China corners 90% of imports to Cambodia

PHNOM PENH (The Phnom Penh Post/Asia News Network): The Cambodian-Chinese merchandise trade totalled US$10.579 billion in the first 11 months of 2022, up 6.31 per cent year-on-year, with imports from China accounting for an 89.51 per cent share, up 3.29 percentage points from the same time in 2021, according to the General Department of Customs and Excise (GDCE).

In the January-November period, Cambodian imports from China were to the tune of $9.470 billion, up 10.36 per cent year-on-year, but exports to Chinese shores slid 19.1 per cent to $1.109 billion. The Kingdom’s trade deficit with China for the period expanded just over 15.95 per cent on a yearly basis to $8.360 billion.