Kampuchea'S Total Trade Volume Has Reached US $6 Billion 200 Million 5 Thousand.
< p > because of the stable political environment in Kampuchea, the urbanization of Phnom Penh in the capital has led to the vigorous development of the surrounding manufacturing industry. At present, the economy and trade in Kampuchea are steadily developing. In the first 5 months of 2013, the total trade volume of the country has reached 6 billion 200 million 5 thousand dollars.
The most important pillar industry is < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > industry.
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< p > according to the information released by the Ministry of Commerce of Kampuchea, in the first 3 months of this year, Kampuchea's "a" target= "_blank" href= "http://www.91se91.com/" > clothing "/a" exports increased by 17.5% compared with the same period last year, reaching 1 billion 340 million US dollars.
As Kampuchea still relies on imported textile raw materials for clothing, in January 2013 -3, imports of textiles and clothing materials in Kampuchea grew by 18.3% over the same period last year, reaching US $753 million.
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The strong growth of imports and exports of textiles and clothing in the first quarter of 2013 P also shows that the garment industry in Kampuchea is expanding.
Benefiting from low labor costs, more and more European buyers are turning to Kampuchea for orders, mainly due to the rise in the minimum wage in mainland China, and the impact of labor and wage related industries such as clothing and textiles is at stake.
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In 2012, Kampuchea exported 4 billion 610 million US dollars of clothing, which was 9% higher than that of 2011's export of US $4 billion 240 million.
Kampuchea garments are mainly exported to the United States and the European Union, while Kampuchea relies on imported textile materials from Asian countries, especially China, Korea and Japan.
The garment industry is a major industry in Kampuchea earning foreign countries, accounting for about 80% of Kampuchea's total exports.
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< p > in addition, the World Bank forecasts that Kampuchea's total export volume in 2013 should reach US $6 billion 300 million 9 thousand, and the total import volume should be US $9 billion 200 million 6 thousand.
According to the actual situation, the total import and export volume of Kampuchea in 2013 from January to May was within the previous forecast of the government.
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< p > the Ministry of commerce also indicated that Kampuchea's total exports amounted to US $2 billion 500 million 9 thousand in the first 5 months, while the total imports amounted to US $3 billion 600 million 6 thousand.
And exports in the first 5 months of 2013 increased by 27% compared with the same period in 2012, and imports increased by 16%.
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< p > the products exported by Kampuchea are < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > rice, rubber and other products.
Imported products include gasoline, clothing raw materials, building materials, automobiles, beverages and foodstuffs.
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