Cambodia records US$1.51-B trade deficit in 7 months

Cambodia reported a trade deficit of 34% in equivalent to US$1.51-B in the 1st 7 months of this year, the report of the Commerce Ministry showed Thursday. During January-July period this year, the country’s total import and export value was US$7.45-B, up 15% from US$6.47-B at the same period last year, the report said. The imports increased by 18% to US$4.48-B, whilst the exports rose by 11% to US$2.97-B, leading the trade deficit of US$1.51-B, it said. Cambodia is heavily reliant on international trade, and the economy is supported by garment industry, tourism, agriculture and construction…

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