Cambodia’s apparel exports decreased by 18.98 per cent to $3,654.411 million in the first six months of 2023, accounting for 31.87 per cent of its total foreign income of $11,464.480 million during the period, according to general department of customs and excise (GDCE) under ministry of economy and finance.
During the period under review, Cambodia’s exports of apparel and clothing accessories (knitted) (Chapter 61) were $2,477.936 million, 21.5 per cent lower than the exports worth $3,157.623 million during the corresponding period of 2022. The country’s exports of apparel and clothing accessories (not knitted) (Chapter 62) dropped by 13 per cent to $1,176.475 million. In January-June 2022, the country exported apparel worth $1,352.481 million in this category. The decline in shipments reflects sluggish demand in the global market.
In June 2023, Cambodia’s apparel exports declined by 0.81 per cent to $860.368 million compared to the shipment of $867.985 million in the corresponding month of 2022. The shipment of apparel and clothing accessories (knitted) slipped 3.7 per cent to $622.428 million from $646.458 million during the same period last year. But the exports of apparel and clothing accessories (not knitted) gained 7.4 per cent to $237.910 million in June 2023.
