Cambodia clears 4 textile projects, total 72 approved in Jan-May

The garment, footwear and travel goods sectors accounted for the bulk of these projects, although others were in fields like fruit processing and packaging, hotels, hospitals, and business centres among others, a Cambodian newspaper reported.

In the first four months of 2022, the country’s total exports were worth $7.6062 billion, up by 32.1 per cent year on year, while imports amounted to $10.04330 billion, up by 5.5 per cent, according to the general department of customs and excise.

The trade deficit for January-April narrowed by more than 35 per cent to $2.4371 billion from nearly $3.8 billion a year ago.

Fibre2Fashion News Desk (DS)