Within 10 Months Cambodian-Vietnamese Trade Amounted to US$1.04 Billion

Within 10 Months Cambodian-Vietnamese Trade Amounted to US$1.04 Billion

The Mirror, Vol. 13, No. 643

“A high ranking official of the Vietnamese government said that within 10 months of 2009, the Cambodian-Vietnamese trade rose to US$1.04 billion, and the most import from Vietnam to Cambodia is petroleum, and the most export to Vietnam is rubber.

“The deputy director of the Asia – Pacific Market Department of the Ministry of Industry and Trade of Vietnam, Mr. Dao Ngoc Chuong [phonetic], said on 16 December 2009 while he attended a business and an investment forum in Cambodia that within 10 months of 2009, the Cambodian-Vietnamese trade increased to US$1.04 billion.

“According to Mr. Chuong, much of the trade is export from Vietnam to Cambodia, while imports of goods from Cambodia to Vietnam did not amount to much.

“He added that goods exported from Vietnam to Cambodia include petroleum, US$362 million; iron, US$104 million; machines and motor vehicle spare parts, US$32 million; plastic, US$31 million; food, US$30 million; textiles, US$25 million; sea food, US$14 million; paper, US$10 million; screws, US$8 million; ceramic, US$6.7 million; electric cables, US$6.2 million, and other products.

“The products that Cambodia exports to Vietnam are rubber, US$52 million; wood and wood products, US$31 million; tobacco, US$7.2 million; and scrap metal and products, US$1.5 million.

“The amount of the trade exchange between Cambodia and Vietnam increases every year. Practically, the figures show that it amounted to as much as US$1.64 billion in 2008, US$1.2 billion in 2007, and only US$935 million in 2006.” Rasmei Kampuchea, Vol.17, #5076, 18.12.2009

This article was first published by The Mirror, [3] Vol. 13, No. 643 - Friday, 18.12.2009
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Norbert Klein is the Editor of The Mirror [4] – The Mirror is a daily comprehensive summary and translation of the major Khmer language press - More about The Mirror [5]