Cambodia’s apparel exports to South Korea rise 14% to $191 mn in 2022

South Korea was Cambodia's 14th largest trading partner, with total trade at $780 million. Cambodia's goods export grew by 20.4 per cent in 2022, and imports increased by 6 per cent to $545 million.

Cambodia’s apparel exports to South Korea saw a 14.37 per cent increase, reaching $191.374 million in 2022. The total trade between the two countries was recorded at $780 million, with Cambodia’s goods export accounting for $234 million, demonstrating the dominance of apparel exports in their trade relations.

South Korea ranked as the fourteenth largest trading partner for Cambodia last year, as per local media reports.

Cambodia’s goods export experienced a 20.4 per cent growth in 2022, while imports increased by 6 per cent to $545 million during the same period. Cambodia benefits from preferential tariff treatment on exports based on various agreements, including a Free Trade Agreement (FTA) between the two countries.

In full: https://www.fibre2fashion.com/news/apparel-news/cambodia-s-apparel-exports-to-south-korea-rise-14-to-191-mn-in-2022-286817-newsdetails.htm

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