Friday, February 5, 2010

Vietnam Trade with Cambodia falls by 18.7%

February, 05 2010
VNS


HA NOI — Two-way trade between Viet Nam and Cambodia reached just US$1.33 billion last year, reflecting a year-on-year decrease of 18.7 per cent, according to the Cambodia Chamber of Commerce.
Viet Nam's exports to Cambodia – which included textiles and garments, consumer goods and construction materials – dropped by more than 19 per cent to $1.14 billion, while Cambodian exports to Viet Nam, mainly agricultural products, went down by 15.5 per cent to $186 million.
Nguon Meng Tech, the chamber's chairman, blamed the global economic downturn for reduced consumer spending.

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