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Home World Business

Cambodia’s garment exports rise 9% in H1 of 2015

byCustoms Today Report
19/08/2015
in World Business
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PHNOM PENH: Garment industry, Cambodia’s largest foreign currency earner, has seen a 9 percent rise in exports in the first six months of 2015, according to the latest data of the Ministry of Commerce on Monday.

The Southeast Asian country exported apparel products in equivalent to 3 billion U.S. dollars during the January-June period this year, up 9 percent from 2.74 billion U.S. dollars over the same period last year, the data said.

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Garment products accounted for 72.6 percent of the country’s total exports, it added. Main markets for the products are Europe, the United States and Canada.

According to the data, the country also exported footwear products worth 313 million U.S. dollars during the first half of this year, up 70 percent from 184 million U.S. dollars over the same period last year.

The garment and footwear sector consists of nearly 1,100 factories with approximately 700,000 workers, according to the Labor Ministry.

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