Cambodia’s garment exports strengthen, but challenges remain

Cambodia’s garment, footwear and travel goods industry has seen a rebound in 2021 as exports rose by 15.2 per cent to $11.38 billion, according to data from the country’s General Department of Customs and Excise released on February 12.

The industry segment is the largest foreign exchange earner for Cambodia. The sector consists of roughly 1,100 factories and branches, employing approximately 750,000 workers, mostly female, according to the labour ministry.

The increase in exports is mainly owing to a recovery in international demand as Covid-19 restrictions got gradually eased in Cambodia’s main export markets, including the European Union, the UK and the US, and a successful national vaccination campaign which has allowed the country to fully resume its socio-economic activities in all areas.

In full: https://investvine.com/cambodias-garment-exports-strengthen-but-challenges-remain/

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