Cambodia-Vietnam trade surges to nearly US$6.6bil 2023

Bilateral trade between Cambodia and Vietnam has maintained steady growth, reaching nearly US$6.6 billion in 2023, an increase of more than 7% compared to 2022. The kingdom’s exports increased by over 37%, according to the General Department of Customs and Excise (GDCE).

Exports and imports between the two nations totalled $6.58 billion in 2023, a surge of 7.3% compared to $5.613 billion in 2022. Cambodia’s exports were valued at $2.97 billion, up 37.1%, while imports from the Asean neighbour were worth $3.61 billion, a decrease of 8.9%.

The trade deficit for Cambodia stood at $639.62 million for 2023, significantly lower than the $1.8 billion recorded in 2022.

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