Cambodia’s exports to Japan worth $1.752 bn in 2021, keen on FTA

Cambodia is keen to establish bilateral free trade agreements (FTAs) with major trading partners, including Japan, its commerce ministry has said. Cambodia exported $1.752 billion worth of goods to Japan in 2021, a year-on-year (YoY) increase of 8.4 per cent, according to data from the Japan External Trade Organisation (JETRO), which said two-way trade volume reached $2,332 million.

Cambodia imported $580 million worth of products from the East Asian nation—a rise of 19.7 per cent over the figure a year before, the report said. This made Cambodia’s trade surplus with Japan at $1,172 million, decreasing $40 million from 2020.

JETRO listed garments and electrical and electronic components as key Cambodian exports to Japan; and machinery, electronics and high-tech products as the main imports.

In full: https://www.fibre2fashion.com/news/textile-news/cambodia-s-exports-to-japan-worth-1-752-bn-in-2021-keen-on-fta-278822-newsdetails.htm

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