In 8 months, Cambodia-ASEAN trade volume reached over USD10 billion, an increase of more than 11%

• 16 October 2024
• Local News
• 124 Views

In the first eight months of 2024, Cambodia’s trade with ASEAN countries reached over USD10 billion, marking an increase of more than 11% from the same period in 2023.

According to a report from the General Department of Customs and Excise published by the Ministry of Information on September 27, 2024, Cambodia exported about $3.43 billion worth of goods to ASEAN member countries, up 10% from the previous year, while it imported goods worth USD7.06 billion, showing a 12.5% increase from 2023.

This trade volume with ASEAN accounted for 28.4% of Cambodia’s total trade volume of about USD36.9 billion during the first eight months of 2024. The top five ASEAN trading partners for Cambodia are Vietnam, Thailand, Singapore, Indonesia, and Malaysia.

Additionally, in the first seven months of 2024, the bilateral trade volume between ASEAN and China reached $546.6 billion, showing an increase of 10.5% compared to the previous year. (Read more)

Among the 10 ASEAN members, Vietnam, Malaysia, and Indonesia are China’s top trading partners, with revenue percentages of 24.1%, 13.7%, and 4.1%, respectively.

• Business and Market
• Economy and Finance