Cambodia-China trade tops $11 billion in 2021

The bilateral trade between Cambodia and China reached $11 billion last year, a year-on-year increase of 37 percent from 2020. Figures from the Ministry of Commerce showed that Cambodia exported over $1.5 billion to the world’s second largest nation, a 38 percent increase compared to a year before. The total import from China was valued at $9.6 billion, increasing from $7 billion in 2020. Cambodia exports mostly agricultural products including milled rice, mangoes, cassava to China. Cambodian imports are primarily industrial products and raw materials for the garment industry and building materials. The two countries started implementation of the bilateral free trade agreement put into effect earlier this year, paving ways to boost more trade activities and investment opportunities to Chinese investors and foreigners. This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources. Khmer Daily