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

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mark Paterson
Technical Absorbents Ltd

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Bani Batra

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
February 2017

February 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