Cambodia’s garment exports rise 22%

garment factory CambodiaThe value of Cambodia’s garment and footwear exports topped $5.07 billion in the first 11 months of 2013, an increase of 22 per cent from the same time last year, according to the latest statistics of the country’s Ministry of Commerce.

Cambodia’s two biggest importers of textile garments and footwear, the US and Europe, both registered notable year-on-year increases. US exports rose 9 per cent to a total of $1.96 billion, while European exports rose 33 per cent to a total of $1.81 billion as of November 2013.

Export value among the remaining countries, including South Korea and Japan, rose 31 per cent in the first 11 months of this year compared to 2012.

The surprising jump in value comes despite months of garment worker strikes, manufacturers reducing or ceasing productions entirely, and the country’s ongoing political impasse over the disputed poll on July 28.

Earlier this week, thousands of garment factory workers from around the country walked off the job after the Ministry of Labour decided to raise minimum wages by $15 in 2014, rather than the $80 increase they demanded. On December 26, several thousand people were gathering for a rally in the Phnom Penh.



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The value of Cambodia’s garment and footwear exports topped $5.07 billion in the first 11 months of 2013, an increase of 22 per cent from the same time last year, according to the latest statistics of the country's Ministry of Commerce. Cambodia’s two biggest importers of textile garments and footwear, the US and Europe, both registered notable year-on-year increases. US exports rose 9 per cent to a total of $1.96 billion, while European exports rose 33 per cent to a total of $1.81 billion as of November 2013. Export value among the remaining countries, including South Korea and Japan, rose...

garment factory CambodiaThe value of Cambodia’s garment and footwear exports topped $5.07 billion in the first 11 months of 2013, an increase of 22 per cent from the same time last year, according to the latest statistics of the country’s Ministry of Commerce.

Cambodia’s two biggest importers of textile garments and footwear, the US and Europe, both registered notable year-on-year increases. US exports rose 9 per cent to a total of $1.96 billion, while European exports rose 33 per cent to a total of $1.81 billion as of November 2013.

Export value among the remaining countries, including South Korea and Japan, rose 31 per cent in the first 11 months of this year compared to 2012.

The surprising jump in value comes despite months of garment worker strikes, manufacturers reducing or ceasing productions entirely, and the country’s ongoing political impasse over the disputed poll on July 28.

Earlier this week, thousands of garment factory workers from around the country walked off the job after the Ministry of Labour decided to raise minimum wages by $15 in 2014, rather than the $80 increase they demanded. On December 26, several thousand people were gathering for a rally in the Phnom Penh.



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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Personal Info

Donation Total: $10.00

 

 

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