Cambodia has included garments among potential products that can be exported to Turkiye in greater volume. Bilateral trade between Cambodia and Turkiye witnessed a growth of 70 per cent in 2022 compared to the previous year. Cambodia's garment exports also jumped 110 per cent to $84.143 million last year. If both countries intensify their efforts to boost trade, textiles may be the major products to get a boost.

Officials from Cambodia's ministry of commerce recently held a virtual conference with their counterparts from Turkiye. They shared ideas and experiences to enhance economic cooperation, trade, and investment. They also discussed the feasibility study for an economic agreement between them.

Cambodia's apparel exports to Turkiye have noticed an upward trend after the COVID disruption. The outbound shipment reduced to $37.564 million in 2020 from $48.314 million in 2019. The export value was at $56.782 million in 2018. It increased to $40.609 million in 2021 and $84.143 million in 2022, according to Fibre2Fashion's market insight tool TexPro. Cambodia's import of garments from Turkiye was negligible.

Cambodia was an importer of fabric from Turkiye. However, the trade was not very large. Cambodia imported fabric worth $9.385 million in 2022, which was lower than the shipment of $13.025 million in 2021. The inbound shipment was noted at $12.099 million in 2020, $7.842 million in 2019, and $4.935 million in 2018, as per TexPro.

Fibre2Fashion News Desk (KUL)

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Cambodia's garment exports to Turkiye jump 110% to $84 million in 2022

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