Saturday, February 27, 2010

Exports to South Korea soar as rubber begins to take off

May Kunmakara

Phnom Penh Post

CAMBODIAN exports to South Korea surged 391 percent in January compared with the same month last year to US$4.33 million amid an overall rise in bilateral trade between the two countries, Korea Trade-Investment Promotion Agency (KOTRA) figures showed Thursday.

Total trade was up 77 percent to $27.715 million. Imports from South Korea climbed 58.2 percent to $23.39 million as economic activity rebounded from the very low base at the start of 2009, when the economic crisis was at its height in the Kingdom. Last January, trade between the two countries declined 20 percent.
 

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