In The First Half Of, The Number Of Garment Exports To The European Union Grew The Most, And The US Fell Sharply.

According to the latest report, according to the information released by the Ministry of Commerce of Kampuchea, Cambodia In the first half of this year (2015), exports grew by nearly 20%, of which clothing exports to the European Union grew the most, while exports to the US fell. Statistics show that the total export volume in the first half of this year amounted to US $3 billion 900 million, up nearly 20% over the same period (2014) in the same period, while the export to the European Union (Garment) grew by 32%, not including textiles (Textiles) and footwear (footwear).

　　 Kampuchea Ministry of Commerce import and Export Group (Export-Import Department) team leader Ho Sivyong said that Kampuchea's exports to the EU were exempt from customs duties, so the garment export growth rate ranked first in the past few years.

Qu said that political stability and the number of strikes by garment workers in the past two years were two main factors, while the garments exported to the United States decreased by 7% to 856 million US dollars in the first half of this year, while that of textiles dropped by 40%.

The canal said that the country had already negotiated with the United States and hoped that tariffs could also be reduced to 0% as the European Union could be exported to the United States, which was exempt from customs duties. However, the United States had not yet agreed, mainly because the market in Kampuchea was too small.

Canal also represents another major Kampuchea. Export In the first half of this year, rice exports to the European Union also grew to a high level, up to 22%, while exports to the United States were down to about 60%.