Cambodian apparel exports to US fall 50.32% YoY in Jan-Apr 2023

22 Jun '23

2 min read

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Insights

Cambodia's apparel exports to the US in the first 4 months of 2023 were $643.886 million, representing a 50.32 per cent drop from the same period in 2022.
Trousers and shorts were the leading export items, accounting for 31.39 per cent of total garment exports.
Despite the decline, US remains the primary market for Cambodian exports, particularly textiles.

The US remains the biggest market for Cambodian exports, particularly for textiles and garments. However, the country's apparel exports saw a significant decrease in the first four months of 2023. These exports to the US amounted to $643.886 million, comprising 26.50 per cent of Cambodia's total exports of $2,807.546 million during this period. This figure, however, marks a 50.32 per cent decline from the corresponding period in 2022.

In the first four months of 2022, Cambodia exported garments worth $1,497.387 million. The respective figures for January-April 2021, 2020, and 2019 were $1,097.180 million, $977.303 million, and $819.210 million, as per Fibre2Fashion's market insight tool TexPro.

In 2022, Cambodia's total garment exports amounted to $4.438 billion, contributing 34.37 per cent to the country's overall exports of $12.910 billion.

A product breakdown for the first four months of 2023 reveals that trousers and shorts were the most exported garments to the US, earning Cambodia $230.292 million and making up 31.39 per cent of total garment exports.

Jerseys brought in $122.014 million (16.63 per cent), followed by shirts at $67.086 million (9.14 per cent), baby wear at $47.581 million (6.48 per cent), T-shirts at $43.340 million (5.91 per cent), nightwear at $33.623 million (4.58 per cent), and dresses at $31.846 million (4.34 per cent), according to data obtained from TexPro.

Fibre2Fashion News Desk (KUL)

More Apparel/Garments News - Cambodia...

This according to Fibre2Fashion's Market Intelligence Tool - TexPro