Cambodia-Thailand trade tops $7.97 billion last year

[geovalin]

The bilateral trade between Cambodia and Thailand was valued at $7.97 billion last year, a 10.26 percent increase compared to a year before. Figures from Thailand’s Commerce Ministry showed that Cambodia exported $894 million worth of goods to Thailand, a year-on-year decrease of 22.10 percent.

 

The Kingdom imported over $7 billion worth of goods from its neighbouring country, 16.37 percent year-on-year increase. Cambodia’s main exports to Thailand include textiles, agricultural products, gems, raw materials and semi-finished products. Imports from Thailand include fish, meat, vegetables, automobiles, organic fertilisers, foodstuffs, and construction materials.

 

Exports of agricultural products to Thailand have always faced the barriers of sanitary and phytosanitary requirements. Lim Heng, vice-president of the Cambodia Chamber of Commerce, said that it is important that the country should improve the standard of sanitary and phytosanitary conditions. The investment in warehouses along the border are also needed to facilitate agricultural exports to neighbouring countries.

 

read more https://www.khmertimeskh.com/501012634/cambodia-thailand-trade-tops-7-97-billion-last-year/