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Cambodia's exports to RCEP member nations up by 10% in H1 2022
23 Jul '22
1 min read
Pic: Shutterstock
In the first half (H1) of this year, Cambodia’s total exports to the Regional Comprehensive Economic Partnership (RCEP) member nations were worth $3.28 billion, up by 10 per cent from $2.99 billion over the same period last year. Its top three export destinations were Vietnam, China and Japan with shipped products worth $1,174 million, $612 million and $542 million respectively.
The country’s exports to the RCEP member countries during this period accounted for 28.8 per cent of its total exports worth $11.37 billion, according to data from the ministry of commerce.
The trade volume between Cambodia and the RCEP’s member countries topped $16.24 billion, up 9 per cent compared to the same period last year, ministry under-secretary of state Penn Sovicheat was quoted as saying by Cambodian media reports.
The RCEP free trade agreement entered into force on January 1, 2022.
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