Category-wise, knitted apparel exports rose 22.7 per cent to $6.1 billion, non-knitted apparel grew 33.3 per cent to $2.83 billion, and leather and travel goods earned $1.87 billion, up 22.1 per cent. Footwear exports increased 24.3 per cent to $1.5 billion, while other textile articles grew 37 per cent to $187 million.
In November alone, GFT exports rose 46 per cent year-on-year to $1.32 billion.
Cambodia’s GFT exports have rebounded this year after an 18-month decline from mid-2022 to late 2023.
The GFT sector in Cambodia employs nearly one million people and accounted for 11 per cent of Cambodia’s economy, contributing 50 per cent to real GDP growth as of 2021.
ALCHEMPro News Desk (RKS)
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