Home / Knowledge / News / Apparel/Garments / Cambodian garment & textile exports grow 5.81% in Jan-Feb
Cambodian garment & textile exports grow 5.81% in Jan-Feb
07
May '14
courtesy: GMAC
courtesy: GMAC
The exports of garments and textiles from Cambodia grew by 5.81 percent to US$ 374.93 million in the first two months of the current year, compared to exports of $354.33 million made during the same period last year, data with the Garment Manufacturers Association in Cambodia (GMAC) showed.
 
From January to February 2014, Cambodia exported $159.83 million worth of garments and textiles to the US, followed by $63.93 million to the EU, $49.1 million to Canada, $31.95 million to Japan, and $70.12 million to other markets, according to the data.
 
In recent years, Cambodia’s apparel and textile exports have grown in leaps and bounds. From an earning of mere $1.156 billion from clothing and textile exports in 2001, the figure grew to $2.19 billion in 2005, $3.008 billion in 2010, and $4.047 billion in 2011.
 
Last year, Cambodia’s clothing and textile exports increased by 11.71 percent to $4.966 billion, as against exports of $4.445 billion made in 2012, as per GMAC data, which does not include footwear export figures.
 
From February 2014, a new wage structure, offering $100 monthly minimum wage, including a $5 health bonus, was implemented in Cambodian garment factories.
 
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: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Karel Williams
Dow Microbial Control

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

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Paolo Ocleppo
Sandvik Hyperion

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

Wendell Rodricks
Wendell Rodricks

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search