Logo of Phnom Penh Post newspaper Phnom Penh Post - Exports to Japan see a big jump

Exports to Japan see a big jump

Exports to Japan see a big jump

Cambodia’s exports to Japan increased sharply by 39 per cent over the first three months of 2014 compared to the same period last year, according to data from the Japan External Trade Organization (JETRO).

Total exports reached more than $178 million at the end of March, compared to $128 million for the first quarter of 2013.

“It clearly shows the success through the relationship between the two countries,” Hiroshi Suzuki, CEO of the Business Research Institute for Cambodia, said.

Suzuki said that while the majority of exports were garment products, the shipment of electronics was also on the rise, led in part by recent Japanese investment in Cambodian manufacturing.

“So far, the main export destinations are US and EU. However, now Japan could be one of the important export destinations not only for the garment sector but also for parts industry under good supply chain systems among Asian countries,” Suzuki added.

MOST VIEWED

  • Negotiations on EBA being held

    In an effort to defuse tensions, a senior government official said Cambodia is negotiating with the European Union (EU) on the Everything But Arms (EBA) trade deal, which allows the Kingdom to export goods to the 28-member bloc tariff-free. The EU notified Cambodia on October 5

  • Ministers to tackle sea pollutants

    Preah Sihanouk provincial authorities and members of local communities have collected 77 tonnes of water hyacinth at a Sihanoukville beach, Preah Sihanouk Provincial Hall spokesperson Or Saroeun said. He told The Post yesterday that the aquatic weeds had been floating along some of the province’s

  • Chinese police escort deported scam suspects

    Ninety-one Chinese nationals accused of extorting money from victims in a Voice over Internet Protocol (VoIP) scam were deported from Phnom Penh International Airport on Monday under the escort of 182 Chinese police personnel. General Department of Immigration head of investigations Ouk Hay Seila told reporters

  • EU officials: Ending EBA an 18-month procedure

    EU officials have confirmed that it will take a total of 18 months to complete the procedure if Cambodia’s preferential Everything But Arms (EBA) trade agreement is to be withdrawn. According to EU Agriculture and Rural Development spokesman Daniel Rosario, the formal process has not