Cambodia exported $5,261 million worth of goods to member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first eight months this year—a rise of 22 per cent compared to $4,299 million in the same period last year, according to the country’s commerce ministry.
The country’s exports to RCEP nations reached $6.34 billion in 2022, a year on year increase of 7 per cent.
RCEP, which entered into force on January 1 last year, has boosted the country’s exports in a major way and attracted new investment, contributing to economic development, said Lim Heng, vice president of the Cambodia Chamber of Commerce at a recent lecture.
