Cambodia's exports to ASEAN nations rise by 13% YoY in 2022

08 Feb '23

1 min read

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Cambodia’s trade with the nine members of the Association of Southeast Asian Nations (ASEAN) was worth $16.053 billion last year—up by 1.4 per cent from $15.838 million in 2021. Its exports to the nine ASEAN members rose by 13 per cent from $2.914 billion in 2021 to $3.297 billion last year, making up 14.7 per cent of the $22.483 billion in total exports.

The trade figure with ASEAN nations was 30.62 per cent of the country’s $52.425 billion in foreign trade for the year—down from a 32.99 per cent share in 2021, a ministry of commerce report said.

On the other hand, the country’s imports from ASEAN markets slid by 1.3 per cent from $12.924 billion in 2021 to $12.756 billion last year, and comprised 42.60 per cent of the $29.942 billion in total imports.

Vietnam and Thailand alone represented 67.28 per cent of Cambodia’s trade with the nine other ASEAN countries in 2022, at $6.136 billion and $4.664 billion respectively, rising by 19.64 per cent and 14.22 per cent on a yearly basis, according to Cambodian media reports.

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