Cambodia-Japan Trade Valued at US$2.3 Billion
AKP Phnom Penh, February 27, 2020 —
Bilateral trade between Cambodia and Japan were valued at US$2,292 million in 2019, a year-on-year increase of 10 percent, data from the Ministry of Commerce shows.
From January to December last year, Cambodia exported US$1,729 million worth of products to Japan and its imports from the country were worth US$562 million.
In terms of investment, there were 137 recorded projects as of 2019 with a total investment capital of US$2.5 billion, covering mainly the areas of manufacturing of electronic and electric components, auto spare parts, agro-industrial materials, food processing, construction of hotels, hospitals, and shopping malls.
Most of the Cambodian exports, according to the ministry, were garments, footwear products and, to a lesser degree, electronic components such as mobile phone batteries. Japan mostly exported machinery, cars and electronic devices, as well as beef, steel and pharmaceutical products to Cambodia.
By Chea Vannak