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  • Vietnam, Cambodia trade climbs to record level 09/26/2022

    Sep 26th, 2022

    Trade between Vietnam and Cambodia reached a record US$7.7 billion in the first eight months of the year. Vietnam’s exports rose by 32% year-on-year to $4.1 billion, as the country turned last year’s deficit into a surplus, according to its customs department. billion USD Vietnam–Cambodia trade Jan-Aug Export Import Trade balance 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 -1 0 1 2 3 4 5 The biggest item was iron and steel, accounting for 17% of the total, followed by garment and fuel. Vietnam’s imports from Cambodia went up marginally to $3.6 billion, with rubber and cashew being the main items. As a result, last year’s deficit of $0.4 billion turned into a surplus of $0.5 billion. Cambodia is Vietnam’s third largest trading partner in Southeast Asia behind Thailand and Singapore.