Home breadcru News breadcru Import/Exports breadcru Cambodia's apparel exports to Australia surge 17.1% in H1 2023

Cambodia's apparel exports to Australia surge 17.1% in H1 2023

09 Oct '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cambodia's apparel exports to Australia rose by 17.11 per cent, totalling $76.341 million, in H1 2023.
  • Despite this, Australia remains a minor market, accounting for just 1.53 per cent of Cambodia's total exports.
  • Overall merchandise exports to Australia actually fell by 6 per cent, while imports declined by 13.8 per cent between January and August 2023.
Cambodia's apparel exports to Australia rose by 17.11 per cent, amounting to $76.341 million in the first half of 2023. Despite this increase, Australia accounted for only 1.53 per cent of Cambodia's total exports of $4.822 billion during the same period. Australia now ranks 13th among Cambodia's largest apparel markets. 

According to recent market reports, Cambodia's overall merchandise exports to Australia declined by 6 per cent, while imports dropped by 13.8 per cent between January and August 2023. 

The 17.11 per cent increase in apparel exports to Australia during January-June 2023 rose from $65.187 million during the same period last year, as per Fibre2Fashion's market insight tool TexPro. 

In 2022, Cambodia exported apparel worth $140.926 million to Australia, constituting 1.09 per cent of its total apparel exports of $12.910 billion. Australia was ranked 14th among Cambodia's largest apparel markets last year. Historical data show exports at $112.846 million in 2021, $96.221 million in 2020, and $116.376 million in 2019. 

TexPro data also showed that trousers and shorts were the most exported apparel items from Cambodia to Australia during the first half of this year, making up 26.38 per cent of the total apparel exports. Other top products included jerseys at 22.34 per cent, T-shirts at 9.91 per cent, innerwear at 8.75 per cent, and shirts at 7.30 per cent. 

ALCHEMPro News Desk (KUL)

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