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.