Cambodia and the United Kingdom enjoy a thriving trade relation driven by increasing demand for Cambodian products in the UK, the Cambodian Ministry of Commerce said.
Bilateral trade increased from $500m in 2012 to over $1bn in 2018, Acting Minister of Commerce Kem Sithan revealed on Tuesday during a meeting in Phnom Penh with UK’s Air Vice-Marshal John Philliban. Mr Sithan asked the UK to continue supporting Cambodian products.
Ministry spokesman Seang Thay told Khmer Times that trade will continue to increase in the near future. He said Cambodia exported about $500m worth of goods to the UK in the first six months of 2018. Imports from the UK during the same period were valued at $22m, he said. With Brexit looming, the two countries are now striving to redefine their trade relation, he said.