Flag Cambodia

Econ Complexity (2018): -1.2, Rank 119 of 137

Product Exports (2018): $19.6B, Rank 75 of 222

Exports Per Capita (2018): $1.2k, Rank 84 of 219

Product Imports (2018): $24B, Rank 71 of 221

Imports Per Capita (2018): $1.48k, Rank 85 of 219

Service Exports (2018): $7.86B, Rank 33 of 88

Service Imports (2018): $2.88B, Rank 53 of 88

GDP (2018): $24.5B, CURRENT US$
Rank 109 of 196

GDP growth (2008 - 2018): 137%, CURRENT US$
Rank 14 of 196

GDP PC (2018): $1,510, CURRENT US$
Rank 162 of 196

GDP PC GROWTH (2008 - 2018): 103%, CURRENT US$
Rank 14 of 196

Overview: In 2018 Cambodia was the number 109 economy in the world in terms of GDP (current US$), the number 75 in total exports, the number 71 in total imports, and the number 119 most complex economy according to the Economic Complexity Index (ECI). In 2018, Cambodia exported $19.6B and imported $24B, resulting in a negative trade balance of -$4.44B. In 2018, Cambodia's exports per capita were $1.2k and its imports per capita were $1.48k.

Trade: The top exports of Cambodia are Knit Sweaters ($2.44B), Knit Women's Suits ($1.75B), Non-Knit Women's Suits ($1.56B), Knit T-shirts ($1.25B), and Non-Knit Men's Suits ($956M). The top imports of Cambodia are Gold ($5.7B), Light Rubberized Knitted Fabric ($1.96B), Refined Petroleum ($1.96B), Cars ($629M), and Flavored Water ($507M).

Destinations: Cambodia exports mostly to United States ($3.77B), Germany ($2.01B), Japan ($1.59B), China ($1.35B), and United Kingdom ($1.26B), and imports mostly from Thailand ($7.62B), China ($6.02B), Singapore ($4.77B), Hong Kong ($961M), and Chinese Taipei ($698M).

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

Product Exports

#permalink to section
Depth
Value

Top Export (2018): Knit Sweaters, $2.44B

Top Destination (2018): United States, $3.77B

In 2018 Cambodia exported a total of $19.6B, making it the number 75 exporter in the world. During the last five reported years the exports of Cambodia have changed by $5.77B from $13.8B in 2013 to $19.6B in 2018.

The most recent exports are led by Knit Sweaters ($2.44B), Knit Women's Suits ($1.75B), Non-Knit Women's Suits ($1.56B), Knit T-shirts ($1.25B), and Non-Knit Men's Suits ($956M). The most common destination for the exports of Cambodia are United States ($3.77B), Germany ($2.01B), Japan ($1.59B), China ($1.35B), and United Kingdom ($1.26B).

Explore Visualizations

Product Imports

#permalink to section
Depth
Value

Top Import (2018): Gold, $5.7B

Top Origin (2018): Thailand, $7.62B

In 2018 Cambodia imported $24B, making it the number 71 trade destination in the world. During the last five reported years the imports of Cambodia changed by $8.52B from $15.5B in 2013 to $24B in 2018.

The most recent imports of Cambodia are led by Gold ($5.7B), Light Rubberized Knitted Fabric ($1.96B), Refined Petroleum ($1.96B), Cars ($629M), and Flavored Water ($507M). The most common import partners for Cambodia are Thailand ($7.62B), China ($6.02B), Singapore ($4.77B), Hong Kong ($961M), and Chinese Taipei ($698M).

Explore Visualizations

Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Cambodia Exports Services (2018): $7.86B

Cambodia Imports Services (2018): $2.88B

In 2018, Cambodia exported $7.86B worth of services. The top services exported by Cambodia in 2018 were Personal travel ($3.42B), Merchanting and other trade-related services ($2.41B), Business travel ($941M), Air transport ($605M), and Government services, n.i.e. ($202M).

The top services imported by Cambodia in 2018 were Sea transport ($1.14B), Personal travel ($788M), Air transport ($323M), Construction in the compiling economy ($156M), and Miscellaneous business, professional, and technical services ($128M).

Trade Forecasts

#permalink to section

This section shows forecasts for total product exports and imports for Cambodia. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Tariffs by Product

#permalink to section

The top product import tariffs by their MFN Ad Valorem value for Cambodia are Acrylic & vinyl polymer based paint, varnish, in wate (35%) and Agarbatti, odorifers operated by burning (35%).

Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

Explore Tariff Data

*The tariffs applied to imports for Cambodia are:
136: Most Favoured Nation duty rate treatement

Economic Complexity

#permalink to section

Economic Complexity Ranking

#permalink to section
Scale

During the last 18 years Cambodia's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨98th to the 119th⁩ 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.

Explore Rankings

Most Specialized Products by RCA Index

#permalink to section

Cambodia has a high level of specialization in Tanned Furskins (178), Cassava (87.4), Knit Men's Coats (69.4), Knit Women's Coats (65.7), and Knit Babies' Garments (58.6). 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

#permalink to section

The highest complexity exports of Cambodia according to the product complexity index (PCI) are Weighing machinery except balances sensitivity > 50 mg (1.16), Liquid crystal devices, lasers, optical appliances nes (0.96), Electric motors and generators, except generating sets (0.84), Scent, toilet sprays, puffs and pads for cosmetics (0.83), and Articles of aluminium nes (0.77). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

#permalink to section

The top export opportunities for Cambodia according to the relatedness index, are N/A. Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Cambodia is not specialized in.

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 it is currently specialized in.

Diversification Frontier

#permalink to section
Depth
Filter

The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a 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 emissions.