Vietnam's textiles exports to Cambodia are projected to see consistent growth from 2024 to 2028. In 2024, the forecasted export value is USD 755.8 million, increasing to USD 900.18 million by 2028. This steady upward trend suggests solid demand and positive trade relations.
Year-on-year, the export values are expected to rise by approximately 4.92% from 2024 to 2025, 4.60% from 2025 to 2026, 4.30% from 2026 to 2027, and 4.05% from 2027 to 2028. These percentages reflect a stable increase in the export market.
Looking back, in 2023 the recorded value stood at USD 719.58 million. Over the five-year forecast period (2024-2028), the Compound Annual Growth Rate (CAGR) is estimated at around 4.5%.
Future trends to watch for include shifts in global trade policies that could impact tariffs, the potential influence of technological advancements in textile production, and any changes in consumer demand within Cambodia that could alter import needs. Environmental and sustainability initiatives might also play a role in shaping future export dynamics.
