Home / Knowledge / News / Apparel/Garments / Myanmar takes lessons from Cambodian garment sector

Myanmar takes lessons from Cambodian garment sector

06
Apr '12
Myanmar has a lot to learn from Cambodia for developing its garment sector. This was underscored at a business-to-business (B2B) dialogue hosted by the ASEAN-EU Business Summit.

Both Myanmar and Cambodia lack domestic textile manufacturers who can supply the local apparel companies with raw materials, especially fabrics. This necessitates both the countries to depend on imports for almost all of their fabric needs for garment production, which increases the risks associated with logistics and currency fluctuations.

While 23 of Myanmar's around 100 garment manufacturing companies are foreign-owned, nearly 90 percent of units in Cambodia are owned by overseas entrepreneurs.

In spite of such similarities between both countries, Cambodian garment sector has grown manifold during the last decade, while Myanmar's garment sector has stagnated.

As per the figures of the Garment Manufacturers Association of Cambodia (GMAC), there are more than 500 garment manufacturing units in the Kingdom and new factories are coming up at an average of one in every ten days.

At the meet, the enormous progress made by Cambodia in the garment sector during the last one decade was cited as an example to be enumerated by Myanmar.

Myanmar exported apparels worth US$ 767.6 million in 2001, most of them to the US, while Cambodia exported around US$ 1.16 billion worth of garments during the same year.

However, owing to sanctions imposed by the US against Myanmar's military-led Government, the value of the country's clothing item exports declined by 60 percent by 2005. Meanwhile, Cambodia's garment exports rose by around 90 percent during the same period, according to GMAC figures.

By 2011, Myanmar's apparel exports bounced back to near-2001 levels due to growing trade with South Korea and Japan. But by this time, Cambodia's overall garment exports became 335 percent higher than its regional neighbour.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 22nd Feb 2020

Pharr sells Pharr High Performance to Coats Group

Pharr, a provider of differentiated textile products and assorted...

Pic: Shutterstock

Textiles | On 22nd Feb 2020

TOAI highlights importance of textiles in auto industry

The first edition of the conference 'Textile Opportunities in a...

Pic: Shutterstock

Textiles | On 22nd Feb 2020

Cocona's 37.5 fibres to have new biodegradable additive

All of the 37.5 staple fibres and filament yarns by Cocona, will now...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Customised t-shirts is not a fad

Kamlesh Vaghela, RK Textiles

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Top executives, Textile industry

Top executives
Textile industry

Denimsandjeans India 2018

Poonam Naik Desai,

Poonam Naik Desai

Peekaboo is a sustainable, high quality, luxury sleepwear brand providing...

Zennure Danisman,

Zennure Danisman

Since its inception in 1953, Orta Anadolu has been weaving a denim...

Aaron Spivak,

Aaron Spivak

Canada-based Hush Blankets was founded by Lior Ohayon and Aaron Spivak to...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

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

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

Leave your Comments


February 2020

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


Advanced Search