Cambodian footwear exports may slip in Q4

An assortment of shoes for sale along National Road 5 in the capital’s Russey Keo district on May 30. - PPP

PHNOM PENH (The Phnom Penh Post/Asia News Network): Cambodia exported US$1.325 billion worth of “footwear, gaiters and the like; parts of such articles” in the first nine months of 2022, up 32.69 per cent year-on-year from $998.238 million, Customs data show.

However, industry insiders have reported a material slowdown in new orders in the third quarter, and other signs of possible weakness in exports in the coming months, as global post-Covid-19 inflation concerns mount amid elevated oil prices.