Cambodia’s trade with ASEAN rises to $15.69 bln in 2024, up 12.4 pct
Cambodia’s trade with ASEAN rises to $15.69 bln in 2024, up 12.4 pct
A Ministry of Commerce report on Tuesday said Cambodia’s trade volume with its fellow ASEAN member states reached $15.69 billion in 2024, up 12.4 percent from $13.96 billion in the year before.
The kingdom exported products worth $5.07 billion to other ASEAN (the Association of Southeast Asian Nations) countries last year, up 7.6 percent from $4.71 billion a year earlier, the report said.
Meanwhile, the country’s total imports from its fellow ASEAN countries amounted to $10.62 billion, up 14.8 percent from $9.25 billion, the report added.
The report said Cambodia’s trade with the ASEAN accounted for 28.3 percent of the kingdom’s total trade volume of 55.3 billion dollars in 2024.
The report added that Vietnam, Thailand, Singapore, Indonesia, and Malaysia were Cambodia’s top five trading partners in ASEAN during the above-mentioned period.
Cambodian Prime Minister Hun Manet has said that the country stood as a vibrant partner within the 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.
ASEAN comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
