PHNOM PENH: Cambodia's trade with its fellow Association of Southeast Asian Nations (Asean) member states hit US$4.32 billion in the first quarter of 2024, up 18.6 per cent from $3.64 billion over the same period 2023, said a report from the Ministry of Commerce on Thursday (April 18).
The kingdom exported products worth $1.77 billion to other Asean countries during the January-March period this year, up 33 per cent from $1.33 billion over the same period 2023, the report said.
Meanwhile, the country's import from Asean was valued at $2.55 billion, up 10.3 per cent from $2.31 billion, it added.
Cambodia's three largest trading partners in Asean are Vietnam, Thailand and Singapore, the report said.
Cambodian Prime Minister Hun Manet has said the kingdom stood as a vibrant partner within Asean.
"Cambodia's strategic membership in key regional and global trade agreements, including Asean and the World Trade Organization (WTO), positions it as a highly integrated player within the dynamic global market," he said in a speech at a Cambodia-Asean business forum in Phnom Penh earlier this month.
He said that Made-in-Cambodia products, encompassing garments and bicycles, are currently recognised in Asean and worldwide for their quality and competitive pricing. - Xinhua
