Italy-Cambodia Bilateral Trade Analysis 2023
Complete trade statistics: $527.30M total volume •Italy deficit: $276.74M
Italy → Cambodia
$125.28M
Exports (2023)
Cambodia → Italy
$402.02M
Imports (2023)
Trade Balance
$276.74M
Deficit for Italy
Total Trade
$527.30M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Italy and Cambodia. Green line shows exports from Italy, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Italy-Cambodia commercial relationship and competitive positioning in global markets.
Italy → Cambodia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Italy's export portfolio to Cambodia demonstrates strategic specialization, 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) representing a key competitive advantage in this bilateral market.
Cambodia → Italy Imports
Import Dependency Profile
📦 Import Strategy Analysis
Italy's import pattern from Cambodia reveals significant dependencyin jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Italy demonstrates competitive strength in exportingtanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits) to Cambodia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $527.30M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Italy-Cambodia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $527.30 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Italy maintains a deficit of $276.74 million
- Export Focus: Italy's primary exports 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)
- Import Dependencies: Key imports from Cambodia 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
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 $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 Italy leveraging its comparative advantages 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).
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
Italy's specialization 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)complements Cambodia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted.
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 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.
Industrial Integration
Trade flows 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) and jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Italy's trade deficit of $276.74 million 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 Italy and Cambodia represents a total trade volume of $527.30 million in 2023. This partnership demonstrates an unfavorable trade balance for Italy, with imports exceeding exportsby $276.74 million.
Export Strengths
Italy's exports to Cambodia total $125.28 million, with competitive advantages 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), representing $13.67M or10.9% of bilateral exports.
Import Dependencies
Imports from Cambodia amount to $402.02 million, highlighting economic interdependence in jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted, with Jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted comprising13.6% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Italy's strategic sourcing from Cambodia. 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 Italy and Cambodia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023