NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $470MRnk 63 / 142
2023
Flag → Flag
Top Product $54.9MFlavored Water
2023
Flag → Flag
Exports $281MRnk 21 / 172
2023
Flag → Flag
Top Product $80.3MInsulated Wire
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.66Rnk 95 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP$42.3BCURRENT US$
Rnk 99 / 195
2013-2023
Flag
GDP GROWTH114%CURRENT US$
Rnk 10 / 195
2023
Flag
GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC$2,430CURRENT US$
Rnk 150 / 196
2013-2023
Flag
GDP PC GROWTH86.1%CURRENT US$
Rnk 13 / 195

About

South Korea-Cambodia Trade: In 2023, South Korea exported $470M to Cambodia. The main products that South Korea exported to Cambodia were Flavored Water ($54.9M), Low-voltage Protection Equipment ($41.8M), and Light Rubberized Knitted Fabric ($34.4M). Over the past 5 years the exports of South Korea to Cambodia have decreased at an annualized rate of 8.52%, from $734M in 2018 to $470M in 2023.

In 2023, South Korea did not export any services to Cambodia.

Cambodia-South Korea Trade: In 2023, Cambodia exported $281M to South Korea. The main products that Cambodia exported to South Korea were Insulated Wire ($80.3M), Leather Footwear ($37.7M), and Knit Sweaters ($16.4M). Over the past 5 years the exports of Cambodia to South Korea have decreased at an annualized rate of 5.14%,  from $366M in 2018 to $281M in 2023.

In 2023, Cambodia did not export any services to South Korea.

Comparison: In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B). That same year, Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B).

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $55.8M and imported $40.9M from Cambodia, resulting in a positive trade balance of $14.8M. Between December 2023 and December 2024 the exports of South Korea have increased by $7.84M (16.4%) from $47.9M to $55.8M, while imports increased by $4.13M (11.2%) from $36.8M to $40.9M.

Trade In December 2024, the top exports of South Korea to Cambodia were Cars, tractors, trucks & parts thereof. ($17.8M), Electrical machinery and electronics ($6.61M), Raw hides & skin (non-fur) ($6.24M), Beverages, spirits, & vinegar ($5.87M), and Knitted fabrics ($4.96M). In December 2024 the top imports of South Korea from Cambodia were Knitted clothing accesories ($11.4M), Electrical machinery and electronics ($10M), Footwear ($9.26M), Non-knitted clothing accesories ($7.78M), and Rubber & articles thereof ($3.24M).

Growth In December 2024, the increase in South Korea's year-by-year exports to Cambodia was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. ($6.81M or 61.9%), Raw hides & skin (non-fur) ($2.85M or 84.2%), and Aluminum articles ($2.17M or 72.4k%). In December 2024, the increase in South Korea's year-by-year imports  from Cambodia was explained primarily by an increase in product imports  in Electrical machinery and electronics ($4.05M or 68.2%), Non-knitted clothing accesories ($2.44M or 45.6%), and Rubber & articles thereof ($1.24M or 61.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$7.84M(16.4%)
IMPORT GROWTH (December 2023 - December 2024)$4.13M(11.2%)

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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $470M to Cambodia. The main products exported from South Korea to Cambodia were Flavored Water ($54.9M), Low-voltage Protection Equipment ($41.8M), and Light Rubberized Knitted Fabric ($34.4M). During the last 5 years the exports of South Korea to Cambodia have decreased at an annualized rate of 8.52%, from $734M in 2018 to $470M in 2023.

In 2018, Cambodia exported $281M to South Korea. The main products exported from Cambodia to South Korea were Insulated Wire ($80.3M), Leather Footwear ($37.7M), and Knit Sweaters ($16.4M). During the last 5 years the exports of Cambodia to South Korea have decreased at an annualized rate of 5.14%, from $366M in 2023 to $281M in 2018.

Exports from South Korea (Flag) to Cambodia (Flag) (2023)

Exports from Cambodia (Flag) to South Korea (Flag) (2023)

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Cambodia
Top DestinationUnited States$12.2B

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 2023, countries that imported more from South Korea than Cambodia included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Cambodia than South Korea included Vietnam ($1.55B), Mali ($8.62M), and Bangladesh ($7.72M).

Difference in imports from Cambodia (Flag) and South Korea (Flag) (2023)

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 2023, South Korea had a large net trade with Cambodia in the exports of Transportation ($86.6M), Textiles ($85.5M), and Machines ($78.6M).

During 2018, Cambodia had a large net trade with South Korea in the exports of Machines ($88.6M), Textiles ($86.9M), and Footwear and Headwear ($62.4M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms