Rep. of Korea-Cambodia Bilateral Trade Analysis 2023
Complete trade statistics: $751.10M total volume •Rep. of Korea surplus: $189.07M
Rep. of Korea → Cambodia
$470.09M
Exports (2023)
Cambodia → Rep. of Korea
$281.01M
Imports (2023)
Trade Balance
$189.07M
Surplus for Rep. of Korea
Total Trade
$751.10M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Rep. of Korea and Cambodia. Green line shows exports from Rep. of Korea, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Rep. of Korea-Cambodia commercial relationship and competitive positioning in global markets.
Rep. of Korea → Cambodia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Rep. of Korea's export portfolio to Cambodia demonstrates strategic specialization, with waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured representing a key competitive advantage in this bilateral market.
Cambodia → Rep. of Korea Imports
Import Dependency Profile
📦 Import Strategy Analysis
Rep. of Korea's import pattern from Cambodia reveals significant dependencyin insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Rep. of Korea demonstrates competitive strength in exportingwaters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured to Cambodia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $751.10M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Rep. of Korea-Cambodia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $751.10 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Rep. of Korea maintains a surplus of $189.07 million
- Export Focus: Rep. of Korea's primary exports include waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured, electrical apparatus: n.e.c. in heading no. 8536, for switching or protecting electrical circuits, for a voltage not exceeding 1000 volts, vehicles: public transport type (carries 10 or more persons, including driver), with only compression-ignition internal combustion piston engine (diesel or semi-diesel), new or used
- Import Dependencies: Key imports from Cambodia include insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships, footwear: with metal toe-cap, outer soles of rubber, plastics, leather or composition leather, uppers of leather, insulated electric conductors: for a voltage not exceeding 1000 volts, not fitted with connectors
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 $751.10M 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 Rep. of Korea leveraging its comparative advantages in waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured.
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
Rep. of Korea's specialization in waters: including mineral and aerated, containing added sugar or other sweetening matter or flavouredcomplements Cambodia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $751.10M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $751.10M 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 $751.10 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured and insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Rep. of Korea's trade surplus of $189.07 million strengthens 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 Rep. of Korea and Cambodia represents a total trade volume of $751.10 million in 2023. This partnership demonstrates a favorable trade balance for Rep. of Korea, with exports exceeding importsby $189.07 million.
Export Strengths
Rep. of Korea's exports to Cambodia total $470.09 million, with competitive advantages in waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured, representing $52.86M or11.2% of bilateral exports.
Import Dependencies
Imports from Cambodia amount to $281.01 million, highlighting economic interdependence in insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships, with Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships comprising18.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Rep. of Korea'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
Access detailed trade data between Rep. of Korea and Cambodia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023