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Your exposure · Country · Asia-Pacific

Cambodia

Canada took 4.01% of Cambodia's exports in 2023, the Medium band. Clothing made up C$1.86bn of Canada's C$3.01bn of imports from Cambodia in 2025, so a Canadian slowdown is the main channel. Approved reading

This page answers: Which questions do our briefs address about Cambodia?

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  • Region Asia-Pacific · Southeast Asia
  • Readings updated
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Your exposure

Cambodia in our readings

Cambodia is in 1 of our country readings.

  • US tariffs and Canada Medium

Each band as published in its reading, against that reading’s stated lines; the readings are never combined into one band.

Outlook to October 2027

  • Geopolitics and conflict Not yet set
  • Trade, tariffs and sanctions Not yet set
  • Supply chains and chokepoints Not yet set
  • Energy and resources Not yet set
  • Technology and cyber Not yet set
  • Regulation and compliance Not yet set
  • Finance and markets Not yet set
The seven outlooks in full: why, and the index

Seven categories, 12 months ahead. The outlook is our judgement, approved by the Principal. The index measures open data on 0–10; higher means more risk. How they are set

  • Geopolitics and conflict

    Outlook

    Not yet set

    Index

    5.7 /10range 4.8–6.6 partial

    First published October 2026: no earlier range to compare, so no arrow.

    Data: European Commission Joint Research Centre (INFORM), INFORM Risk; Natural Earth; Strature, forecast register; Uppsala Conflict Data Program, UCDP battle deaths; Uppsala Conflict Data Program, UCDP event data; World Bank, Worldwide Governance Indicators

  • Trade, tariffs and sanctions

    Outlook

    Not yet set

    Index

    Not enough open data for an index score.

  • Supply chains and chokepoints

    Outlook

    Not yet set

    Index

    Not enough open data for an index score.

  • Energy and resources

    Outlook

    Not yet set

    Index

    Not enough open data for an index score.

  • Technology and cyber

    Outlook

    Not yet set

    Index

    Not enough open data for an index score.

  • Regulation and compliance

    Outlook

    Not yet set

    Index

    6.3 /10range 5.2–7.4 partial

    First published October 2026: no earlier range to compare, so no arrow.

    Data: World Bank, Worldwide Governance Indicators

  • Finance and markets

    Outlook

    Not yet set

    Index

    Not enough open data for an index score.

Compare Cambodia on the outlook map

Dates for Cambodia on the risk calendar

Key questions (2)
The other side: 2 lines from our readings and register

General information, not advice.

Risks that reach Cambodia

  • US tariffs and Canada Medium

    • F-0174 · Canada falls into recession · 25%, our estimate, scored when it resolves · resolves by 31 Dec 2027 · Open · brief C-006

    US tariffs and Canada

Each forecast is our estimate, scored when it resolves, in the register’s own words.

Goods and chokepoints

Exhibit S-1 · Supply balance

How much Cambodia makes, buys and sells, good by good

Consumption = production + imports − exports (± stock change).
Reading the supply balance

Supply balance first, suppliers second.

One card per good, each in its own unit. Goods are never added together.

Each card shows the latest complete period: the newest with consumption and at least one of production, imports and exports on file.

Figures of 1,000 kb/d or more show in million barrels a day (mb/d).

Periods are marketing years, as published.

What to watch

  • 4 Nov, 8 Dec 2026 Canadian import data by origin, monthly releases. US tariffs and Canada
  • 30 Sep 2027 F-0176 resolves: Fortress North America. US tariffs and Canada
  • 31 Dec 2027 F-0174 resolves: Canada in recession. US tariffs and Canada

Questions firms in this position often review

  • Which of the risks above reach our own suppliers, customers or assets in Cambodia?
  • Which of the forecasts above bear on our plans in Cambodia, and which outcome would change them?
  • Which dated items under What to watch fall inside our next planning cycle?

General research, not advice. Request a free pilot

Full analyst view

Open Cambodia on the map of brief questions

Country analysis

Questions our briefs address

The questions our published briefs address that touch Cambodia.

US tariffs and Canada · Strature analysis, not from the brief

US tariffs and Canada: what is at stake for Cambodia

Canada took 4.01% of Cambodia's exports in 2023, the Medium band. Clothing made up C$1.86bn of Canada's C$3.01bn of imports from Cambodia in 2025, so a Canadian slowdown is the main channel.

Theme band Medium

4.01%

Share of Cambodia's exports going to Canada (2023)

C$3.01bn

Canada's imports from Cambodia, C$bn (2025)

C$1.86bn

Clothing in those imports, C$bn (Strature calculation)

Read the full panel

Risks

  • A Canadian recession (F-0174) would hit clothing, 62% of what Canada buys from Cambodia.
  • Canada aligning its outside tariffs with US policy (F-0176) would reach the same clothing flow.
  • Garment, footwear and travel goods exports reached US$15.5bn in 2025, as reported; Canada is a small part of that. Estimate from press or commentary

Opportunities

  • The sector's exports rose 15.7% in 2025, as reported, so the sector has been expanding. Estimate from press or commentary
  • Canada's imports from Cambodia were C$3.01bn in 2025, above the theme's money line.

Uncertainties

  • The 4.01% share is for 2023, from Cambodia's own report; later years were not fetched.
  • Canada's tariff preferences for Cambodia were not checked in this round.

What to watch

  • 4 Nov, 8 Dec 2026Canadian import data by origin, monthly releases.
  • 30 Sep 2027F-0176 resolves: Fortress North America.
  • 31 Dec 2027F-0174 resolves: Canada in recession.

Exposure by channel

Exposure band per channel, with the figure and the published line
ChannelFigureBandPublished line
Sales to CanadaTrade4.01% of goods exports 2023Share of the country's goods exports going to CanadaMediumHigh ≥5% · Medium 2–5% · Low <2% but on a money line

Bands follow the published materiality lines for this theme. A low-confidence figure alone caps a band at Medium.

Canada's imports from Cambodia, 2025 (C$bn)
Canada's imports from the country: C$3.01bn (2025)All goods3.01Clothing (HS 61 and 62) in Canada's imports from Cambodia: C$1.86bn (2025) (our calculation)Clothing*1.86

Drawn to scale from zero. Source: Statistics Canada, Canadian International Merchandise Trade open data, imports HS6 x country (ODPFN015), 2025. * Our calculation from the cited figures.

Briefs and questions

  • C-006 F-0174 Canada in recession, 25%, our estimate, scored when it resolves.
  • C-006 F-0176 Fortress North America: Canada aligns its outside tariffs with the US, 7%, our estimate, scored when it resolves.

Sources cited

Estimates from press or commentary

Our calculations

  • Clothing (HS 61 and 62) in Canada's imports from Cambodia: C$1.86bn (= Canada's imports from Cambodia of HS 61 plus HS 62, exact values)

Strature analysis, not from the brief: researched by Strature from public sources and kept in our country dossier, updated 6 Oct 2026. General research, not advice. Who else is exposed: US tariffs and Canada →

ISO 3166-1 name: Cambodia (KHM). Country and territory names follow common usage and imply no position on sovereignty.

Sources and licences

No figure on this page yet.

Cite this page Strature, “Cambodia”, Strature GPS, https://strature.net/gps/khm/, 31 Oct 2026.

  • General research, not advice.
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