Cambodian Asean Trade Increase

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PHNOM PENH: March 10, 2014 (Khmer Times) – Cambodia’s trade volume with Asean member states reached US$4.16 billion last year, up 12 percent from US$3.71 billion in 2012, the Ministry of Commerce said.
In the Commerce Ministry’s report, Cambodia exported products equivalent to US$482 million to the Association of Southeast Asian Nations (Asean) in 2013, up 51 percent year-on-year.
A total of US$3.68 billion worth of goods were imported from Asean last year, up 8 percent year-on-year.
Ministry of Commerce spokesman Ken Rotha attributed the growth to good relations and cooperation between Cambodia and Asean member states.
“We believe that the growth will continue, especially when the ASEAN Economic Community becomes a reality in 2015,” he said.
Cambodia’s major trading partners in Asean include Thailand, Vietnam, Malaysia and Singapore.
The country exports garment and agricultural products to Asean while major imports include petroleum, construction materials, food products and pharmaceutical products, among others.

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