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2022
Flag → Flag
Exports $639MRnk 61 / 220
2022
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Top Product $73.7MFlavored Water
2022
Flag → Flag
Exports $271MRnk 16 / 168
2022
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Top Product $81.9MInsulated Wire
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI -0.6Rnk 92 / 133
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$30BCURRENT US$
Rnk 103 / 186
2012-2022
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GDP GROWTH113%CURRENT US$
Rnk 10 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$1,787CURRENT US$
Rnk 150 / 186
2012-2022
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GDP PC GROWTH88%CURRENT US$
Rnk 12 / 186

About

South Korea-Cambodia Trade: In 2022, South Korea exported $639M to Cambodia. The main products that South Korea exported to Cambodia were Flavored Water ($73.7M), Light Rubberized Knitted Fabric ($58.1M), and Tanned Equine and Bovine Hides ($53.1M). Over the past 5 years the exports of South Korea to Cambodia have increased at an annualized rate of 65.2%, from $51.9M in 2017 to $639M in 2022.

In 2022, South Korea did not export any services to Cambodia.

Cambodia-South Korea Trade: In 2022, Cambodia exported $271M to South Korea. The main products that Cambodia exported to South Korea were Insulated Wire ($81.9M), Leather Footwear ($37.6M), and Knit Sweaters ($32.3M). Over the past 5 years the exports of Cambodia to South Korea have increased at an annualized rate of 167%,  from $2M in 2017 to $271M in 2022.

In 2022, Cambodia did not export any services to South Korea.

Comparison: In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Cambodia ranked 92 in the Economic Complexity Index (ECI -0.6), and 69 in total exports ($35.9B).

Latest Trends

May, 2024

About

Overview In May 2024, South Korea exported $56.5M and imported $38.2M from Cambodia, resulting in a positive trade balance of $18.3M. Between May 2023 and May 2024 the exports of South Korea have decreased by $-5.24M (-8.49%) from $61.7M to $56.5M, while imports increased by $3.93M (11.5%) from $34.3M to $38.2M.

Trade In May 2024, the top exports of South Korea to Cambodia were Cars, tractors, trucks & parts thereof. ($11M), Electrical machinery and electronics ($5.7M), Knitted fabrics ($4.53M), Beverages, spirits, & vinegar ($4.36M), and Raw hides & skin (non-fur) ($3.39M). In May 2024 the top imports of South Korea from Cambodia were Knitted clothing accesories ($15.4M), Footwear ($10M), Electrical machinery and electronics ($5.94M), Non-knitted clothing accesories ($5.35M), and Rubber & articles thereof ($2.01M).

Growth In May 2024, the decrease in South Korea's year-by-year exports to Cambodia was explained primarily by an decrease in product exports in Mineral fuels, mineral oils and products... ($-24.4M or -99.4%), Knitted fabrics ($-4.1M or -47.5%), and Beverages, spirits, & vinegar ($-2.62M or -37.5%). In May 2024, the increase in South Korea's year-by-year imports  from Cambodia was explained primarily by an increase in product imports  in Footwear ($6.12M or 156%), Electrical machinery and electronics ($2.53M or 74.1%), and Knitted clothing accesories ($1.84M or 13.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (May 2023 - May 2024)$-5.24M(-8.49%)
IMPORT GROWTH (May 2023 - May 2024)$3.93M(11.5%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Cambodia and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cambodia and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $639M to Cambodia. The main products exported from South Korea to Cambodia were Flavored Water ($73.7M), Light Rubberized Knitted Fabric ($58.1M), and Tanned Equine and Bovine Hides ($53.1M). During the last 5 years the exports of South Korea to Cambodia have increased at an annualized rate of 65.2%, from $51.9M in 2017 to $639M in 2022.

In 2017, Cambodia exported $271M to South Korea. The main products exported from Cambodia to South Korea were Insulated Wire ($81.9M), Leather Footwear ($37.6M), and Knit Sweaters ($32.3M). During the last 20 years the exports of Cambodia to South Korea have increased at an annualized rate of 167%, from $2M in 1997 to $271M in 2017.

Exports from South Korea (Flag) to Cambodia (Flag) (2022)

Exports from Cambodia (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Cambodia
Top DestinationUnited States$13B

This map shows whether countries import more from South Korea or Cambodia. Each country is colored based on the difference in imports they receive from South Korea and Cambodia or the difference in the growth in imports.

In 2022, countries that imported more from South Korea than Cambodia included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, countries that imported more from Cambodia than South Korea included Gabon ($17.1M).

Difference in imports from Cambodia (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Cambodia

Flow
Scale

This chart compares trade between South Korea and Cambodia by product, considering products traded by both, South Korea and Cambodia.

During 2022, South Korea had a large net trade with Cambodia in the exports of Textiles ($151M), Foodstuffs ($107M), and Transportation ($103M).

During 2017, Cambodia had a large net trade with South Korea in the exports of Textiles ($176M), Machines ($90.5M), and Footwear and Headwear ($75.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Cambodia+$36.7MRefined Petroleum
Top Product Potential Cambodia South Korea+$34.3MKnit Sweaters

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and Cambodia. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Cambodia. Similarly, a dot/product with the flag of Cambodia indicates it has a comparative advantage over South Korea.

Product Space of South Korea (Flag) and Cambodia (Flag) (2022)

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