Key Exports Drop Sharply

Exports for some of Cambo­dia’s most-traded commodities have declined sharply this year, a new report shows.

The Cambodia Development Research Institute’s “Flash Re­port” on the economy, which com­pares the first eight months of this year with the same period last year, found that fish exports had de­clined 42 percent, to $6 million. Rub­ber exports had fallen 48 per­cent, to $16 million. Cambodia has not officially exported rice since 2001, the report said.

Gas­o­line im­ports also fell, by 24 percent, to 57,000 tons. Diesel fuel im­ports dropped 20 percent.

The price of gasoline in Sep­tember was at 2,200 riel a liter, up 4.8 percent.

Private investments approved by the Council for Development of Cambodia fell 3 percent in the first half of 2002, the report stated.

Of $46.19 million invested, $24.99 million was invested in industry and $19.01 million in the service sector. Just $2.19 million was invested in agriculture.

 

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