Cambodia & Morocco look to deepen ties; may boost apparel trade

Morocco and Cambodia have pledged to strengthen their trade ties.

Morocco’s foreign minister Nasser Bourita and his Cambodian counterpart Prak Sokhonn have pledged to strengthen their countries’ trade ties, although current textile trade between them is negligible. Morocco is a significant garment market, while Cambodia is a prominent garment exporter, indicating significant opportunities in the textile sector for both countries. As a result, Cambodia can explore potential opportunities in the Moroccan market by deepening trade ties.

The foreign ministers recently had a discussion to improve bilateral relations. According to a joint statement issued after the meeting in Rabat, the two countries agreed to organise a forum in the near future in an effort to explore business opportunities and urged business communities from both sides to boost trade and investment.

In 2022, Morocco imported apparel worth $510.828 million, with only $5.055 million, or 0.99 per cent, coming from Cambodia, according to Fibre2Fashion’s market insight tool TexPro.

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