AKP Phnom Penh, July 02, 2021 --

The two-way trade between Cambodia and China saw a year-on-year increase of 25.09 percent to more than US$3.9 billion in the first five months of 2021.

Figures from the Ministry of Commerce show that from January to May 2021, Cambodia exported over US$558 million worth of goods to China, up 56.42 percent compared to the same period last year.

At the same time, the Kingdom’s imports from China were amounted to over US$3.3 billion, up 21.05 percent, added the same source.

Cambodia mostly exported agricultural products including milled rice, mangoes, and banana to China, and imported industrial products, raw materials, and construction materials from China.

The two countries have placed high hope on the increase of their trade exchange after their bilateral FTA was signed last October.

The agreement is expected to be ratified by the governments of both countries within this year, aiming to make it come into effect as early as possible.

By Phal Sophanith