The value of exports from Cambodia to China in the first seven months of 2023 came in at $815 million, rising more than 16 per cent compared to the same period in 2022 with bilateral trade reaching nearly $7.1 billion.

According to the General Department of Customs and Excise of Cambodia (GDCE), exports to China between January and July 2023 grew 16.2 per cent to $814.7 million from $701.2 million in 2022. Imports from China amounted to $6.3 billion, up 0.1 per cent from $6.3 billion.

Bilateral trade volume expanded 1.8 per cent to around $7 billion from a year ago. Cambodia experienced a trade deficit of more than $5.5 billion, marginally lower than the same period in 2022.

Data from the General Department of Customs and Excise of Cambodia showed that in 2022, bilateral trade increased 4.4 percent to $11.7 billion from 2021.

Of that, Cambodia exported $1.2 billion worth of goods to China, down 17.9 per cent while Cambodia imported $10.4 billion, up 7.9 per cent.

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by Hin Pisei |Phnom Penh Post Publication |date 13 August 2023 | 19:37 ICT