Cambodia's trade with Asean rises to US$15.69bil 2024, up 12.4%


PHNOM PENH: Cambodia's trade volume with its fellow Asean member states reached US$15.69 billion in 2024, up 12.4 per cent from $13.96 billion in the year before, said a Ministry of Commerce's report on Tuesday (Jan 21).

The kingdom exported products totally worth $5.07 billion to other Asean countries last year, up 7.6 per cent from $4.71 billion a year earlier, the report said.

Meanwhile, the country's total import from its fellow Asean countries amounted to $10.62 billion, up 14.8 per cent from $9.25 billion, it added.

Cambodia's trade volume with Asean accounted for 28.3 per cent of the kingdom's total trade volume of $55.3 billion in 2024, the report said.

Cambodia's top five trading partners in Asean during the above-mentioned period were Vietnam, Thailand, Singapore, Indonesia and Malaysia, the report added.

Cambodian Prime Minister Hun Manet has said that the country stood as a vibrant partner within Asean, adding that made-in-Cambodia products, such as garments and bicycles, were recognised in Asean and worldwide for their quality and competitive pricing.

"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. - Xinhua

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Cambodia , trade , Asean

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