Cambodian Exports to China soar by 56 percent in the first five months of 2021

[geovalin]

Cambodian exports to China were valued at $558 million Jan-May, up over 56 percent year on year against the same period. The increase was driven by rising Chinese demand for Cambodian agricultural products.

 

Imports from China were also up, rising 21 percent to over $3.3 billion. Chinese exports to the Kingdom grew on the strength of demand for industrial products, raw materials and construction materials as manufacturers and builders began to chip away at the backlog of work caused by Coronavirus lockdowns.

 

Overall, bilateral trade between Cambodia and China jumped by more than 25 percent in the first five months of the year, over the same period in 2020, to reach nearly $4 billion. Bilateral trade in 2020 fell 5.2 percent from the year before to just over $8 billion. Cambodian imports from China dropped last year nearly 7 percent as lockdowns forced the closure of the Kingdom’s garment factories.

 

read more https://www.khmertimeskh.com/50885971/exports-to-china-soar-by-56-percent-in-the-first-five-months-of-2021/

[bangon04]

yes... the debt to the CCP overlords will soon be paid off and cambodia will not need to be a province after all.....