Cambodia
The United States and Cambodia signed a Trade and Investment Framework Agreement (TIFA) in 2006. The United States and Cambodia meet regularly to make progress on trade- and investment- related issues through a joint work program established under the TIFA. The TIFA dialogue focused on deepening bilateral trade and investment ties, monitoring and supporting Cambodia's efforts to implement its WTO commitments, addressing outstanding bilateral issues, coordinating work together at the WTO, and supporting Cambodia's domestic economic reform program. 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.
Key Events
On July 23-24, 2010, Cambodian officials attended the second meeting of the Asia-Pacific Regional Dialogue to Promote Trade in Legally Harvested Forest Products, which was co-hosted by the United States and Indonesia and brought together a large group of Asian countries to exchange information and explore collaborative approaches to addressing the challenges associated with promoting legal trade and combating illegal trade in forest products.
On November 18, 2009, Senior Minister of Commerce Cham Prasidh met with Deputy U.S. Trade Representative Marantis to discuss a full range of bilateral trade and investment issues.
U.S.-Cambodia Trade Facts
Cambodia is currently our 75th largest goods trading partner with $2.1 billion in total two-way goods trade during 2009. The United States had a $1.8 billion goods trade deficit with Cambodia last year.
Exports
Cambodia was the United States' 135th largest goods export market in 2009, with $127 million in U.S. goods exports to Cambodia last year. The top export categories for 2009 were Vehicles ($91 million), Machinery ($7 million), Special Other (articles donated for relief) ($6 million), Optical and Medical Instrument ($3 million), and Miscellaneous Textile Articles ($2 million).
U.S. exports of agricultural products to Cambodia totaled $6.3 million in 2009.
Imports
Cambodia was the United States' 63d largest supplier of goods imports in 2009, with $1.92 million in U.S. goods imports from Cambodia last year. The top 5 imports categories for 2009 were Knit Apparel ($1.3 billion), Woven Apparel ($586 million), Miscellaneous Textile Articles ($17 million), Footwear ($10 million), and Fish and Seafood ($7 million).
U.S. imports of agricultural products from Cambodia totaled $552,000 in 2009.
- 11/20/2007
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