According to the General Department of Customs and Excise of Cambodia, bilateral trade between Cambodia and Japan in the first five months of 2023 totaled more than $699 million, a decrease of 10.2 percent compared to the same period in 2022. Japanese Ambassador to Cambodia Ueno Atsushi stated that Cambodia offers many opportunities for foreign investment due to favorable location, convenient conditions, and political stability. Oknha Lim Heng, Vice President of Cambodian Chamber of Commerce said that the trade between the two countries has increased steadily because of the good relations between the two governments and the number of Japanese companies investing in Cambodia to produce goods for exporting to international markets, including the Japanese market.

Reference:  Cambodia, Japan bilateral trade nears $700 million in the first five months. (2023, June 15). Khmer Times. Retrieved from  https://www.khmertimeskh.com/501308691/cambodia-japan-bilateral-trade-nears-700-million-in-the-first-five-months/