural goods and industrial products, while its imports are mainly vehicles, machinery, oil, construction materials, raw materials for garments and food.Last year, the Kingdom exported $17 billion of goods,which was up by 16.72 per cent from 2019.

What does China import from Cambodia?

Cambodia Imports from China Value Year
Knitted or crocheted fabric $1.55B 2019
Manmade staple fibers $777.16M 2019
Machinery, nuclear reactors, boilers $758.29M 2019
Electrical, electronic equipment $612.99M 2019

What is Cambodia known for?

What is Cambodia Most Famous For?

  • Angkor Wat.
  • The Bayon.
  • Ta Prohm.
  • Tonlé Sap Lake.
  • Apsaras Dance Performance.
  • Tuol Sleng Genocide Museum & Choeng Ek Memorial.
  • Phnom Penh Royal Palace & Silver Pagoda.
  • Koh Rong.

How can I import goods to Cambodia?

Businesses importing into Cambodia must provide the following documents when their goods arrive:

  1. Customs Import Declaration;
  2. Commercial Invoice;
  3. Packing List;
  4. Road Transport Document (if arriving by land);
  5. Bill of Lading (if arriving by sea);
  6. Import Permit;
  7. Insurance Certificate;
  8. Tax Certificate;

What does the US import from Cambodia?

The top import categories (2-digit HS) in 2020 were: knit apparel ($2.1 billion), leather products ($950 million), woven apparel ($836 million), furniture and bedding ($737 million), and footwear ($501 million). U.S. total imports of agricultural products from Cambodia totaled $74 million in 2020.

What countries trade with Cambodia?

The country’s main import sources now are China, the United States, Thailand, Vietnam, and Hong Kong. Most exports go to the United States, Hong Kong, Singapore, the United Kingdom, and Germany. Goods are freely smuggled between Cambodia and Thailand, and large volumes of Cambodian imports are undocumented and untaxed.

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Which country imports the most?

In 2020, the U.S. were the leading import country in the world with an import value of about 2.41 trillion US dollars. Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports.

What we import from other countries?

Top 10 imports of India

  • Crude petroleum (21.6%)
  • Gold (5.9%)
  • Petroleum products (5.8%)
  • Coal, coke and briquettes (4.7%)
  • Pearl, precious and semi-precious stones (4.7%)
  • Electronic components (3.4%)
  • Telecom instruments (3%)
  • Organic chemicals (2.5%)

What does China import?

Most of China’s imports consist of machinery and apparatus (including semiconductors, computers, and office machines), chemicals, and fuels. The main import sources are Japan, Taiwan, South Korea, Australia, the countries of the European Union (EU), and the United States.

Who does Cambodia export to?

Cambodia trade balance, exports and imports by country
In 2019, Cambodia major trading partner countries for exports were United States, Japan, Germany, China and United Kingdom and for imports they were China, Thailand, Vietnam, Japan and Other Asia, nes.

How is Cambodia economy?

Driven by garment exports and tourism, Cambodia’s economy has sustained an average annual growth rate of 7.7 percent between 1998 and 2019, making it one of the fastest-growing economies in the world.

What type of economy is Cambodia?

Cambodia has a mixed economic system, self- defined as a planned economy with markets, in which the economy includes a variety of private freedom, combined with centralized economic planning and government regulation. Cambodia is a member of the Association of Southeast Asian Nations (ASEAN).

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Is Cambodia a rich or poor country?

Cambodia – Poverty and wealth
Cambodia is currently one of the poorest countries in the world. Its per-capita income is only US$260. However, if adjusted for purchasing power parity (which takes into account the low prices for goods in Cambodia), its per-capita income jumps rather dramatically to US$1300.

How many manufacturing are there in Cambodia?

There were 1,528 factories in Cambodia at the end of 2018 according to figures from the Ministry of Industry and Handicraft, with 922 – almost two-thirds – operated by weaving, bag, garment, and footwear manufacturers. 2018 saw 178 new factories opening, compared to 150 in 2017.

Filed Under: Asia

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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