Bilateral trade between Cambodia and Japan was valued at $586.8 million in the first quarter of this year, a 5 percent increase compared to the same period last year, according to a report of Japan External Trade Organisation (JETRO).
From January to March 2020, Cambodia exported US$475.1 million worth of goods to Japan, up 4.4 percent, while its imports were amounted to US$111.7 million, a 7 percent increase.
A report of the Cambodian Ministry of Commerce showed that the potential products for export from Cambodia to Japan are clothes, footwear, and electronics.
Mr. Lim Heng, Vice President of Cambodia Chamber of Commerce, said that the trade figures highlight the positive demand for Cambodia’s products in foreign markets; particularly the strong activities of manufacturing in the country for exports.
“The figure of bilateral trade of two countries reflects strong investment environment in Cambodia and it shows the active investments in manufacturing and processing locally for overseas exports are continuing,” he underlined.
Last year, the two-way trade between both nations rose by 13 percent to US$2,292 million. Chea Vannak/AKP
This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.
