Cambodia and Thailand recently pledged to achieve a bilateral trade volume of $15 billion by 2025. Cambodia exports apparel and imports fabric from Thailand. However, trade data shows that bilateral trade remained volatile after the disruption caused by COVID-19 in 2020. Cambodia’s apparel exports to Thailand were valued at $57.604 million in 2022, while its fabric imports from the country reached $157.030 million last year.
Cambodia’s apparel exports to Thailand stood at $57.604 million during 2022, a 40.48 per cent increase from the $41.010 million in 2021. Exports dropped to $73.986 million in 2020 from $95.806 million in 2019 before further declining to $41.010 million in 2021. The trade was recorded at $89.081 million during 2018. Cambodia’s apparel imports from Thailand were recorded at $11.567 million during 2022, according to Fibre2Fashion’s market insight tool TexPro.