Commercial and Economic

Commercial and Economic

 India-Cambodia trade has been growing steadily in the last few years.  The total trade between India and Cambodia stood at US$187.36 million in 2015, which indicated a 10% increase over the corresponding figure for 2014 (total trade US $169 million). Of this, exports from India were US $145.57 million (a decrease of about 4.5% over 2014) and the imports from Cambodia were US $42.36 million (an increase of 162%). 

While the overall trade has shown a continuous trend of growth, the bilateral trade is modest and there exists much room for expansion and increase.  Some Indian companies have set up base in Cambodia and others are exploring opportunities. Cambodia offers one of the most relaxed regimes for bilateral trade and there exists enormous potential for enhanced economic engagement between the two countries. Our exports are dominated by Pharmaceuticals, yarn, leather and some engineering items.  Cambodian exports are mostly primary products.  The bilateral trade figures since 2010-11 are as under: 

Trade with India

(In USD millions )

2010-11

2011-12

2012-13

2013-14

2014-15

2016

(Jan – Dec)

Total Trade

74.95

106.73

124.18

153.98

187.36

153.13

Exports

66.94

99.45

112.28

141.26

145.57

110.01

Imports

8.01

7.28

11.9

12.72

42.36

43.13

Growth

48.12%

42.40%

16.35%

24%

10%

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The principal commodities exported from India are: drugs and pharmaceutical products, organic chemicals, yarn, woven fabric, leather, man-made staple fibers, tobacco, vehicle parts, machinery and cosmetics. Whereas the main exports from Cambodia are non-ferrous metals. The trade basket can be however expanded by sourcing lentils, yellow maize, black eye beans, chick peas, black pepper, palm oil, shellac, eucalyptus chips/pulp, cashew nuts, turmeric, sesame seeds etc. being produced in large quantities in Cambodia.

 

 

 
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