Cambodia (KHM) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Cambodia-Vietnam Trade: In 2023, Cambodia exported $1.55B to Vietnam. The main products that Cambodia exported to Vietnam were Rice ($468M), Rubber ($414M), and Cassava ($213M). Over the past 5 years the exports of Cambodia to Vietnam have increased at an annualized rate of 7.33%, from $1.09B in 2018 to $1.55B in 2023.

In 2023, Cambodia did not export any services to Vietnam.

Vietnam-Cambodia Trade: In 2023, Vietnam exported $3.61B to Cambodia. The main products that Vietnam exported to Cambodia were Refined Petroleum ($672M), Light Rubberized Knitted Fabric ($639M), and Petroleum Gas ($122M). Over the past 5 years the exports of Vietnam to Cambodia have increased at an annualized rate of 0.14%, from $3.59B in 2018 to $3.61B in 2023.

In 2023, Vietnam did not export any services to Cambodia.

Comparison: In 2023, Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cambodia exported $1.55B to Vietnam. The main products exported from Cambodia to Vietnam were Rice ($468M), Rubber ($414M), and Cassava ($213M). During the last 5 years the exports of Cambodia to Vietnam have increased at an annualized rate of 7.33%, from $1.09B in 2018 to $1.55B in 2023.

In 2018, Vietnam exported $3.61B to Cambodia. The main products exported from Vietnam to Cambodia were Refined Petroleum ($672M), Light Rubberized Knitted Fabric ($639M), and Petroleum Gas ($122M). During the last 5 years the exports of Vietnam to Cambodia have increased at an annualized rate of 0.14%, from $3.59B in 2023 to $3.61B in 2018.

Exports from Cambodia () to Vietnam () (2023)

Exports from Vietnam () to Cambodia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cambodia
Top DestinationUnited States$12.2B

Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Cambodia than Vietnam included South Korea ($281M), Mali ($8.62M), and Bangladesh ($7.72M).

In 2023, countries that imported more from Vietnam than Cambodia included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam () and Cambodia () (2023)

Comparative Advantage Cambodia - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cambodia had a large net trade with Vietnam in the exports of Vegetable Products ($752M), Plastics and Rubbers ($416M), and Mineral Products ($124M).

During 2018, Vietnam had a large net trade with Cambodia in the exports of Textiles ($933M), Mineral Products ($867M), and Metals ($388M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cambodia Vietnam+$64MSemiconductor Devices

Top Product Potential Vietnam Cambodia+$49.6MTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cambodia () to Vietnam () (2023)

Exports from Vietnam () to Cambodia () (2023)

Market Competitiveness

Difference in imports from Vietnam () and Cambodia () (2023)

Comparative Advantage Cambodia - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cambodia () and Vietnam () (2023)

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