Cambodia-Thailand 2020 trade down Jan-Nov

[geovalin]

Cross-border trade between Cambodia and Thailand dropped 22 percent Jan-Nov (including transit trade) compared with year-to-date (YTD) figures for the same period in 2019.  Bilateral trade for the period amounted to $6.6 billion, down from $8.6 billion in 2019 according to statistics from the Cambodian Embassy in Thailand.

 

Cambodian exports to Thailand totalled $1.1 billion for the period, a decline of 52 percent YTD from 2019’s $2.2 billion. Imports from Thailand, valued at $6.3 billion, were down 12 percent YTD, from the $5.6 billion recorded January to November in 2019.  These numbers generated a Cambodian trade deficit with Thailand of $4.5 billion.

 

In November, Thailand’s cross-border trade with Cambodia reached $572 million. Cambodia’s exports to Thailand in November totalled $59 million, down 56 percent compared with the $135 million recorded in November  2019.

 

read more https://www.khmertimeskh.com/50803109/cambodia-thailand-2020-trade-down-jan-nov/