A Change of Guard

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Tuesday 14 May 2013

Cambodia-Japan trade volume up 14% in 3 months

PHNOM PENH, May 14, 2013 (Xinhua) -- Bilateral trade volume between Cambodia and Japan had amounted to 180 million U.S. dollars in the first three months of this year, up 14 percent compared with the 158 million U.S. dollars at the same period last year, a report of the Japan External Trade Organization (Jetro) showed Tuesday.
During the January-March period this year, Cambodia's exports to Japan was worth about 128 million U.S. dollars, up 24 percent from 103 million U.S. dollars at the same period last year, while Japan's exports to Cambodia valued at 52 million U.S. dollars, down 5 percent from 55 million U.S. dollars, the report said.
Key goods Cambodia shipped to Japan were garments and shoes, sugar, fish and seafood. In exchange, the country imported machinery, automobiles, electronic devices, construction materials and pharmaceutical and cosmetic items.
Japan is one of the largest aid providers to Cambodia, but trade and investment ties between the two nations remain low.
In the whole year of 2012, the two-way trade volume valued at 641 million U.S. dollars, up 25 percent year-on-year, the Jetro's report said.

On the investment side, Japanese investors had invested about 300 million U.S. dollars in Cambodia in the last 3 years, according to a record released by Japanese Embassy to Cambodia in January.
Editor: Yang Yi

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