Recovery in large economies gives exports a boost

Aided by the recovery of large economies in the United States, the European Union and Japan, Cambodia’s exports jumped more than 20 per cent during the first half of the year compared with the same period in 2012.

Ministry of Commerce data released at the end of last week showed that total exports in the first six months were worth more than $3 billion, a 26 per cent year-on-year increase. Imports, meanwhile, topped exports, at a value of $4.5 billion. …

According to the statistics, total exports of garment wear and textiles went up by nearly 20 per cent to $2.5 billion. Agricultural exports rose by 40 per cent in the same period to reach $293 million, while the remaining products cover a wide range of goods, including electronics. …

May Kunmakara
http://www.phnompenhpost.com/business/recovery-large-economies-gives-exports-boost