Cambodia-China trade increases to $912 Million for first half of 2011

“Bilateral trade between Cambodia and China grew about 82 percent in the first half of 2011 if comparing with the same period for last year while the two countries are trying to boost the trade ties to achieve US $2.5 billion in 2012,” Ministry of Commerce said this week. According to the report from the ministry, bilateral trade volume between Cambodia and China in the first half of 2011 reached US$912.76 million increasing over the same period with last year, which was valued at US$501 million. The total exports of Cambodia to china has grown 275 percent so far in this year with  an increase from US $17.68 million to US$ 66.13 million if comparing to the same period last year. At the same time, the total export of China to Cambodia increased by 75 percent which rose from US$ 483.37 million to US$ 846.45 million).