Home / Knowledge / News / Apparel/Garments / Cambodia's garment, textile exports on an upbeat
Cambodia's garment, textile exports on an upbeat
24
Nov '11
A positive trend has been witnessed in garment and textile exports from Cambodia, till October this year. The Kingdom's garment and textile exports, with a year-on-year rise of over 30 percent equalling to US$ 880 million, surged to US$ 3.47 billion, the Ministry of Commerce figures revealed.

As stated by the Ministry officials, garments continue to be in demand in the European Union and in the United States in spite of the two western economies being confronted with economic downturn and sovereign debt crisis. Being low-priced is a key factor which has helped in sustenance of the Kingdom's garment and textiles industry.

Kong Putheara, Director of the Commerce Ministry's Department of Statistics said the Kingdom's garment and textile industry caters to the needs of ordinary low and medium income group people, and added that though earnings of people in this class was slightly hit by the debt crisis, the low-cost of products have helped to sustain the buying power of this class.

Besides the Western markets, which are the leading export destinations for Cambodian garments and textiles, present export growth is also attributable to rise in exports to other markets like China, he added.

While garment exports to the US grew by 16 percent to US$ 1.74 billion during January to October period, exports to the European nations grew by 59 percent to US$ 1.03 billion.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: AWI

Textiles | On 20th Jan 2017

Australian wool EMI at highest ever level in Au$ terms

The Eastern Market Indicator (EMI) managed to forge ahead by a...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Apparel/Garments | On 20th Jan 2017

Fashion etailer Fynd to offer Yepme product offerings

Online fashion retailer Fynd has signed a partnership with Yepme,...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search