Cambodia’s apparel exports to Japan have continued to grow for the second consecutive year in 2022, despite a dip in shipments in 2020 due to the COVID-19 pandemic. In 2022, the shipment increased to $1,201.698 million after a recovery in 2021. Notably, the exports recorded a remarkable increase in the third quarter (July-September) of last year.
The exports increased from $842.179 million in 2017 to $1,065.331 million in 2018, and further to $1,147.483 million in 2019 before slipping to $1,043.171 million in 2020. Cambodia managed to recover positively in 2021, and the shipment increased to $1,105.338 million, according to Fibre2Fashion’s market insight tool TexPro.
Quarterly trade data shows an interesting aspect of the shipment, as it grew more than 60 per cent in the July-September 2022 period compared to the previous quarter. The trade increased to $380.611 million in the quarter from $237.491 million in Q2 2022. The shipment slipped to $280.554 million in the fourth quarter of last year. Cambodia had exported garments worth $303.040 million in Q1 2022, $296.524 million in Q4 2021, and $325.256 million in Q3 2021.