Cambodia’s exports to other Regional Comprehensive Economic Partnership nations were worth $4.07 billion in 2023 first half—up by 24 per cent year on year.
Its top three export destinations under RCEP during the period were Vietnam, China and Japan.
It shipped products worth nearly $1.43 billion to Vietnam, $713 million to China and $545 million to Japan.
Cambodia’s exports to other Regional Comprehensive Economic Partnership (RCEP) member countries were worth $4.07 billion in the first half (H1) this year—up by 24 per cent from $3.28 billion over the same period last year, according to the ministry of commerce.
The country’s top three export destinations under the RCEP during H1 2023 were Vietnam, China and Japan, the ministry said in a report.
It shipped products worth nearly $1.43 billion to Vietnam—up by 22 per cent; $713 million to China—up by 17 per cent; and $545 million to Japan—up by 1 per cent, the report said.
RCEP comprises 15 Asia-Pacific countries—ten member states of the Association of Southeast Asian Nations (ASEAN) and their five trading partners: China, Japan, South Korea, Australia and New Zealand.
“The growth clearly shows that the RCEP countries are a potential market for made-in-Cambodia products,” ministry spokesman Penn Sovicheat was quoted as saying.
Source: Khmer Times
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<p>Time: 2024 By: Ministry of Industry and Trade</p>
