Business / Economy

China's trade volume with Cambodia up 18% last year

(Xinhua) Updated: 2016-04-29 11:20

PHNOM PENH - Trade volume between China and Cambodia was valued at $4.4 billion in 2015, an 18-percent increase year-on-year, Chinese Ambassador to Cambodia Bu Jianguo said Thursday.

Speaking at the inauguration ceremony of a China-funded power transmission system in southern Kandal province, Bu said that China imported products worth about $670 million from Cambodia last year, up 38 percent year-on-year.

She attributed the annual trade growth to good relations and cooperation between the two countries and peoples.

China imported from Cambodia mostly milled rice, dry rubber, cassava, fishery, and apparels as the country exported to Cambodia mainly garment raw materials, machinery, vehicles, foodstuffs, electronics, medicines and cosmetics.

In 2012, the two countries agreed to boost their two-way trade volume to $5 billion by 2017.

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