Cambodia imports fabrics worth $3.5 bn in 1st 9 months of 2021

Cambodia’s garment sector showed decent performance in production, exports and growth in orders, while it imported fabrics worth $3.5 billion in the first nine months this year—an increase of more than 25 per cent, according to the latest World Bank, which said garment exports to the United States rose by 31.9 per cent to $ 3.4 billion in September 2021.

According to a report by the country’s general department of customs and excise, in the first nine months of 2021, exports for garments amounted to $8.24 billion, an increase of about $843.4 million or 11.4 per cent compared to the same period in 2020.

Kaing Monica, deputy secretary general of the Garment Manufacturers Association of Cambodia, said the increase in imports of raw materials for garment production this year was in line with the growth of exports of garments and travel products.

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