Thai Embassy’s Foreign Trade Promotion Office (FTPO) released statistics by showing that international trade between Cambodia and Thailand has increased more than 80 percent during the first four months of 2010, compared to the same period last year.
During April 2010, the bilateral trade was estimated to total USD$386 million alone. Exchanged goods with neighboring countries were worth USD$914 million in the year to the end of April, increased 84 percent from USD$497 million for the first four months in 2009.
Lang Seng Hor, market manager for Cambodian Center for Study and Development in Agriculture-CEDAC- was quoted by the Phnom Penh Post as saying that April is traditionally a strong month for trade due to economic spin-offs from agricultural harvests, including crops of rice, corn, cassava and beans.
FTPO showed figures that the total trade between the both nations dropped 22.15 percent to UDS$1.658 billion in 2009, from UDS$2.130 billion in 2008.
Products that Thailand has exported to Cambodian market are petroleum, processed goods, consumer products, building materials, fruits, vegetables and cosmetics. Products that Cambodia extorted Thailand are agricultural products, secondhand garments, recyclable metal and fish.