Home / Knowledge / News / Apparel/Garments / Cambodia's garment exports rise sharply in 2011
Cambodia's garment exports rise sharply in 2011
20
Jan '12
Exports of garments and textiles from Kingdom of Cambodia increased to US$ 4.25 billion last year, as against exports of US$ 3.4 billion achieved in 2010, registering a sharp rise of nearly 25 percent, according to figures released by the Ministry of Commerce.

The US retained its position as the leading importer of Cambodian garments, and it imported garments worth US$ 1.84 billion last year, showing an increase of 11.4 percent year-on-year.

Cambodia's garment exports to the EU surged by over 42 percent to US$ 1.3 billion during the year. The huge rise in exports to the EU can be traced to the duty-free export facility granted to the Kingdom, which resulted in more number of European buyers for Cambodian garments.

The country's garment exports to all remaining countries, including Canada and Japan, crossed US$ 980 million in 2011, up 38 percent from exports worth US$ 645 million in 2010.

According to experts, the 25 percent year-on-year rise in Cambodia's garment exports in 2011 points towards diversification of the Kingdom's garment industry away from manufacturing of low value-added items to higher value-added garments.

The 25 percent y-o-y increase in Cambodia's garment exports was, however, less than the 42.7 percent y-o-y growth witnessed in the country's total exports last year.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

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...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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:
July 2017

July 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