Cambodia's apparel exports to South Korea saw a 14.37 per cent increase, reaching $191.374 million in 2022. The total trade between the two countries was recorded at $780 million, with Cambodia's goods export accounting for $234 million, demonstrating the dominance of apparel exports in their trade relations.

South Korea ranked as the fourteenth largest trading partner for Cambodia last year, as per local media reports.

Cambodia's goods export experienced a 20.4 per cent growth in 2022, while imports increased by 6 per cent to $545 million during the same period. Cambodia benefits from preferential tariff treatment on exports based on various agreements, including a Free Trade Agreement (FTA) between the two countries.

Cambodia's outbound shipments to South Korea were valued at $167.151 million in 2021, $169.716 million in 2020, $187.650 million in 2019, and $173.889 million in 2018. Home textile exports from Cambodia to South Korea remained insignificant at $1.484 million in 2022, according to data obtained from Fibre2Fashion’s market insight tool TexPro.

South Korea held the thirteenth position among Cambodia's largest apparel markets in 2022. The country accounted for 1.39 per cent of Cambodia's total apparel exports of $13.791 billion in 2022.

Fibre2Fashion News Desk (KUL)

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Cambodia's apparel exports to South Korea rise 14% to $191 mn in 2022

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