Thai-Cambodian trade will miss $15bn target this year

The US$15 billion bilateral trade target between Cambodia and Thailand set for this year will not be reached, but senior officials say they are happy so far.

Trade between the two countries grew by 12% in 2019 to $9.4 billion, increasing from $5 billion in 2015, when the leaders of the two countries agreed to triple the bilateral trade to $15 billion in 2020.

Seang Thay, under-secretary of state and Commerce Ministry spokesman, said that although the targeted $15 billion bilateral trade would not be reached, trade between the two countries is trending upwards, the Khmer Times reported on Friday.

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