Cambodia sees 16% rise in garment, footwear exports in 6 months

To match feature CAMBODIA-GARMENTS/Cambodia’s garment and footwear industry, the country’s largest income earner, saw a 16 per cent increase in exports in the first six months of 2014, according to a commerce ministry’s report released on July 20.

The country exported apparel and footwear products worth $2.92 billion during the January-June period this year, up 16 per cent from $2.51 billion over the same period last year, the report said. The products are mainly exported to European countries and the US.

The exports to Europe were valued at $1.14 billion in the first half of this year, up 32 per cent, and the exports to the US dropped by 2 per cent to $999 million as sales to other countries rose by 25 per cent to $787 million.

Van Sou Ieng, president of the Garment Manufacturers Association of Cambodia (GMAC), said, “the garment and footwear sector is expected to see a 15 per cent growth this year if production is not disrupted by any higher wage demanding protests for the rest of the year.”

The sector comprises 960 factories with some 620,000 workers, according to the Ministry of Labour. It earned $5.5 billion from exports last year, accounting for about 80 per cent of the country’s total exports.

Wage dispute remains hot since pro-opposition trade unions, which represent about 19 per cent of the workers, still jointly demand the government to raise monthly minimum wages for workers to $160 from the current $100.



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Cambodia's garment and footwear industry, the country's largest income earner, saw a 16 per cent increase in exports in the first six months of 2014, according to a commerce ministry's report released on July 20. The country exported apparel and footwear products worth $2.92 billion during the January-June period this year, up 16 per cent from $2.51 billion over the same period last year, the report said. The products are mainly exported to European countries and the US. The exports to Europe were valued at $1.14 billion in the first half of this year, up 32 per cent, and the...

To match feature CAMBODIA-GARMENTS/Cambodia’s garment and footwear industry, the country’s largest income earner, saw a 16 per cent increase in exports in the first six months of 2014, according to a commerce ministry’s report released on July 20.

The country exported apparel and footwear products worth $2.92 billion during the January-June period this year, up 16 per cent from $2.51 billion over the same period last year, the report said. The products are mainly exported to European countries and the US.

The exports to Europe were valued at $1.14 billion in the first half of this year, up 32 per cent, and the exports to the US dropped by 2 per cent to $999 million as sales to other countries rose by 25 per cent to $787 million.

Van Sou Ieng, president of the Garment Manufacturers Association of Cambodia (GMAC), said, “the garment and footwear sector is expected to see a 15 per cent growth this year if production is not disrupted by any higher wage demanding protests for the rest of the year.”

The sector comprises 960 factories with some 620,000 workers, according to the Ministry of Labour. It earned $5.5 billion from exports last year, accounting for about 80 per cent of the country’s total exports.

Wage dispute remains hot since pro-opposition trade unions, which represent about 19 per cent of the workers, still jointly demand the government to raise monthly minimum wages for workers to $160 from the current $100.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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Donation Total: $10.00