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Home ASIA Cambodia

Cambodia-China bilateral trade tops $8.9 billion in 10 months

December 4, 2021
in Business, Cambodia, National
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Cambodia-China bilateral trade tops $8.9 billion in 10 months
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The two-way trade between Cambodia and China reached $8,931 million in the first ten months of this year, a year-on-year increase of 38.56 percent.

Figures from the Chinese Embassy in Cambodia stated that from January to October 2021, Cambodia exported $1.222 billion worth of goods to China, a 49 percent increase compared to the same period last year.

At the same time, Cambodia imported goods worth in a total of $7.709 billion from China, up 37 percent

Pen Sovicheat, Spokesperson at the Ministry of Commerce, said that the bilateral trade between Cambodia and China has increased, despite the COVID-19 pandemic, reflecting the strength of economic and trade cooperation between the two countries.

Cambodia and China are expected to implement the bilateral free trade agreement earlier next year, which will further boost trade and investment between both nations. Chea Vannak – AKP

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

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