Cambodia

Cambodia ranked No. 52 in total trade value through July with a total of $3.57 billion. Exports totaled $170.18 million and Imports totaled $3.4 billion, a deficit of $3.23 billion.

U.S. trade with Cambodia rose to $3.57 billion through July

Cambodia’s trade with the United States rose to $3.57 billion through the first seven months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 16.84 percent above its total trade during the same time period last year. U.S. exports to Cambodia decreased 44.57 percent while U.S. imports from Cambodia rose 23.7 percent. The U.S. deficit with Cambodia was $3.23 billion.

Through July, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Port of Savannah, Ga.; No. 3 Port of Newark; No. 4 Port of Long Beach; and No. 5 Port of Virginia. During the same period the previous year, the top five were No. 1 Port of Los Angeles; No. 2 Port of Savannah, Ga.; No. 3 Port of Newark; No. 4 Port of Long Beach and No. 5 Port of Seattle, Wash.. In the current time period, the top five accounted for 77.46 percent of Cambodia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles rose 14.98 percent to $1.54 billion.
    Exports fell 49.24 percent to $46.84 million. Imports rose 19.72 percent to $1.5 billion.
  • Trade with No. 2 Port of Savannah, Ga. rose 14.67 percent to $388.97 million.
    Exports fell 60.62 percent to $28.45 million. Imports rose 35.05 percent to $360.51 million.
  • Trade with No. 3 Port of Newark rose 17.67 percent to $360.57 million.
    Exports fell 47.89 percent to $7.02 million. Imports rose 20.69 percent to $353.56 million.
  • Trade with No. 4 Port of Long Beach rose 34.05 percent to $354.61 million.
    Exports fell 54.42 percent to $18.91 million. Imports rose 50.51 percent to $335.7 million.
  • Trade with No. 5 Port of Virginia rose 44.38 percent to $117.29 million.
    Exports fell 14.34 percent to $9.34 million. Imports rose 53.48 percent to $107.96 million.

Cambodia ranked No. 52 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 58.

Meanwhile, total U.S. trade with the world increased to $2.08 trillion, down 49.83 percent compared to the same period last year. The nation’s exports dropped 51.38 percent to $799.82 billion; imports dropped 48.81 percent to $1.28 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $479.12 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Cambodia by value through July were the categories of Passenger vehicles; Motor vehicle parts; Misc. raw furskins; Prepared foods, beverages; and Non-woven fabric, respectively. They accounted for 56.04 percent of total exports to Cambodia.

The value of the top five categories of U.S. imports from Cambodia –– Travel goods, including handbags, wallets, jewelry; Sweaters, pullovers, vests, knit or crocheted; Women’s or girls’ suits, not knit; Women’s or girls’ suits, knit or crocheted; and Babies’ garments, accessories, knit or crocheted –– accounted for 40.86 percent of all inbound shipments.

Looking more closely at U.S. exports to Cambodia:

  • Passenger vehicles fell 60.73 percent compared to last year to $66.08 million.
  • Motor vehicle parts fell 64.79 percent compared to last year to $13.33 million.
  • Misc. raw furskins rose 49.42 percent compared to last year to $6.26 million.
  • Prepared foods, beverages rose 8.69 percent compared to last year to $5.08 million.
  • Non-woven fabric rose 169.23 percent compared to last year to $4.62 million.

Looking more closely at U.S. imports from Cambodia:

  • Travel goods, including handbags, wallets, jewelry rose 18.65 percent compared to last year to $574.03 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 22.98 percent compared to last year to $295.33 million.
  • Women’s or girls’ suits, not knit rose 27.42 percent compared to last year to $195.79 million.
  • Women’s or girls’ suits, knit or crocheted fell 8.5 percent compared to last year to $162.57 million.
  • Babies’ garments, accessories, knit or crocheted rose 16.31 percent compared to last year to $161.69 million.

In the latest annual figures available, Cambodia recorded $5.88 billion in trade with the United States. Total U.S. exports to Cambodia were $ 513.42 million and imports from Cambodia were $5.36 billion. The U.S. deficit with Cambodia was $4.85 billion.