Cambodia trade with Vietnam, Thailand up [It's a one-way trade]

Published: March. 1, 201

PHNOM PENH, Cambodia, March 1 (UPI) -- Cambodia's trade with Vietnam and Thailand rose sharply last year, official data release Friday indicated.

Bilateral trade with Vietnam reached about $3.3 billion in 2012, up 18 percent from 2011, a report by China's Xinhua News Agency said, citing the Vietnam trade office in Cambodia.

Cambodian exports to Vietnam, mainly agriculture products, rubber latex and furniture, totaled $486 million, while imports from Vietnam such as petroleum, construction materials, IT devices and equipment and fertilizers totaled $2.8 billion.

Total trade with Thailand in 2012 was valued at $3.8 billion, up 40 percent year-on-year, Xinhua said, quoting the Thai foreign trade promotion office. Cambodia exported $300 million worth of agricultural products, recyclable metal and fish to Thailand. It imported $3.5 billion worth of Thai vehicles, petroleum, processed goods, building materials and agricultural machinery.