Wednesday, January 19, 2011

Cambodia's Trade with China up 41.5 pct in 2010 [-Huge trade deficit for Cambodia!]

2011-01-18
Xinhua

Bilateral trades between Cambodia and China increased 41.5 percent in 2010 compared with that of 2009, official statistics showed on Tuesday.

The two countries' total trade volume hit 1.12 billion U.S. dollars in 2010, up 41.5 percent from about 791 million U.S. dollars in 2009, according to the statistics from the department of statistics and planning of the Ministry of Commerce on Tuesday.

Of the figure, Cambodia's exports to China worth 56.8 million U. S. dollars, increased nearly four folds from 15 million U.S. dollars in 2009 and Cambodia's imports from China reached 1.07 billion U.S. dollars, up 37.8 percent from 776 million U.S. dollars in 2009.


The increase in trade volume is due to the economic recovery.

Cambodia's main imports from China are garment raw materials, machinery, foodstuffs, electronics, furniture, light products, medicines and cosmetics while Cambodia's main exports to China are agricultural products, rubbers, fishery, timbers, and some garments and textiles.

3 comments:

Anonymous said...

good for china for filling the gap! that's right, cambodia waits for no one as we said before! god bless cambodia.

Anonymous said...

Cambodia has no other country like CHINA to trade with, without China, cambodia will get no where..to trade with? China is the only one that cambodia can rely on within trading..goods! You need someone big to depend on, otherwise you will floating like lily pad without root...! I think PM Hun Sen and King Sihanouk knew what they are doing...stop complaint, and stop insulting our leaders please! If you can't help row the boat, don't try to stop the boat from moving...ok!

Anonymous said...

Remembered because of China thats why the WEST used Thailand to poked us left and right? Cambodia need China on her side to back down Viet/Thai...greeds!