Kingdom’s trade deficit widens

Cambodia’s total exports increased more than 13 per cent in the first nine months of this year, with a year-on-year comparison indicating a widening trade deficit. A private-sector representative, an exporter and an independent economist said the slow growth was mainly due to the slowing of the European and US economies. Official data from the Ministry of Commerce shows total exports worth $4 billion over the first nine months of the year, compared with $3.6 billion in the same period last year — a 13 per cent increase. …

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