{"id":583,"date":"2022-12-30T09:04:26","date_gmt":"2022-12-30T09:04:26","guid":{"rendered":"https:\/\/ntr.pegotec.dev\/trade-with-eu-valued-at-3-8-billion-in-2020\/"},"modified":"2022-12-30T09:47:56","modified_gmt":"2022-12-30T09:47:56","slug":"trade-with-eu-valued-at-3-8-billion-in-2020","status":"publish","type":"post","link":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/","title":{"rendered":"Trade with EU valued at $3.8 billion in 2020"},"content":{"rendered":"\n

Bilateral trade between Cambodia and the EU was valued at $3.863 billion last year, a huge drop compared with the figure recorded in 2019, with both the COVID-19 pandemic and Brexit being blamed.<\/p>\n\n

Data from the Ministry of Commerce showed that in 2020 Cambodia exported $3.203 billion of goods to the EU and imported $659 million from the trade bloc.<\/p>\n\n

The ministry\u2019s data did not mention figures for exports and imports for comparison with the year before but, in 2019, the two-way trade between Cambodia and the EU\u2019s then-28 countries was valued at approximately $6.7 billion.<\/p>\n\n

Lim Heng, vice-president of Cambodia Chamber of Commerce, said the decline of Cambodia\u2019s trade with the EU was hit hard by COVID-19, which caused demand for clothes in the bloc to decline.<\/p>\n\n

\u201cThe virus pandemic affected the entire world, including the EU, which is the biggest market for Cambodia\u2019s garment products and this affected the textile sector in Cambodia, so the country\u2019s exports declined and some factories suspended operations,\u201d Heng said.<\/p>\n\n

In February 2020, the European Commission recommended that the EU withdraw 20 per cent of the Everything but Arms (EBA) preferential trade deal with the Kingdom, claiming that Cambodia had violated human and labour rights and that democracy in Cambodia had declined.<\/p>\n\n

This was ratified on Aug 12 last year.<\/p>\n\n

According to the ministry\u2019s data, the UK is now excluded in the EU\u2019s trade list with Cambodia.<\/p>\n\n

The UK was one of the biggest EU countries, having a huge trade arrangement with Cambodia, before it quit the bloc at the beginning of this year.<\/p>\n\n

\u201cThe withdrawal of 20 percent of the EBA scheme from Cambodia last year also resulted in the effect on trade between Cambodia and EU, but\u2026 we got a GSP (generalised system of trade) from the UK under which we can export the 20 percent we lost from the EU to the UK instead,\u201d Heng said.<\/p>\n\n

The EU ranked as the second biggest trade partner of Cambodia in 2019, accounting for 11.9 percent of the country\u2019s total trade. . Cambodia is the EU\u2019s 54th largest trading partner.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bilateral trade between Cambodia and the EU was valued at $3.863 billion last year, a huge drop compared with the figure recorded in 2019, with both the COVID-19 pandemic and Brexit being blamed.<\/p>\n","protected":false},"author":1,"featured_media":237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[64],"tags":[],"class_list":["post-583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","wpautop"],"acf":[],"yoast_head":"\nTrade with EU valued at $3.8 billion in 2020 - National Trade Repository<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trade with EU valued at $3.8 billion in 2020 - National Trade Repository\" \/>\n<meta property=\"og:description\" content=\"Bilateral trade between Cambodia and the EU was valued at $3.863 billion last year, a huge drop compared with the figure recorded in 2019, with both the COVID-19 pandemic and Brexit being blamed.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"National Trade Repository\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-30T09:04:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-30T09:47:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cambodiantr.gov.kh\/wp-content\/uploads\/2022\/12\/circle-img2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"124\" \/>\n\t<meta property=\"og:image:height\" content=\"124\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Peegotec Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Peegotec Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/\"},\"author\":{\"name\":\"Peegotec Admin\",\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/#\/schema\/person\/34133ab7281b7242630627509c2df833\"},\"headline\":\"Trade with EU valued at $3.8 billion in 2020\",\"datePublished\":\"2022-12-30T09:04:26+00:00\",\"dateModified\":\"2022-12-30T09:47:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/\"},\"wordCount\":348,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cambodiantr.gov.kh\/wp-content\/uploads\/2022\/12\/circle-img2.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/\",\"url\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/\",\"name\":\"Trade with EU valued at $3.8 billion in 2020 - National Trade Repository\",\"isPartOf\":{\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cambodiantr.gov.kh\/wp-content\/uploads\/2022\/12\/circle-img2.png\",\"datePublished\":\"2022-12-30T09:04:26+00:00\",\"dateModified\":\"2022-12-30T09:47:56+00:00\",\"author\":{\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/#\/schema\/person\/34133ab7281b7242630627509c2df833\"},\"breadcrumb\":{\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#primaryimage\",\"url\":\"https:\/\/cambodiantr.gov.kh\/wp-content\/uploads\/2022\/12\/circle-img2.png\",\"contentUrl\":\"https:\/\/cambodiantr.gov.kh\/wp-content\/uploads\/2022\/12\/circle-img2.png\",\"width\":124,\"height\":124},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cambodiantr.gov.kh\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trade with EU valued at $3.8 billion in 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/#website\",\"url\":\"https:\/\/cambodiantr.gov.kh\/en\/\",\"name\":\"National Trade Repository\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cambodiantr.gov.kh\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cambodiantr.gov.kh\/en\/#\/schema\/person\/34133ab7281b7242630627509c2df833\",\"name\":\"Peegotec Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/46ce43729150648bd2596376638420576be20daf2f4838fa1f37edc85157ec3a?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/46ce43729150648bd2596376638420576be20daf2f4838fa1f37edc85157ec3a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/46ce43729150648bd2596376638420576be20daf2f4838fa1f37edc85157ec3a?s=96&d=mm&r=g\",\"caption\":\"Peegotec Admin\"},\"sameAs\":[\"http:\/\/localhost\/ntr\"],\"url\":\"https:\/\/cambodiantr.gov.kh\/en\/author\/pegotec_admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Trade with EU valued at $3.8 billion in 2020 - National Trade Repository","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/","og_locale":"en_US","og_type":"article","og_title":"Trade with EU valued at $3.8 billion in 2020 - National Trade Repository","og_description":"Bilateral trade between Cambodia and the EU was valued at $3.863 billion last year, a huge drop compared with the figure recorded in 2019, with both the COVID-19 pandemic and Brexit being blamed.","og_url":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/","og_site_name":"National Trade Repository","article_published_time":"2022-12-30T09:04:26+00:00","article_modified_time":"2022-12-30T09:47:56+00:00","og_image":[{"width":124,"height":124,"url":"https:\/\/cambodiantr.gov.kh\/wp-content\/uploads\/2022\/12\/circle-img2.png","type":"image\/png"}],"author":"Peegotec Admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Peegotec Admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#article","isPartOf":{"@id":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/"},"author":{"name":"Peegotec Admin","@id":"https:\/\/cambodiantr.gov.kh\/en\/#\/schema\/person\/34133ab7281b7242630627509c2df833"},"headline":"Trade with EU valued at $3.8 billion in 2020","datePublished":"2022-12-30T09:04:26+00:00","dateModified":"2022-12-30T09:47:56+00:00","mainEntityOfPage":{"@id":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/"},"wordCount":348,"commentCount":0,"image":{"@id":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/cambodiantr.gov.kh\/wp-content\/uploads\/2022\/12\/circle-img2.png","articleSection":["News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/","url":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/","name":"Trade with EU valued at $3.8 billion in 2020 - National Trade Repository","isPartOf":{"@id":"https:\/\/cambodiantr.gov.kh\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#primaryimage"},"image":{"@id":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/cambodiantr.gov.kh\/wp-content\/uploads\/2022\/12\/circle-img2.png","datePublished":"2022-12-30T09:04:26+00:00","dateModified":"2022-12-30T09:47:56+00:00","author":{"@id":"https:\/\/cambodiantr.gov.kh\/en\/#\/schema\/person\/34133ab7281b7242630627509c2df833"},"breadcrumb":{"@id":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#primaryimage","url":"https:\/\/cambodiantr.gov.kh\/wp-content\/uploads\/2022\/12\/circle-img2.png","contentUrl":"https:\/\/cambodiantr.gov.kh\/wp-content\/uploads\/2022\/12\/circle-img2.png","width":124,"height":124},{"@type":"BreadcrumbList","@id":"https:\/\/cambodiantr.gov.kh\/en\/trade-with-eu-valued-at-3-8-billion-in-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cambodiantr.gov.kh\/en\/"},{"@type":"ListItem","position":2,"name":"Trade with EU valued at $3.8 billion in 2020"}]},{"@type":"WebSite","@id":"https:\/\/cambodiantr.gov.kh\/en\/#website","url":"https:\/\/cambodiantr.gov.kh\/en\/","name":"National Trade Repository","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cambodiantr.gov.kh\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cambodiantr.gov.kh\/en\/#\/schema\/person\/34133ab7281b7242630627509c2df833","name":"Peegotec Admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/46ce43729150648bd2596376638420576be20daf2f4838fa1f37edc85157ec3a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/46ce43729150648bd2596376638420576be20daf2f4838fa1f37edc85157ec3a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/46ce43729150648bd2596376638420576be20daf2f4838fa1f37edc85157ec3a?s=96&d=mm&r=g","caption":"Peegotec Admin"},"sameAs":["http:\/\/localhost\/ntr"],"url":"https:\/\/cambodiantr.gov.kh\/en\/author\/pegotec_admin\/"}]}},"_links":{"self":[{"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/posts\/583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/comments?post=583"}],"version-history":[{"count":1,"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/posts\/583\/revisions"}],"predecessor-version":[{"id":584,"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/posts\/583\/revisions\/584"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/media\/237"}],"wp:attachment":[{"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/media?parent=583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/categories?post=583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cambodiantr.gov.kh\/en\/wp-json\/wp\/v2\/tags?post=583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}