Cambodia’s trade with Hong Kong jumps 22%

Bilateral trade between Cambodia and Hong Kong rose more than 22 per cent year-on-year in 2011, according to data from the Hong Kong Trade Development Council, whose regional base is in Hanoi. Total trade was US$741 million, compared with $607 million in 2010. Cambodia’s exports to Hong Kong grew more than 90 per cent to $42 million, from $22 million two years ago, and imports from Hong Kong grew 20 per cent to $698 million. Experts say this growth has been caused by the improving state of both economies. “Because our economy is improving, we can produce more to export,” Ministry of Commerce director-general Sok Sopheak said. …

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