The US remains the biggest market for Cambodian exports, particularly for textiles and garments. However, the country’s apparel exports saw a significant decrease in the first four months of 2023. These exports to the US amounted to $643.886 million, comprising 26.50 per cent of Cambodia’s total exports of $2,807.546 million during this period. This figure, however, marks a 50.32 per cent decline from the corresponding period in 2022.
Related: Weak U.S. demand hits Southeast Asia’s garment exporters
In the first four months of 2022, Cambodia exported garments worth $1,497.387 million. The respective figures for January-April 2021, 2020, and 2019 were $1,097.180 million, $977.303 million, and $819.210 million, as per Fibre2Fashion’s market insight tool TexPro.
In 2022, Cambodia’s total garment exports amounted to $4.438 billion, contributing 34.37 per cent to the country’s overall exports of $12.910 billion.
