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Cambodia's textile-garment exports down 14.8% YoY in Jan-Nov 2023
27 Dec '23
1 min read
Pic: Adobe Stock
Insights
- Cambodia exported textiles, garments, footwear and travel products worth $9.9 billion in the first 11 months this year—down by 15 per cent YoY.
- Global economic slowdown, particularly in the EU, led to the fall.
- Textile-apparel exports were worth $7.22 billion—a fall of 14.8 per cent YoY.
- Export of footwear was worth $1.21 billion—down by 23 per cent YoY.
Cambodia exported textiles, garments, footwear and travel products worth $9.9 billion in the first 11 months this year—down by 15 per cent year on year (YoY), according to the commerce ministry. Global economic slowdown, particularly in the European Union (EU), led to the fall, the government said.
Exports of textile and apparel were worth $7.22 billion during the period, marking a decline of 14.8 per cent YoY, a report by the ministry said.
Export of footwear was worth $1.21 billion—down by 23 per cent YoY, while that of travel goods was worth $1.47 billion—down by 9.8 per cent YoY.
Fibre2Fashion News Desk (DS)
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