Home / Knowledge / News / Apparel/Garments / Robust growth in Cambodia's garment exports to Korea
Robust growth in Cambodia's garment exports to Korea
May '12
There has been a huge rise in Cambodian exports to South Korea, mainly driven by garment exports. Garment and footwear sector exports from Cambodia to South Korea soared by 204 percent to US$ 4.9 million during the initial three months of the current year.

This has pushed the Kingdom's overall exports to South Korea to US$ 30 million during the first quarter of current year. This is a 76 percent rise over last year's corresponding period's exports worth US$ 17 million, statistics released by the Korea Trade-Investment Promotion Agency (KOTRA) in Phnom Penh stated.

KOTRA Manager Kim Dohyun said the Cambodian garment industry has expanded with opening of about 20 new Korean garment factories over the last one year, and this is the main reason behind rise in exports.

Korea Chamber of Commerce in Cambodia Chairman Kang Nam-shik said several Korean garment factories have been set up in Cambodia over the last six months, attracted by Cambodia's labour quality and low-wages.

He said despite a rise in wages in the Kingdom, they are still below wages in other countries in the region like China and Vietnam. Eyeing Cambodia as a lucrative destination, several other garment entrepreneurs from Korea are also pondering on setting up their units in the Kingdom, Mr. Nam-shik said.

Although Cambodian exports to Korea have grown substantially, imports still dominate the trade between the two countries. Imports from Korea for the review period surged at a year-on-year rate of 29 percent to US$ 130 million from US$ 101 million.

Overall trade between the two economies for the quarter soared by 36 percent from last year's US$ 117.3 million to US$ 159.9 million during the first three months of 2012.

Mr. Dohyun attributed such rise in trade volume between the two countries to the Kingdom's resurgent economy and a free-trade agreement between the two economies.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Amit Jain
Shingora Textiles Ltd

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

Eric Scholler

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Bani Batra

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search