A Change of Guard

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Thursday 20 January 2011

Cambodia's Trade with China up 41.5 pct in 2010

18th January, 2011
Xinhua Web Editor: Sun

Bilateral trades between Cambodia and China increased 41.5 percent in 2010 compared with that of 2009, official statistics showed on Tuesday.

The two countries' total trade volume hit 1.12 billion U.S. dollars in 2010, up 41.5 percent from about 791 million U.S. dollars in 2009, according to the statistics from the department of statistics and planning of the Ministry of Commerce on Tuesday.

Of the figure, Cambodia's exports to China worth 56.8 million U. S. dollars, increased nearly four folds from 15 million U.S. dollars in 2009 and Cambodia's imports from China reached 1.07 billion U.S. dollars, up 37.8 percent from 776 million U.S. dollars in 2009.

The increase in trade volume is due to the economic recovery.

Cambodia's main imports from China are garment raw materials, machinery, foodstuffs, electronics, furniture, light products, medicines and cosmetics while Cambodia's main exports to China are agricultural products, rubbers, fishery, timbers, and some garments and textiles.

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