PHNOM PENH (Xinhua): Cambodia's trade volume with its fellow Asean member states hit US$14.3 billion in the first 11 months of 2024, up 12.8 percent from US$12.68 billion over the same period last year, said an official report from the government.
The kingdom exported products worth US$4.62 billion to other countries of the Association of South-East Asian Nations (Asean) during the January-November period this year, up 8.9 percent from US$4.24 billion over the same period last year, said the report from the Ministry of Commerce.
Meanwhile, the country's total import from its fellow Asean countries amounted to US$9.68 billion, up 14.8 per cent from roughly US$8.44 billion, it added.
Cambodia's trade volume with the Asean accounted for more than 28 per cent of its US$50.4 billion total trade volume during the first 11 months of this year, the report said.
The kingdom's top five trading partners in Asean during the above-mentioned period were Vietnam, Thailand, Singapore, Indonesia, and Malaysia, the report added.
Cambodian Prime Minister Hun Manet has said that the country stood as a vibrant partner within the Asean, adding that made-in-Cambodia products, such as garments and bicycles, were currently recognised in Asean and worldwide for their quality and competitive pricing.
"Cambodia's strategic membership in key regional and global trade agreements, including Asean and the World Trade Organization, positions it as a highly integrated player within the dynamic global market," he said.
Asean comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. - Xinhua
