Cambodia’s exports to the member countries of Regional Comprehensive Economic Partnership (RCEP) totaled US$1,956 million in the first three months of this year, up 11 percent over the same period last year, according to the data from the Ministry of Commerce.

For the January-March period, Cambodia’s top four export destinations were Vietnam, China, Thailand, and Japan, the data shows, adding that the Kingdom shipped US$759 million worth of products to Vietnam, US$322 million to China, US$318 million to Thailand, and US$306 million to Japan.

The Regional Comprehensive Economic Partnership was put into force early this year.

The regional trade pact comprises 15 Asia-Pacific countries including 10 member states of the Association of Southeast Asian Nations (ASEAN) — Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam — and their five trading partners, namely China, Japan, South Korea, Australia and New Zealand.

The two-way trade between Cambodia and RCEP member countries was amounted to US$8,062 million, inching down 2 percent over the same period last year, read the data.

Regionally, Cambodia exported US$1,172 million worth of goods to ASEAN member states, a year-on-year increase of 12 percent.

Source: Agency Kampuchea Press