Home / Knowledge / News / Apparel/Garments / Cambodian garment exports surge 20% to $5.53bn in 2013
Cambodian garment exports surge 20% to $5.53bn in 2013
03
Feb '14
The exports of apparel earned US$ 5.52 billion for the Southeast Asian nation of Cambodia in 2013, registering a rise of sharp 20 percent over $4.61 billion exports made in 2012, reports xinhuanet.com, citing data from the Ministry of Commerce.
 
Cambodian garment exports to the US increased by 7.6 percent year-on-year to $2.12 billion during the 12-month period, whereas exports to the EU jumped by 28 percent year-on-year to $2 billion and to other countries by 32 percent year-on-year to $1.41 billion.
 
The Ministry of Commerce attributed the rise in garment exports to an increase in buying orders and inflow of more investment in the clothing sector.
 
In late December 2013, Cambodian garment industry was forced to remain shut for about 10 days, following six trade bodies-- C.Cawdu, Niftuc, CUMW, FTUWKC, CCU and CATU—demanding raising the minimum wage of workers to $160 per month.
 
The strike ended after the Government issued a temporary ban on all forms of demonstrations and garment units reopened on January 6 this year.
 
The new wage structure, offering $100 monthly minimum wage, including a $5 health bonus, would be implemented from this month in Cambodia.
 
The garment sector is the main foreign exchange earner for Cambodia, accounting for about 80 percent of the country’s overall exports. It employs over 300,000 workers, with more than 90 percent of them being female.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: VF Corporation

Apparel/Garments | On 5th May 2016

VF Corp’s Q1 2016 revenue up 2% to $2.8 billion

VF Corporation reported a rise of 2 per cent in its total revenue to...

Textiles | On 5th May 2016

Brazilian cotton prices rise nearly 10% in April

Firm demand, decrease in supply from important cotton growing...

Apparel/Garments | On 5th May 2016

Kishore Biyani named Future Retail’s vice-chairman

Future Retail has appointed its Independent Director VK Chopra as...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

Which chemicals are likely to dominate the sustainable textiles industry?...

Mr. Paolo Gramaglia
Miroglio Textile

What is the role of the digital printing technology in the manufacturing...

Bernat Aguilar
Asia Textile Inspections

Why are textile inspection companies important in the market? How do you...

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Michael Kamm
Sympatex Technologies GmbH

Sympatex Technologies has been one of the leading global suppliers of high ...

Dr. Andreas Schmidt
Department Function and Care, The Hohenstein Institute

Dr. Andreas Schmidt is Director of Department Function and Care, The...

Jay Ramrakhiani
Occasions Elegance Wear

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

Karan Arora
Karan Arora

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
April 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


feedback
We would love to hear from you about your experience using the new interface. A quick review of yours would help us give you a better experience.
Advanced Search