Exports to China soar 13% on bumper May

PHNOM PENH (The Phnom Penh Post/Asia News Network): Cambodian goods exports to mainland China reached US$588.800 million in the first five months of 2023, up 13.27 per cent year-on-year from $519.821 million and up 18.25 per cent half-on-half (compared to July-November 2022) from $497.91 million, according to Customs (GDCE).

Last month alone accounted for 25.35 per cent of the total, at $149.257 million, making it the highest export month since July 2021 ($151.477M), as indicated by provisional GDCE figures compiled in “International Merchandise Trade Statistics” bulletins.