Cambodia’s Exports to U.S. Surge Despite 19% Tariff Imposed  

PHNOM PENH, Cambodia (Nov.11, 2025) — Cambodia’s exports to the United States reached more than $10 billion in the first 10 months of 2025, marking a 26.4% increase compared to the same period last year, despite a newly imposed 19% U.S. tariff on Cambodian goods.

According to data from the General Department of Customs and Excise, bilateral trade between Cambodia and the United States totaled $10.72 billion from January to October 2025, up 27% year-on-year. Cambodian exports accounted for $10.4 billion of that figure, while U.S. imports to Cambodia rose nearly 50% to $326 million.

Cambodia’s key exports to the U.S. include garments, travel goods, bicycles and consumer products. In return, Cambodia imports vehicles, machinery, jewelry, cosmetics, electronics and other consumer items.

Deputy Prime Minister Sun Chanthol, first vice president of the Council for the Development of Cambodia, said the 19% tariff—implemented by the U.S. on August 1, 2025—would enhance Cambodia’s competitiveness compared to regional peers and help retain existing factories while attracting new investment.

The Asian Development Bank noted that the tariff’s impact on Cambodia’s export performance in 2025 would be minimal, though further increases could pose risks to labor markets and industrial growth.

Social-Economic Researcher Dr. Chhay Tech told local media that Cambodia’s export growth to the U.S. was driven by its relative advantage under the 19% tariff, especially in the textile sector, where Cambodia remains competitive alongside Indonesia.

In 2024, Cambodia–U.S. trade exceeded $10 billion, up 11% from 2023. Cambodian exports reached $9.91 billion, rising 11.4%, while U.S. imports to Cambodia totaled $264 million, up 2%.

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