Cambodia-Italy Bilateral Trade Analysis 2023

Complete trade statistics: $527.30M total volume •Cambodia surplus: $276.74M

CambodiaItaly

$402.02M

Exports (2023)

ItalyCambodia

$125.28M

Imports (2023)

Trade Balance

$276.74M

Surplus for Cambodia

Total Trade

$527.30M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Cambodia and Italy. Green line shows exports from Cambodia, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Cambodia-Italy commercial relationship and competitive positioning in global markets.

CambodiaItaly Exports

$402.02M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
13.6% top product
1Jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted
$54.87M
13.6% of exports
2Trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton, knitted or crocheted
$25.50M
6.3% of exports
3Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of sheeting of plastics or of textile materials
$23.17M
5.8% of exports
4Jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted
$20.42M
5.1% of exports
5Footwear: (other than sportswear), with outer soles of rubber or plastics and uppers of textile materials
$14.96M
3.7% of exports

🎯 Strategic Export Focus

Cambodia's export portfolio to Italy demonstrates strategic specialization, with jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted representing a key competitive advantage in this bilateral market.

ItalyCambodia Imports

$125.28M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
10.9% concentration
1Tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits)
$13.67M
10.9% of imports
2Leather: further prepared after tanning or crusting, including parchment-dressed, of bovine (including buffalo) or equine animals, without hair on, other than leather of heading 41.14, not whole hides and skins, but including sides, grain splits
$11.11M
8.9% of imports
3Leather: further prepared after tanning or crusting, incl. parchment-dressed, of bovine (including buffalo) or equine animals, no hair, excluding leather of heading 41.14, and whole hides and skins, and sides, (full grains, unsplit and grain splits)
$6.27M
5.0% of imports
4Furniture: wooden, other than for office, kitchen or bedroom use
$3.98M
3.2% of imports
5Fabrics: knitted or crocheted fabrics of a width exceeding 30 cm, other than those of heading 60.01, containing by weight 5% or more of elastomeric yarn but not containing rubber thread
$3.77M
3.0% of imports

📦 Import Strategy Analysis

Cambodia's import pattern from Italy reveals significant dependencyin tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Cambodia demonstrates competitive strength in exportingjerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted to Italy, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $527.30M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Cambodia-Italy Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $527.30 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Cambodia maintains a surplus of $276.74 million
  • Export Focus: Cambodia's primary exports include jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted, trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton, knitted or crocheted, cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of sheeting of plastics or of textile materials
  • Import Dependencies: Key imports from Italy include tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits), leather: further prepared after tanning or crusting, including parchment-dressed, of bovine (including buffalo) or equine animals, without hair on, other than leather of heading 41.14, not whole hides and skins, but including sides, grain splits, leather: further prepared after tanning or crusting, incl. parchment-dressed, of bovine (including buffalo) or equine animals, no hair, excluding leather of heading 41.14, and whole hides and skins, and sides, (full grains, unsplit and grain splits)

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $527.30M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Cambodia leveraging its comparative advantages in jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Cambodia's specialization in jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crochetedcomplements Italy's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits).

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $527.30M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $527.30M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $527.30 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted and tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Cambodia's trade surplus of $276.74 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton, knitted or crocheted present expansion opportunities.
Market Diversification
Beyond current focus on tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits), new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Cambodia and Italy represents a total trade volume of $527.30 million in 2023. This partnership demonstrates a favorable trade balance for Cambodia, with exports exceeding importsby $276.74 million.

Export Strengths

Cambodia's exports to Italy total $402.02 million, with competitive advantages in jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted, representing $54.87M or13.6% of bilateral exports.

Import Dependencies

Imports from Italy amount to $125.28 million, highlighting economic interdependence in tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits), with Tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits) comprising10.9% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Cambodia's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023