A brief overview of the Cambodian economy
Cambodia's economy currently adheres to an open market system and has seen rapid economic growth over the past decade.
In 2019, Cambodia's GDP was 26, 6 billion US dollars. Income per capita, while growing rapidly, is low compared to most neighboring countries (1,614 dollars).
The two leading sectors of Cambodian economy are textiles and tourism. In addition, agriculture remains the main source of income for many Cambodians.
The service sector is highly concentrated on trading and catering services.
The main imports are:
♦ knitted or crocheted fabrics;
♦ ground transport vehicles, their parts and accessories;
♦ mineral fuel, oil and products of their distillation; bituminous substances; mineral waxes;
♦ nuclear reactors, boilers, equipment and mechanical devices; their parts;
♦ electrical machinery and equipment, their parts;
♦ chemical fibers;
♦ plastics and plastic products;
♦ paper and cardboard;
♦ ferrous metals.
The most prospective export positions of Belarusian enterprises to Cambodia are:
♦ chemical products (polyamides, fiberglass);
♦ dairy products (skimmed milk powder and whole milk powder, whey powder, powdered infant formula);
♦ optical measuring instruments and equipment;
♦ pharmaceutical products.