Home Technology Cambodia-S Korea trade reaches $869 mn in Jan-Nov 2021

Cambodia-S Korea trade reaches $869 mn in Jan-Nov 2021

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Cambodia-S Korea trade reaches $869 mn in Jan-Nov 2021

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Cambodia-South Korea bilateral trade rose by 8.8 per cent to $869.73 million during January-November this year as the two countries agreed to fully implement the newly-signed free trade agreement (FTA) next year. Cambodia’s exports to South Korea were worth $309.07 million during the period, a year-on-year rise of 5.9 per cent, whereas its imports from the latter rose by 10.5 per cent to $560.66 million.

The two countries signed in October this year the FTA. The Korea International Trade Association released the figures recently.

Cambodia mainly exported footwear and other apparel, travel products, beverages, electrical and electronic components, rubber, pharmaceuticals and agricultural products to South Korea, while it imported vehicles, electronics, kitchen appliances, beverages, pharmaceuticals and finished plastics and products, according to a Cambodian newspaper report.

Cambodia-South Korea trade rose by 8.8 per cent to $869.73 million during January-November as the two sides agreed to fully implement the new free trade agreement next year. Cambodia’s export to South Korea were worth $309.07 million in the period, a 5.9 per cent rise year on year, whereas its imports from the latter rose by 10.5 per cent to $560.66 million.

Fibre2Fashion News Desk (DS)



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