Cambodian exports to US surpass $1B in Q1 for first time

Cambodian exports to the US have seen a strong expansion this year, surpassing $1 billion in the first quarter for the first time, thanks largely to a boost in travel goods exports.

Cambodian-made suitcases and handbags have been provided access to the US market under the Generalised System of Preferences (GSP) programme since July 2016. Access has contributed significantly to increasing the value of the Kingdom’s exports to the country.

According to the latest trade data from the US government, Cambodian exports from January to March amounted to $1.12 billion – up 24 per cent from $903.6 million during the same period last year.

In full: https://www.phnompenhpost.com/business/cambodian-exports-us-surpass-1b-q1-first-time

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