Cambodia

The United States and Cambodia signed a Trade and Investment Framework Agreement (TIFA) in 2006. This dialogue is intended to promote greater trade and investment between the two countries, help monitor and support Cambodia's efforts to implement its WTO commitments, address outstanding bilateral issues, and coordinate work in APEC and the WTO.

The United States and Cambodia continued to make progress on trade- and investment- related issues in 2008 through the joint work program established under the TIFA. The TIFA dialogue focused on deepening bilateral trade and investment ties, implementation of Cambodia's WTO commitments, and supporting Cambodia's domestic economic reform program.

The two countries held four meetings throughout the year 2008 to review Cambodia's WTO implementation, to discuss specific initiatives to enhance Cambodia's business and investment climate, including through strengthening its intellectual property protection, and to coordinate on the WTO Doha negotiations and ASEAN initiatives.

In addition, the United States provided technical assistance to support improvements in the transparency of Cambodia's trade policy making process as well as in strengthening intellectual property protection at the border.

U.S.-Cambodia Trade Facts

Cambodia is currently our 78th largest goods trading partner with $2.6 billion in total (two ways) goods trade during 2008. Goods exports totaled $154 million; Goods imports totaled $2.4 billion. The U.S. goods trade deficit with Cambodia was $2.3 billion in 2008.

Exports

Cambodia was the United States' 131st largest goods export market in 2008.

U.S. goods exports to Cambodia in 2008 were $154 million, up 11% ($15 million) from 2007.

The top export categories (2-digit HS) for 2008 were: Vehicles ($118 million), Special Other (articles donated for relief) ($7 million), Machinery ($4 million), and Electrical Machinery ($3 million), and Optical and Medical Instrument ($3 million).

U.S. exports of agricultural products to Cambodia totaled $6 million in 2008.

Imports

Cambodia was the United States' 65th largest supplier of goods imports in 2008.

U.S. goods imports from Cambodia totaled $2.4 billion in 2008, a 2.1% decrease ($52 million) from 2007.

The top 5 imports categories (2-digit HS) for 2008 were: Knit Apparel ($1.6 billion), Woven Apparel ($786 million), Miscellaneous Textile Articles ($10 million), Plastic ($8 million), and Headgear ($5 million).

U.S. imports of agricultural products from Cambodia totaled $519 thousand in 2008.

Trade Balance

The U.S. goods trade deficit with Cambodia was $2.3 billion in 2008, down 3% ($67 million) from 2007.