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Exports soar 24% in first two months


geovalin

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Cambodian exports soared 24 per cent year-on-year to $2.563 billion in the first two months of this year, despite the reverberating local and global effects of the Covid-19 pandemic.

 

The private sector believes that the Kingdom’s exports will suffer a sharp blow from this month as the US and Europe – economically devastated by the outbreak – stop importing garments, footwear and bags.

 

The Kingdom imported more than $3.6 billion worth of goods during the period, up 22 per cent over the year-ago period, according to Ministry of Economy and Finance data as reported by local channel BTV News on Tuesday.

 

read more https://www.phnompenhpost.com/business/exports-soar-24-first-two-months

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