Insights
- Cambodia's trade with RCEP countries reached over $26.5 billion from January to November this year, as per the ministry of commerce.
- This accounts for 61 per cent of the country's total international trade of $43 billion.
- Cambodian exports to RCEP nations increased by 27.29 per cent year-on-year during the January-November period, totalling $7.21 billion.
Cambodia's trade engagements with member nations of the Regional Comprehensive Economic Partnership (RCEP) have seen a significant increase, according to a recent report from the ministry of commerce. In the period from January to November this year, the total trade value with RCEP countries reached over $26.5 billion, marking a substantial portion of Cambodia's overall international trade.
The trade volume accounts for 61 per cent of Cambodia's total international trade, which stands at $43 billion for the same period.
Furthermore, Cambodia's exports to these countries have shown significant growth. Cambodia exported goods worth $7.21 billion to RCEP countries during the January-November period, representing a year-on-year increase of 27.29 per cent compared to last year, according to Cambodian media reports.
Cambodia's trade with RCEP countries reached over $26.5 billion from January to November this year, as per the ministry of commerce.
This accounts for 61 per cent of the country's total international trade of $43 billion.
Cambodian exports to RCEP nations increased by 27.29 per cent year-on-year during the January-November period, totalling $7.21 billion.
Fibre2Fashion News Desk (DP)
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