Vietnam-Cambodia Trade Up to 37 Percent

Cambodian and Vietnamese bilateral trade in 2010 grow up to USD 1,828 billions from USD 1.332 billions in 2009, Vietnam Embassy’s Trade Promotion Office in Phnom Penh told Phnom Penh Post.

Cambodia and Vietnam plan to expand its bilateral up to USD 2 billions but fail to meet the target.

Cambodia’s exports to Vietnam rose by nearly 50 percent in 2010 to $277 million, from $186 million in 2009, while Vietnam’s exports increased about 36 percent to $1.552 billion from $1.146 billion.

Cambodia mostly exports unprocessed agricultural products – such as wood, rubber, cashew nuts, un-milled rice and types of corn – to Vietnam.

Vietnam’s exports to Cambodia spans a wide range of products including coffee, vegetables, fruits, cigarettes, consumer products, home appliances, construction materials, agricultural machines, fertilisers, pesticides and gas and oil.

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