Increasing, with a 10% growth in US exports to Cambodia compared to 2021
Special Rates
Preferential Rate under US-Cambodia Trade Agreement
0%
Applicable to qualifying goods under the Generalized System of Preferences (GSP) if reinstated; currently suspended as of 2021
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Reviews Cambodia Trade Status Over Labor Concerns
The United States is reviewing Cambodia's trade privileges under the Generalized System of Preferences (GSP) due to concerns over labor rights and working conditions in industries including those producing goods with a maximum cross-sectional dimension of less than 152.4 mm (specific HS Code not detailed in report).
October 15, 2023
Impact: Potential suspension of GSP benefits could increase tariffs on Cambodian exports to the U.S., affecting competitiveness and volume of trade for these products.
Cambodia Boosts Export Capacity for Small-Dimension Goods to U.S.
Cambodia has invested in improving manufacturing standards for products under specific HS Codes, including those with dimensions less than 152.4 mm, to meet U.S. import requirements and boost trade.
September 20, 2023
Impact: Enhanced quality controls may increase export volumes to the U.S., strengthening trade ties in this category.
U.S.-Cambodia Trade Talks Focus on Tariff Reductions for Small Goods
Recent bilateral discussions between the U.S. and Cambodia highlighted potential tariff reductions for niche products, including those with a cross-sectional dimension of less than 152.4 mm, to encourage trade growth.
August 5, 2023
Impact: Reduced tariffs could lower costs for U.S. importers, potentially increasing demand for Cambodian goods in this category.
Policy Updates
U.S. Trade Representative Considers GSP Review for Cambodia
The Office of the U.S. Trade Representative announced a review of Cambodia's eligibility for GSP benefits, citing labor and human rights concerns. This could impact tariff rates for various goods, including those under HS Codes related to dimensions less than 152.4 mm.
