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VietNamNews

Viet Nam-Cambodia trade on the up

Update: March, 02/2013 - 05:24

HA NOI (VNS)— Bilateral trade between Viet Nam and Cambodia reached US$3.3 billion in 2012, up 17 per cent from the previous year, according to the Vietnamese Trade Office in Phnom Penh.

Of this figure, Viet Nam's total export value was $2.8 billion, representing an 18 per cent increase from 2011 ($2.4 billion).

The country's import value stood at $486 million, a rise of 13.19 percent from 2011 ($430 million).

Viet Nam's exports to Cambodia include steel, confectionery, cereals, garments and textiles, vegetables, paper, machines and accessories. Meanwhile, its imports encompass seafood, maize, tobacco, rubber, rice and cashew nuts.

Vietnamese commercial attache to Cambodia Tran Tu said that in recent years, the two countries have created favourable conditions for border trade, which is expected to help them achieve their bilateral trade target of $5 billion in 2015.-VNS

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