Cambodia, Thailand record strong bilateral trade
Trade between Thailand and Cambodia hit over 4.18 billion USD during the
first 10 months of the year, up 12 percent against the same period last
year, according to the Thai Embassy in Cambodia.
Trade between Thailand and Cambodia hit over 4.18 billion USD during the
first 10 months of the year, up 12 percent against the same period last
year, according to the Thai Embassy in Cambodia.
Cambodia’s trade reform has facilitated the growth of import from the ASEAN member states, the European Union, China, and Japan this year, Secretary of State of Ministry of Commerce Kim Sithon said.
Cambodia shipped to Thailand 457 million USD worth of commodities, mainly rice, maize, cassava, beans, fish, and garment, a year on year surge of 61 percent.
Meanwhile, Thailand’s exports to Cambodia reached 3.725 billion USD during the period, up 8 percent. Thai products to the partner are mainly gas and petroleum, food, fruits, building materials, construction equipment and pharmaceuticals.
In a recent meeting in Phnom Penh, the Cambodia-Thailand General Border Committee (GBC) has discussed measures to further enhance economic cooperation between the two countries, notably their border areas.-VNA
Cambodia’s trade reform has facilitated the growth of import from the ASEAN member states, the European Union, China, and Japan this year, Secretary of State of Ministry of Commerce Kim Sithon said.
Cambodia shipped to Thailand 457 million USD worth of commodities, mainly rice, maize, cassava, beans, fish, and garment, a year on year surge of 61 percent.
Meanwhile, Thailand’s exports to Cambodia reached 3.725 billion USD during the period, up 8 percent. Thai products to the partner are mainly gas and petroleum, food, fruits, building materials, construction equipment and pharmaceuticals.
In a recent meeting in Phnom Penh, the Cambodia-Thailand General Border Committee (GBC) has discussed measures to further enhance economic cooperation between the two countries, notably their border areas.-VNA
You should also see
InfographicADB maintains 2024 economic growth forecast for Vietnam
In its April 2024 Asian Development Outlook (ADO) report, the Asian Development Bank (ADB) has maintained its earlier forecast for Vietnam’s economic growth this year, despite ongoing uncertainties from the external environment. Vietnam’s economy is expected to achieve a growth rate of 6.0% in 2024 and 6.2% in 2025.
See more
World
Indonesia develops sustainable tourism
Indonesia has been working to realise its goal of building a quality, sustainable and environmentally friendly tourism industry.
World
Vietnam to have many opportunities from digitalisation, green transformation: IMF
The International Monetary Fund (IMF) has forecasted that Vietnam will have many opportunities from digitalisation and green transformation, according to IMF Asia and Pacific Department Director Krishna Srinivasan.
World
Thailand’s EV sales forecast to miss target
Electric vehicle (EV) sales in Thailand may fail to reach the estimate of 130,000 units this year as prices are likely to keep changing, according to Hyundai Mobility Thailand.
World
Thailand, EU hope to sign FTA in mid-2025
Before the Songkran holiday, senior officials from Thailand and the European Union (EU) met in Bangkok to discuss ways to promote their relationship, including the framework of the Free Trade Agreement (FTA), green transformation, and Schengen visa waiver, Thai media has reported.
World
India’s trade deficit with ASEAN widens
India's trade deficit with the Association of Southeast Asian Nations (ASEAN) has more than doubled since the implementation of the ASEAN-India Trade in Goods Agreement (AITIGA) in 2010.
