Cambodian garment exports decline amid global slowdown, says commerce ministry


Photo from Phnom Penh Post/ANN

PHNOM PENH (Phnom Penh Post/ANN): Cambodia's textile, garment, footwear and clothing exports have seen a sharp decline in the first nine months of the year, a trend attributed largely to falling global demand, particularly in the EU and US markets, the Ministry of Commerce reported.

During this period, clothing exports shrank by over 17%, footwear by over 25%, handbags by more than 13% and textiles by over 7%. In monetary terms, garment exports totalled over $5.929 billion, while footwear brought in over $991 million. Handbags and other textile products accounted for over $1.223 billion and $325 million respectively.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Cambodia , Garment Export , Numbers Down

Next In Aseanplus News

Haze situation improves in Brunei
Ex-minister Jamil Khir charged over RM860.3mil Tabung Haji asset disposal
Laos to host Asean women entrepreneurs forum
Global panel to hear Cambodia, Thailand sea dispute
Haze: Unhealthy air spreads to nine areas nationwide
Two taken to hospital, 20 evacuated after fire in bedroom of Pasir Ris HDB flat in Singapore
Okinawa election win may give Tokyo freer hand on military build-up
Migrant workers flock to Indian Kashmir despite militant threats
South Korea aims to save seniors lost in digital age
Indonesia rescuers searching for 129 people still missing after passenger ship capsizes

Others Also Read