Cambodia’s apparel exports up 12.69% to $9 bn in 2022, but down in Dec

Cambodia’s apparel exports increased by 12.69 per cent year-on-year to $9.035 billion during January-December 2022. This constituted 40.18 per cent of Cambodia’s total foreign income of $22.482 billion during the period under review, according to data from the general department of customs and excise under the ministry of economy and finance. 

Cambodia’s exports of apparel and clothing accessories (knitted) (Chapter 61) earned $6.367 billion in 2022, which was 9.4 per cent higher than the exports worth $5.819 billion during the corresponding period of 2021. The country’s exports of apparel and clothing accessories (not knitted) (Chapter 62) rose by 21.4 per cent to $2.668 billion in the period under review. In 2021, in this category, the country had exported apparel worth $2.198 billion. 

However, exports of apparel and clothing accessories (knitted) decline during standalone month November 2022 which reflects the sluggish demand in the global market. The exports slipped by 20.9 per cent to $432.261 million in December 2022 from $591.851 million in the same period of 2021. The shipment of non-knitted apparel eased by 1.1 per cent to $245.247 million in the period under review. 

In full: https://www.fibre2fashion.com/news/apparel-news/cambodia-s-apparel-exports-up-12-69-to-9-bn-in-2022-but-down-in-dec-285178-newsdetails.htm

Related Stories

Latest News

The Weekly DispatchA weekly newsletter from The Cambodia Daily delivering news, analysis and opinion to your inbox. Published every Friday at 11:30am. Sign up today.