Cambodia, China committed to raising bilateral trade to $10 bn by 2023

Cambodia’s export of goods to China saw a significant rise, valued over $1.1 billion in the third quarter this year—a year-on-year increase of 52.74 per cent, according to figures from the former’s ministry of commerce. Both sides are committed to raising bilateral trade to $10 billion by 2023 from $8.1 billion last year, according to a ministry report.

The 2020 bilateral trade figure was down by 5.2 per cent from the 2019 figure.

Cambodia imported $6.8 billion worth of goods from China in the third quarter, a 36.32 per cent increase compared to the same period last year.

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