Home breadcru News breadcru Import/Exports breadcru Cambodian apparel, knitted & non-knitted items' exports fall

Cambodian apparel, knitted & non-knitted items' exports fall

16 Aug '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Cambodia exported apparel items, clothing accessories and knitted and non-knitted or crocheted items worth $4.5 billion in the first seven months this year—down by 20.6 per cent year on year from $5.6 billion.
  • Knitted and non-knitted apparel and clothing accessories (item codes 61 and 62) accounted for 33 per cent of the total exports in the period.
Cambodia exported apparel items, clothing accessories and knitted and non-knitted or crocheted items worth $4.5 billion in the first seven months this year—down by 20.6 per cent year on year (YoY) from $5.6 billion, according to the country’s general department of customs and excise (GDCE).

Knitted and non-knitted apparel and clothing accessories (item codes 61 and 62) accounted for 33 per cent of the country’s total exports during the period, amounting to $13.5 billion. In July, such exports fell by 26.6 per cent YoY to $814.6 million from over $1.1 billion.

Exports of Cambodian garments have been falling since the fourth quarter of last year, according to Kaing Monika, deputy secretary-general of the Textile, Apparel, Footwear and Travel Goods Association in Cambodia (TAFTAC).

In the beginning of August this year, the sector had 1,077 factories that employed nearly 760,000, TAFTAC data show.

Last year, export of items under codes 61 and 62 totalled over $9 billion, an increase of 12.7 per cent from $8 billion in 2021, a Cambodian media outlet reported citing GDCE figures.

ALCHEMPro News Desk (DS)

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