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

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search