Cambodia-Viet Nam Bilateral Trade Analysis 2023
Complete trade statistics: $5.16B total volume •Cambodia deficit: $2.06B
Cambodia → Viet Nam
$1.55B
Exports (2023)
Viet Nam → Cambodia
$3.61B
Imports (2023)
Trade Balance
$2.06B
Deficit for Cambodia
Total Trade
$5.16B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Cambodia and Viet Nam. 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-Viet Nam commercial relationship and competitive positioning in global markets.
Cambodia → Viet Nam Exports
Export Market Intelligence
🎯 Strategic Export Focus
Cambodia's export portfolio to Viet Nam demonstrates strategic specialization, with cereals: rice in the husk (paddy or rough) representing a key competitive advantage in this bilateral market.
Viet Nam → Cambodia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Cambodia's import pattern from Viet Nam reveals significant dependencyin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Cambodia demonstrates competitive strength in exportingcereals: rice in the husk (paddy or rough) to Viet Nam, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $5.16B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Cambodia-Viet Nam Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $5.16 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Cambodia maintains a deficit of $2.06 billion
- Export Focus: Cambodia's primary exports include cereals: rice in the husk (paddy or rough), rubber: natural (excluding latex, technically specified natural rubber and smoked sheets), in primary forms or in plates, sheets or strip, vegetable roots and tubers: manioc (cassava), with high starch or inulin content, fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets
- Import Dependencies: Key imports from Viet Nam include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, fabrics: knitted or crocheted, other than those of heading 60.01, of a width exceeding 30 cm, containing by weight 5% or more of elastomeric yarn or rubber thread,, fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04,and other than those made of wool, fine animal hair, cotton, synthetic or artificial fibres
Strategic Trade Indicators
📈 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 $5.16B 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 cereals: rice in the husk (paddy or rough).
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
Comparative Advantage
Cambodia's specialization in cereals: rice in the husk (paddy or rough)complements Viet Nam's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $5.16B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $5.16B 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 $5.16 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in cereals: rice in the husk (paddy or rough) and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Cambodia's trade deficit of $2.06 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯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 Viet Nam represents a total trade volume of $5.16 billion in 2023. This partnership demonstrates an unfavorable trade balance for Cambodia, with imports exceeding exportsby $2.06 billion.
Export Strengths
Cambodia's exports to Viet Nam total $1.55 billion, with competitive advantages in cereals: rice in the husk (paddy or rough), representing $467.93M or30.2% of bilateral exports.
Import Dependencies
Imports from Viet Nam amount to $3.61 billion, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising18.6% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Cambodia's strategic sourcing from Viet Nam. 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
Access detailed trade data between Cambodia and Viet Nam in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023