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2022
Economic Complexity
Trade -0.6Rank 92 of 133
2022
Economic Complexity
Research -0.54Rank 89 of 135
2022
Product
Exports | Imports $35.9B | $45.2B69 of 226 |  63 of 226
2022
Per Capita Product
Exports | Imports $2.14k | $2.69k88 of 220 |  131 of 220

About

Overview In 2022, Cambodia was the number 103 economy in the world in terms of GDP (current US$), the number 69 in total exports, the number 63 in total imports, the number 150 economy in terms of GDP per capita (current US$) and the number 92 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Cambodia are Knit Sweaters ($3.09B), Trunks and Cases ($3.01B), Knit Women's Suits ($2.07B), Non-Knit Women's Suits ($1.86B), and Cassava ($1.3B), exporting mostly to N/A.

Imports The top imports of Cambodia are Gold ($10.3B), Refined Petroleum ($3.46B), Light Rubberized Knitted Fabric ($2.52B), Cars ($836M), and Semiconductor Devices ($742M), importing mostly from N/A.

In 2022, Cambodia was the world's biggest importer of Leather Sheets ($18.4M)

Location Cambodia borders Laos, Thailand, and Vietnam by land.

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Cambodia.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

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Exports (2022)
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Destinations (2022)
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Market Growth

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Growth
Fastest Growing Export Markets (2021 - 2022)
United States$3.4B (+ 35.4%)
Vietnam$1.8B (+ 96.9%)
United Kingdom$592M (+ 71.1%)
Fastest Growing Import Markets (2021 - 2022)
China$2.57B (+ 23.1%)
Thailand$1.62B (+ 23.2%)
Switzerland$1.31B (+ 990%)

Total Export Growth by Market (2021 - 2022)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Cambodia Exports Services (2019)$6.09B
Cambodia Imports Services (2019)$3.27B

In 2019, Cambodia exported $6.09B worth of services. The top services exported by Cambodia in 2019 were Personal travel ($3.42B), Business travel ($1.35B), Transportation ($786M), Government services, n.i.e. ($232M), and Other business services ($117M).

The top services imported by Cambodia in 2019 were Transportation ($1.68B), Personal travel ($825M), Insurance services ($167M), Construction services ($166M), and Computer and information services ($141M).

Service Exports (2019)

Service Imports (2019)

Economic Complexity

Overview

Economic Complexity (Trade)-0.6Rank 92 of 133
Economic Complexity (Research)-0.54Rank 89 of 135

Most Specialized Products by RCA Index

Cambodia has a high level of specialization in Cassava (189), Tanned Furskins (120), Coconuts, Brazil Nuts, and Cashews (62.2), Sugar Preserved Foods (59.8), and Garments of Impregnated Fabric (53.9). Specialization is measured using RCA, an index that takes the ratio between Cambodia observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Cambodia according to the product complexity index (PCI) are Diodes, transistors, similar semiconductor devices; including photovoltaic cells assembled or not in... (0.81), Electric motors and generators (excluding generating sets) (0.81), Compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip (0.79), Watch cases and parts thereof (0.67), and Oxygen-function amino-compounds (0.65). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Cambodia according to the relatedness index, were Crustaceans (0.17), Perfume Plants (0.17), Jute and Other Textile Fibers (0.16), Tea (0.16), and Wood Charcoal (0.16). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Cambodia is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Cambodia. These are products that tend to be co-exported with the products that Cambodia exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Cambodia's⁩ ⁨economy has become relatively more complex, moving from the ⁩⁨101st to the 92nd⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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ECI (Trade) Ranking by Country

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