Cambodia-European Union (EU) trade was worth €4.5 billion ($4.98 billion) in 2021, up by 4.6 per cent from the previous year figure. Products Cambodia exported included milled rice, textiles, footwear, travel goods and bicycles, while key items it imported from the EU included construction materials, electronics and pharmaceutical products.
This was announced in a joint press release issued at the end of the 11th Cambodia-EU Joint Committee Meeting, held recently in Phnom Penh in a hybrid format and co-chaired by Cambodian foreign ministry’s secretary of state Luy David and Paola Pampaloni, deputy managing director for Asia and Pacific of the European External Action Service.
The meeting discussed economic recovery measures, bilateral trade and investment relations, technical cooperation, market access issues, and the ongoing efforts to further improve the business environment, including the new Law of Investments, and diversify Cambodia’s economy, it said.
