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.