Cambodia-Thailand bilateral trade $5.5 Billion in first nine months

[geovalin]

Bilateral trade between Cambodia and Thailand was valued at $5,569 million up to the third quarter of this year, a year-on-year decrease of 19 percent compared to the same period last year. Figures from Thailand’s Ministry of Commerce show that from January to September, Cambodia exported US$958 million to Thailand, sliding down 48 percent.

 

Meanwhile, the Kingdom’s total imports from Thailand decreased by 9 percent, to $4,611 million. The decrease in the two-way trade between both neighbouring countries was largely due to the COVID-19 pandemic which caused trouble for cross-border goods transport.

 

Panyarak Poolthup, Thai Ambassador to Cambodia, said that in the situation of COVID-19 pandemic, trade between the two countries has been strained as border crossings have been tightened, making it difficult for the flow of goods between the two countries.

 

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