Given the risks to Thailand’s local economy and tourism, a vital contributor to the economy, Bangkok may have more reasons to end the conflict as soon as possible, said Trinh Nguyen, Natixis senior economist for emerging Asia. Cambodia’s economic growth was already expected to slow, according to a July 17 report by Maybank Securities Pte., which noted the country’s dependence on the U.S. is the highest in Asean, at 38% of nominal exports or 21% of GDP. Thai exports to Cambodia totaled $5.1 billion in the first half of 2025, including jewelry, oil and sugar, with $732 million of imports, mostly fruit and vegetables, according to the Thai Commerce Ministry.
Author: Bloomberg News
Published at: 2025-07-26 19:58:23
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