Cambodian Trade Leaps to US$10.47 Billion in 11 Months
AKP Phnom Penh, December 29, 2011 –
Cambodia’s trade volume reached in value US$10.47 billion in the first 11 months of 2011, roughly 41 percent rise from US$7.42 billion in the same period last year, according to a statistics of the Ministry of Commerce.
Even though the country’s trade balance has improved, the size of import is still higher than that of export.
The figure showed that among the total trade of US$10.47 billion from January to November 2011, the value of import was approximately US$5.97 billion, increasing from US$4.27 billion in the same period last year, while that of export to foreign countries was US$4.5 billion, up 42.8 percent correspondingly.
The country’s export included garments with US$3.94 billion, rubber with US$182 million and rice with US$87 million.
The trading partners with Cambodia are the United States, the European Community, China, Vietnam, Thailand, Japan and Canada.
The major import commodities were garment-supporting raw materials valued at US$2.36 billion, petroleum at US$1.26 billion, construction materials at US$526 million, motorcycles at US$329 million, refreshments at US$144 million.
Most import commodities were from Vietnam, Thailand, China and ASEAN countries.
By THOU Poeu