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Cambodia, Thailand trade hits 2,913 million USD in January-April

Trade between Cambodia and Thailand reached 2,913 million USD in the January-April period, a year-on-year increase of 8.04 percent, according to data from Thailand’s Ministry of Commerce.
Cambodia, Thailand trade hits 2,913 million USD in January-April ảnh 1Cambodia - Thailand trade hits 2,913 million USD in January-April (Photo: Khmer Times)
Phnom Penh (VNA) – Trade between Cambodiaand Thailand reached 2,913 million USD in the January-April period, ayear-on-year increase of 8.04 percent, according to data from Thailand’sMinistry of Commerce.

The bilateral trade increased as both sides easedCOVID-19 restrictions leading to the opening of the borders for goods andpeople, the Khmer Times newspaper said.

During the reviewed period, Cambodia exported 458million USD worth of goods to Thailand, a 13.53 percent increase compared tothe same period last year.

Meanwhile, it imported 2,455 million USD worth ofproducts from Thailand, a 7.08 percent increase year-on-year, read the data.

The two countries are expected to see the bilateraltrade volume increase from this year, according to the Thai Business Council inCambodia (TBCC).

TBCC President Jiranan Wongmongkul said on June 8that bilateral trade between the neighbours grew remarkably year on year in thepre-pandemic period, with both sides hoping to boost trade volume up to 15billion USD by 2023.

Penn Sovicheat, Under-Secretary of State and Spokespersonat the Ministry of Commerce said, the inflow of goods across the border willboost trade activities and push trade volume.

Bilateral trade between Cambodia and Thailand was valuedat 7.97 billion USD last year, a 10.26 percent increase compared to a yearbefore./.
VNA
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