Cambodia, International trade swells to $22B

[geovalin]

Cheng Sokhorng

 

The value of Cambodia’s international trade surged to $22 billion last year on double-digit growth of both imports and exports, according to newly released data from the Ministry of Commerce.

 

The figures show total exports topped $10 billion in 2016, an 18 percent increase over a year earlier, while imports grew to $12.3 billion, a 16 percent year-on-year increase.

 

Ministry officials declined to comment yesterday on the factors driving trade growth. However, the ministry’s data point to continued expansion of the Kingdom’s garment and footwear sector, which accounts for over two-thirds of the country’s exports by value.

 

read more http://www.phnompenhpost.com/business/international-trade-swells-22b

 

 

 

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