Cambodia sells more, buys less

Trade between Thailand and Cambodia went off in a wild divergence in the first quarter of this year. Exports from Cambodia rose 19% to US$102 million (2.9 billion baht) year-on-year, while Thailand’s imports recorded a 4% decline to $1 billion, the Phnom Penh Post reported on Monday, citing figures from the Cambodian Commerce Ministry. … “A lot of Cambodian agricultural products are being exported to Thailand as some barriers have been [adjusted] and that’s why we are seeing imports from Cambodia to Thailand increasing quite a lot,” Thai trade counselor Jiranun Wongmongkol told the newspaper. … Rising exports from Cambodia to Thailand are following a similar trend overall. Cambodian exports to other countries jumped more than 20% in the first quarter of this year compared with the same period last year, according to the ministry. …

http://www.bangkokpost.com/breakingnews/351002/strong-baht-sends-thai-exports-to-cambodia-down