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Cambodia

US Revised Tariffs (%)

10

Ease of doing business

theboardiQ Tariffs Dashboard:

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Understand the complexities of international tariffs and ease of doing business across nations to cultivate balanced trade relationships, streamline operations, and deliver cost savings to end consumers.

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Share of US Imports % (1 implies <1%)
US Tariff %
Revised Tariff %
Country Tariff Rate %
1
49
10
7.2
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.32
12.66
-12.34

US Revised Tariffs

Country Tariffs

Balance of Trade

Commercial Guide

Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals

Tariff Rate for US

World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.

US Imports Guide 

United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.

Implications

As of Saturday, April 19, 2025, the tariff situation for Cambodia is influenced by the broader trade policies of the United States: Current U.S. Tariffs on Cambodia: Baseline Tariff: Cambodia is subject to the 10% baseline tariff on imports to the United States, which went into effect on April 5, 2025, for most countries. "Reciprocal Tariff": A 49% reciprocal tariff was announced for Cambodia, scheduled to take effect on April 9, 2025.   90-Day Pause: However, this 49% reciprocal tariff for Cambodia has been paused until July 9, 2025. During this period, imports from Cambodia are subject to the 10% baseline tariff. Generalized System of Preferences (GSP): Cambodia was previously a beneficiary of the U.S. Generalized System of Preferences (GSP) program, which provided duty-free treatment for certain goods from developing countries. The GSP program expired on December 31, 2020, and has not been reauthorized by the U.S. Congress. This means that Cambodian goods that previously entered the U.S. duty-free under GSP are now subject to Most Favored Nation (MFN) tariff rates, which are the normal, non-discriminatory tariffs applied to most U.S. trading partners. The expiration of GSP has affected Cambodia's exports, particularly in sectors like travel goods. Cambodia-U.S. Trade Relationship: The United States is a significant export market for Cambodia. In 2024, U.S. goods imports from Cambodia totaled $12.7 billion.   Garments, footwear, and travel goods are key Cambodian exports to the U.S.   There is a U.S.-Cambodia Trade and Investment Framework Agreement (TIFA) established in 2006, providing a platform for addressing bilateral trade and investment issues.   Recent Developments and Reactions: Cambodian experts have criticized the U.S.'s reciprocal tariffs as a "lose-lose game."   The Cambodian government has stated its willingness to negotiate with the U.S. regarding the tariffs and has offered to reduce tariffs on certain U.S. goods entering Cambodia.   Cambodia is seeking to diversify its export markets and is looking towards China for potential financial support amidst the U.S. tariff pressures.   In summary, while Cambodia faced a scheduled 49% reciprocal tariff, this has been paused until July 9, 2025, and the current tariff rate is the 10% baseline. The expiration of the U.S. GSP program continues to impact Cambodia's trade with the U.S.

US Negotiation Strategy

Based on the most recent data (2024), the top imports to the US from Cambodia by value are: Articles of apparel, knit or crocheted ($2.79 Billion) Articles of leather, animal gut, harness, travel goods ($2.04 Billion) (This category includes handbags and wallets, which were specifically highlighted in February 2025 data) Electrical, electronic equipment ($1.76 Billion) Furniture, lighting signs, prefabricated buildings ($1.45 Billion)   Articles of apparel, not knit or crocheted ($1.21 Billion) Here's a breakdown of which states in the US can manufacture similar products, along with examples of companies: Articles of apparel, knit or crocheted & Articles of apparel, not knit or crocheted: These fall under the broader textile and apparel manufacturing sector. Several states have a history and current presence in this industry, although the scale might differ significantly from Cambodian imports. North Carolina: Has a long history in textile manufacturing. Examples include Parkdale Mills (yarn and thread), Gildan Activewear (basic apparel - although a Canadian company with US operations), and many smaller textile producers.   South Carolina: Also has a strong textile tradition. Companies include Milliken & Company (diverse textile solutions) andকমপ্লেক্স weaves and knits producers.   California: Has a significant apparel industry, particularly in design and some manufacturing, focusing on fashion and higher-end garments. Examples include American Apparel (though having faced challenges and ownership changes) and numerous smaller design and manufacturing houses in Los Angeles.   Other states with textile and apparel manufacturing include Georgia, Alabama, and Tennessee.   Articles of leather, animal gut, harness, travel goods (including handbags and wallets): Leather goods manufacturing exists in the US, though it has shifted significantly over time.   Texas: Has a history of leather production, particularly related to the cowboy and western wear industries. Companies include Tandy Leather Factory (leather craft supplies and some manufacturing).   Missouri: Has some leather goods manufacturers, often specializing in niche markets like saddlery or specific types of leather products. New York: Has a presence in high-end leather goods design and some manufacturing, particularly in New York City. It's important to note that many major brands of handbags and wallets sold in the US are manufactured overseas, including in Cambodia. Domestic production often focuses on higher-end, custom, or specialty items. Electrical, electronic equipment: This is a broad category. California: A major hub for electronics and technology manufacturing, including semiconductors, computer equipment, and various electronic components. Examples include Intel, Apple (design and some US manufacturing), and numerous other tech companies.   Texas: Has a growing electronics manufacturing sector, including semiconductors and telecommunications equipment. Companies like Texas Instruments and Samsung have significant operations in Texas.   Massachusetts: Strong in electronics, particularly in areas like defense electronics and specialized equipment. Companies include Raytheon Technologies and General Electric (though its footprint has evolved). Other states with electrical and electronic equipment manufacturing include Oregon, Arizona, and North Carolina. SVI USA, while mentioned as having a parent company with manufacturing in Cambodia, also has operations in the US.   Furniture, lighting signs, prefabricated buildings: North Carolina: A significant center for furniture manufacturing. Examples include Ashley Furniture Industries, La-Z-Boy (also in other states), and numerous smaller furniture producers.   Mississippi: Also has a substantial furniture manufacturing industry.   California: Has manufacturers of furniture, lighting, and prefabricated buildings, often catering to specific styles or markets. Indiana: Has a strong presence in the recreational vehicle (RV) and manufactured housing industries, which fall under prefabricated buildings. Companies like Thor Industries and Forest River are based in Indiana.   Michigan and Ohio: Have some presence in furniture and related manufacturing. It's crucial to understand that while the US has domestic manufacturing capabilities in these sectors, the scale, specific types of goods produced, and cost competitiveness can differ significantly from imports from Cambodia. Cambodian manufacturing often focuses on labor-intensive goods like apparel and footwear, where they have a competitive advantage. The US tends to focus on more capital-intensive and technologically advanced manufacturing

Investing in USA

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters

Sources : ForbesUSDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia International Trade Administration

theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.

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