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S Korea's apparel imports from Cambodia show positive trend in 2023

25 Dec '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • South Korea's apparel imports from Cambodia rose by 12.9 per cent to $183.294 million in the first ten months of 2023, which is 1.79 per cent of its total $10.259 billion imports.
  • In 2022, Cambodia's share was 1.57 per cent of South Korea's $12.189 billion imports.
  • Trousers & shorts led with 30.02 per cent share of the 2023 South Koran apparel imports.
South Korea’s apparel imports from Cambodia have noticed positive trend in the current year. The inbound shipment increased 12.9 per cent to $183.294 million during January-October 2023. However, Cambodia’s share was just 1.79 per cent in South Korea’s total apparel import of $10.259 billion during the period under discussion.

South Korea had imported apparel from Cambodia worth $162.476 million in the corresponding of last year.

According to Fibre2Fashion’s market insight tool TexPro, South Korea’s apparel imports were noted at $191.374 million during the last year 2022, when the trade had witnessed a rise of 14.49 per cent from the shipment of $167.151 million in 2021. Earlier, the inbound shipment was valued at $169.716 million in 2020, $187.650 million in 2019, $173.889 million in 2018 and $142.751 million in 2017.

However, Cambodia’s share was as little as 1.57 per cent of South Korea’s total apparel import of $12.189 billion in 2022, when the Southeast Asian country was the seventh largest apparel supplier for South Korea. Among larger suppliers, China, Vietnam, Italy, Indonesia, Bangladesh and Myanmar had contributed around 80 per cent in south Korea’s total apparel import during 2022.

As per TexPro, trousers & shorts contributed 30.02 per cent in South Korea’s total apparel import from Cambodia during the first ten months of the current year. The import of trousers & shorts was valued at $52.805 million during the period. Among top five garment products, the share of jersey import was 20.34 per cent, T-shirts 16.25 per cent, shirts 6.83 per cent, and innerwear 6.82 per cent of south Korea’s total apparel import in January-October 2023.

Fibre2Fashion News Desk (KUL)


This according to Fibre2Fashion's Market Intelligence Tool - TexPro

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