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Cambodia Economic Structure

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Tips:Economic StructureAgriculture plays an important role in the Cambodian national economy. The agricultural population acc
 Economic Structure

Agriculture plays an important role in the Cambodian national economy. The agricultural population accounts for about 85% of the country's population. There are 6.7 million hectares of arable land and it mainly grows rice, corn, soybean, potato.Basicly Cambodia is food self-sufficiency. Economic crops include rubber, pepper, cotton, borassus flabellifera linn, soybean, tobacco and hemp and a variety of tropical fruits. Agricultural output accounted for 31.9% of GDP in 2001.

   Cambodia is weak in industrial fundament.It also has problems in power shortages, backward technology, and aging equipment. With the help of foreign investment in recent years, large-scale textile and garment industry, the wood processing industry, and building materials production industry have been set up,which made the Cambodian industrial has a bit development. Cambodian industrial output value accounted for 24.4% of GDP in 2001.

    Tourism in Cambodia is upward momentum. Cambodia is one of the ancient civilizations in Southeast Asia, Angkor Wat is a famous Buddhist sacred land,which is also one of the seven wonders of the world. The well-known scenic spots in capital Phnom Penh and no pollution of Sihanoukville beach, attracting tens of thousands of foreign tourists. There were 60 million tourists in 2001.It has an increase of 30% over the previous year, earning $ 242 million.

    The total volume of foreign trade is increasing year by year. It was $ 1.804 billion in 1996.It was increased to $ 2.161 billion in 1999. It was $ 2.647 billion in 2001,among which the volume of exports was $ 1.225 billion,had an increase of 2.64% over the previous year;the volume of imports was $ 14.22,had an increase of 13% over the previous year. The main export commodities such as timber, rubber, rice, clothing, agricultural products and aquatic products. Major trading partners were the United States, Thailand, Singapore, China, Japan and South Korea.

The textile and garment industry in the manufacturing sector is the largest industry to attract investment. The top five of the main source of foreign investment in the country (region) Malaysia ($ 1.862 billion), Taiwan,China ($ 500,000,000), the U.S. ($ 434 million), Mainland China ($ 350 million) and Hong Kong, China ($ 238 million ).According to the actual investment in Taiwan,China is the first investment partners.

 



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