Cambodia’s apparel exports to Japan continue to rise in the current year, after registering a healthy growth in 2022. The exports increased 8.68 percent to $1.201 bn during the last year. The shipment was recorded at $334.145 mn in the first quarter of the current year. However, the exports of home textiles to Japan halved due to gradual decline in previous years.
The exports eased to $1.043 bn in 2020 from $1.147 bn in 2019 because of disruption from COVID-19. But it bounced back to $1.105 bn in 2021, according to market report. The shipment was noted at $1.065 bn in 2018.
On a quarterly basis, the trade increased to $334.145 mn in Q1, 2023 from $280.554 mn of Q4, 2022 and $303.040 mn of Q1, 2022. It shows that the momentum remained intact during the current year. The shipment was recorded at $380.611 mn of Q3, $237.491 mn of Q2 and $303.040 mn of Q1, 2022. The export was noted at $296.524 mn in Q4, 2021.
But Cambodia’s home textiles exports to Japan have registered constant declining trend in the previous years. Gradually, it halved to just $17.327 mn in 2022 against the shipment of $35.920 mn during 2018. The shipment was recorded at $33.036 mn in 2019, $24.025 mn in 2020 and $22.784 mn in 2021, as per market report. Cambodia exported home textiles worth $4.626 mn during the first quarter of current year 2023.
