Cambodia makes US$11.76 billion from garment exports in first eight months, up 7.2 per cent 


PHNOM PENH: Cambodia's export of garments, textiles, footwear, and travel products reached 11.76 billion U.S. dollars in the first eight months of 2026, marking a 7.2 per cent increase from US$10.97 billion during the same period last year, said an official report on Saturday.

According to the Ministry of Commerce's report, apparel and textile exports reached $ 8.78 billion during the January-August period this year, up 7.3 per cent from the same period last year. Meanwhile, footwear grew 7.5 per cent to US$ 1.5 billion, and travel goods rose 6.5 per cent to US$1.48 billion.

The sector remains Cambodia's primary economic engine and largest foreign exchange earner, accounting for 48 per cent of total export value, the report showed.

Thong Mengdavid, deputy director at the China-ASEAN Studies Center of the Cambodia University of Technology and Science, attributed the steady momentum to successful market diversification.

"The growth signifies Cambodia's resilience despite the global economic slowdown," Mengdavid told Xinhua.

However, he cautioned that maintaining long-term momentum will require adaptation.

"Cambodia must accelerate factory greening to meet strict international environmental, social, and governance (ESG) standards, move up the value chain toward higher-value products, and further streamline logistics through digital trade processes," he said.

According to the Ministry of Labour and Vocational Training, the vital manufacturing sector currently comprises more than 1,800 factories and branches, providing employment to approximately 1.1 million workers, who are predominantly women. - Xinhua

 

 

 

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