Cambodia’s exports to Vietnam quadruple
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Cambodia’s exports to Vietnam nearly quadrupled to $3.7 billion in the first nine months of this year, according to statistics from the General Department of Vietnam Customs.
Cambodia increased its exports of vegetables and fruits by 61 percent, cashew by 595 percent, soybeans by 549 percent, and rubber by 391 percent.
Exports of wood products, fabric, scrap, and other goods grew by 5-300 percent.
Trade between Cambodia and Vietnam increased by 90.9 percent year-on-year in the first nine months of this year to US$7.2 billion.
According to the Cambodian Ministry of Agriculture, Forestry and Fisheries, the country exported agricultural products to 90 countries and territories though Vietnam (64.11 percent), Thailand (21.49 percent) and China (9.69 percent) accounted for most of it with all others accounting for only 4.71 percent.
Questions & Answers
Q.What is the total value of trade between Cambodia and Vietnam for the first nine months of this year?
What is the total value of trade between Cambodia and Vietnam for the first nine months of this year?
Trade between the two countries reached US$7.2 billion in the first nine months of this year. This represents a substantial 90.9 percent increase compared to the same period last year.
Q.Which specific Cambodian export products saw the largest percentage increases to Vietnam?
Which specific Cambodian export products saw the largest percentage increases to Vietnam?
Cashew exports to Vietnam increased by 595 percent, and soybeans grew by 549 percent. Rubber exports also saw a significant rise of 391 percent during the period.
Q.Which three countries are the primary destinations for Cambodia's agricultural product exports?
Which three countries are the primary destinations for Cambodia's agricultural product exports?
Vietnam is the largest destination, accounting for 64.11 percent of agricultural exports. Thailand follows with 21.49 percent, and China is third with 9.69 percent of Cambodia's agricultural products.
Q.What was the total value of Cambodia's exports to Vietnam in the first nine months of this year?
What was the total value of Cambodia's exports to Vietnam in the first nine months of this year?
Cambodia's exports to Vietnam amounted to $3.7 billion during the first nine months of this year. This figure reflects a significant near quadrupling of exports compared to the previous year.
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