Sunday, January 29, 2023
Khmer Daily Cambodia News
34 °c
Phnom Penh
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
The Khmer Daily
No Result
View All Result
Home ASIA Cambodia

Cambodia-Thailand eight month trade inches up 3.14 percent

September 30, 2021
in ASIA, Business, Cambodia, National, Thailand
0
Cambodia-Thailand eight month trade inches up 3.14 percent
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The bilateral trade between Cambodia and Thailand was valued at $5,238 million in the first eight months of this year, inching up 3.14 percent compared with the same period last year.

Figures from Thailand’s Ministry of Commerce showed that from January to August Cambodia exported $623 million worth of products to Thailand, a year-on-year decrease of 31.70 percent.

The country’s imports from Thailand in the period rose by 10.76 percent to $4,614 million.

Agricultural products accounted for the majority of Cambodian exports to Thailand, while Thai exports to Cambodia primarily consisted of energy resources, agriculture fertiliser, food supplies and cosmetics.

Cambodia’s products, mainly agricultural products, exported to Thailand have always been disrupted by the barrier of sanitary and phytosanitary conditions.

In August, Thailand banned exports of Pailin longan fruits from Cambodia in a move like the ban China imposed on Thailand’s export companies of agricultural products to China.

Lim Heng, vice-president of the Cambodia Chamber of Commerce, said yesterday that the improvement of sanitary and phytosanitary conditions need to be addressed.

“Once they banned us from exporting agricultural products to their countries related to sanitary and phytosanitary [conditions], so, in order to reach markets, we need to work and process the sanitary and phytosanitary talks,” he said.

He hoped that more agricultural products would be eligible for exports to China and other destinations.

“When Thailand banned Cambodia from exporting Pailin longans, the ministry of agriculture pushed talks with China and the Chinese government responded positively and immediately. Through the talks, we do hope that Cambodia will soon reach protocol signs on many agricultural products for export,” he said.

The two countries have placed high hopes to continue pushing bilateral trade up to $15 billion by 2023.

Two-way trade between the countries was valued at $7.236 billion last year, down 23 percent from 2019.

Recently, the supermarket chains in Thailand – Big C and retail store 7-Eleven – debuted their stores in Phnom Penh. They also unveiled plans to increase shops in Cambodia.

About 70 percent to 80 percent of products displayed in those markets are imports from Thailand and the rest are supplied locally.

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

Tags: CambodiaCambodia-ThailandPailinPhnom Penh
Previous Post

New York hospitals fire, suspend staff who refuse Covid-19 vaccine

Next Post

Protein found on infected cells protects virus from immune system; remdesivir helps prevent hospitalisation

Related Posts

Thailand to begin construction of $11.6b aviation city this year

Thailand to begin construction of $11.6b aviation city this year

by AsiaOne
January 28, 2023
0
2

BANGKOK – Thailand will begin construction on the 290-billion baht (S$11.6 billion) U-Tapao aviation city early this year, a government spokesperson...

More than 160 Afghans die in bitterly cold weather

More than 160 Afghans die in bitterly cold weather

by AsiaOne
January 28, 2023
0
0

KABUL — More than 160 people have died from the cold in Afghanistan this month in the worst winter in more...

Taiwan appoints new, British-educated intelligence chief

Taiwan appoints new, British-educated intelligence chief

by AsiaOne
January 28, 2023
0
2

TAIPEI — Taiwan President Tsai Ing-wen appointed a new intelligence chief on Thursday (Jan 26), a British-educated senior diplomat, as part...

Most Popular

Passenger in Nepal plane crash livestreams last seconds of his life on Facebook

Passenger in Nepal plane crash livestreams last seconds of his life on Facebook

January 18, 2023
31
Nepal plane crash searchers rappel, fly drones to find last passengers

Nepal plane crash searchers rappel, fly drones to find last passengers

January 18, 2023
25
Cambodia PM says Cambodia’s economy maintained 5.5 pct growth rate

Cambodia PM says Cambodia’s economy maintained 5.5 pct growth rate

January 2, 2023
19
Belt and Road Initiative projects will help Cambodia become an upper-middle income country: Cambodian expert

Belt and Road Initiative projects will help Cambodia become an upper-middle income country: Cambodian expert

January 4, 2023
18
Rescuers in Vietnam race against time to save boy trapped in concrete pile

Rescuers in Vietnam race against time to save boy trapped in concrete pile

January 2, 2023
17
Prince William feared Prince Harry was being ‘brainwashed’ by his therapist

Prince William feared Prince Harry was being ‘brainwashed’ by his therapist

January 9, 2023
17

© 2020 By Khmer Daily News

No Result
View All Result
  • Home
  • Latest
  • Cambodia
  • ASIA
  • World
  • Business
  • Tech

© 2019 The Khmer Daily.

error: Content is protected !!