Cambodia2021 Economic Complexity Trade : -0.64, Rank 92 of 131
false: false, Rank false of 96
2021 Economic Complexity Research : -0.91, Rank 116 of 140
2021 Product Exports | Imports: $27.3B | $41.6B, 69 of 226 | 61 of 226
2021 Per Capita Product Exports | Imports: $1.61k | $2.46k, 102 of 219 | 115 of 219
Overview In 2021, Cambodia was the number 101 economy in the world in terms of GDP (current US$), the number 69 in total exports, the number 61 in total imports, the number 149 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 ($2.47B), Trunks and Cases ($2.04B), Knit Women's Suits ($1.84B), Non-Knit Women's Suits ($1.52B), and Leather Footwear ($933M), exporting mostly to United States ($9.59B), China ($1.94B), Germany ($1.89B), Vietnam ($1.88B), and Japan ($1.74B).
In 2021, Cambodia was the world's biggest exporter of Tanned Furskins ($471M)
Imports The top imports of Cambodia are Gold ($10.9B), Refined Petroleum ($2.71B), Light Rubberized Knitted Fabric ($2.66B), Bi-Wheel Vehicle Parts ($611M), and Cars ($578M), importing mostly from China ($11.3B), Singapore ($11.2B), Thailand ($6.69B), Vietnam ($4.91B), and Hong Kong ($955M).
In 2021, Cambodia was the world's biggest importer of Raw Furskins ($377M), Military Weapons ($139M), and Leather Sheets ($80.4M)
Location Cambodia borders Laos, Thailand, and Vietnam by land.
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.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
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.
Top Export (2021): Knit Sweaters, $2.47B
Top Destination (2021): United States, $9.59B
In 2021, Cambodia exported a total of $27.3B, making it the number 69 exporter in the world. During the last five reported years the exports of Cambodia have changed by $7.7B from $19.6B in 2016 to $27.3B in 2021.
The most recent exports are led by Knit Sweaters ($2.47B), Trunks and Cases ($2.04B), Knit Women's Suits ($1.84B), Non-Knit Women's Suits ($1.52B), and Leather Footwear ($933M). The most common destination for the exports of Cambodia are United States ($9.59B), China ($1.94B), Germany ($1.89B), Vietnam ($1.88B), and Japan ($1.74B).
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).
Cambodia has a high level of specialization in Tanned Furskins (242), Cassava (143), Gum Coated Textile Fabric (62.9), Other Animals (60.3), and Garments of Impregnated Fabric (59.2). Specialization is measured using RCA, an index that takes the ratio between Cambodia observed and expected exports in each product.
The highest complexity exports of Cambodia according to the product complexity index (PCI) are Sulphonamides (1.26), Floor coverings of plastics, self-adhesive or not, in rolls or tiles; wall or ceiling coverings of plastics, in rolls of a width not less than 45cm (1.07), Electro-mechanical domestic appliances; with self-contained electric motor, other than vacuum cleaners of heading 85.08. (0.97), Diodes, transistors, similar semiconductor devices; including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED), mounted piezo-electric crystals (0.91), and Electric motors and generators (excluding generating sets) (0.75). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Cambodia according to the relatedness index, were Jute Woven Fabric (0.19), Nutmeg, mace and cardamons (0.18), Plaiting Products (0.18), Bedspreads (0.18), and Crustaceans (0.17). 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 a country currently specializes in.
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.
During the last 20 years Cambodia's economy has become relatively less complex, moving from the nullth 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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