Logo of Phnom Penh Post newspaper Phnom Penh Post - Footwear exports sprint past $1B mark in Jan-Jul

Footwear exports sprint past $1B mark in Jan-Jul

Content image - Phnom Penh Post
The Kingdom exported $1.05 billion worth of ‘footwear, socks, related products and parts thereof’ in the January-July period, up by 33.8 per cent year-on-year. Hong Menea

Footwear exports sprint past $1B mark in Jan-Jul

Cambodian exports of footwear and related items ran past the $1 billion mark in the first seven months of 2022, stepping up more than one-third against the same period last year, given a leg-up by strong sales to bigger markets in the US, UK and elsewhere in Europe.

From January-July, exports of “footwear, socks, related products and parts thereof” amounted to $1.04523 billion, up by 33.78 per cent from the $781.32 million recorded in the first seven months of 2021. These items accounted for 7.59 per cent of the total export value for the period at $13.76973 billion, according to the General Department of Customs and Excise of Cambodia (GDCE).

Last month alone, this category of exports registered $198.6 million, up by 38.6 per cent from $143.25 million in July 2021.

Cambodia Footwear Association (CFA) president Ly Kunthai told The Post on August 10 that these figures represent a continuation of “positive signs” for these exports, in light of the lingering effects of Covid-19 and the uncertain outlook for global economic growth.

He ascribed the surge in exports to, among other things, strong political stability; robust economic growth; a large network of buyers across many countries; abundant, diverse and cheap labour; and a better investment legal framework and overall conditions.

Kunthai explained that these exports “considerably contribute to Cambodia’s economic growth and job creation”, adding that investment in the manufacture of footwear and related items has risen in tandem.

Highlighting the relationship between these products and travel, the CFA president stated that exports are expected to accelerate this year and next, as travel gains pace amid the ebbing tide of Covid.

“I am optimistic that footwear and sock exports will show more positive signs going forward,” he said, naming the US, UK and other European countries, Canada, South Korea, Japan and ASEAN nations as major buyers of Cambodian-made footwear, socks, related products and parts thereof.

Cambodia Chamber of Commerce vice-president Lim Heng commented that the upward trend in exports will not only ensure employment and wages for thousands of workers, but also draw the attention of millions of consumers worldwide to the quality and reputability of the Kingdom’s products.

He underscored the importance of footwear and related items as one of Cambodia’s main categories of exports with buyers from a considerable range of countries and territories, and noted that the value of these shipments reaches billions of dollars per annum, an amount that keeps growing and thereby “proving that Cambodian products are of international quality”.

Heng said continued expansion into new markets and strengthening of positions on current markets through bilateral and multilateral trade pacts will trigger increases in Cambodian exports and drive new investment.

CFA’s Kunthai shared that there are about 70 footwear factories in the Kingdom, most of which are invested by entities from mainland China, Hong Kong or Taiwan in the Greater China region, South Korea or Japan.

Most raw materials in making footwear are imported from China, Vietnam and Thailand, he said, adding that many prominent international brands such as Adidas, Clarks and Timberland manufacture their shoes in Cambodia.

Last year, exports of footwear, socks, related products and parts thereof totalled $1.392218 billion, up by 23.980 per cent from $1.122939 billion in 2020, according to the GDCE.


  • Wing Bank opens new branch in front of Orkide The Royal along Street 2004

    Wing Bank celebrates first anniversary as commercial bank with launch of brand-new branch. One year since officially launching with a commercial banking licence, Wing Bank on March 14 launched a new branch in front of Orkide The Royal along Street 2004. The launch was presided over by

  • Siem Reap airport to close after new one opens

    After the new Siem Reap-Angkor International Airport (SAI) opens in October, the existing complex serving the northwestern province will be “completely closed”, according to State Secretariat of Civil Aviation (SSCA) spokesman Sin Chansereyvutha. SAI developer Angkor International Airport Investment (Cambodia) Co Ltd (AIAI) last month

  • Girl from Stung Meanchey dump now college grad living in Australia

    After finishing her foundational studies at Trinity College and earning a Bachelor’s degree from the University of Melbourne in 2022, Ron Sophy, a girl who once lived at the Stung Meanchey garbage dump and scavenged for things to sell, is now working at a private

  • Rare plant fetches high prices from Thai, Chinese

    Many types of plants found in Cambodia are used as traditional herbs to treat various diseases, such as giloy or guduchi (Tinospora cordifolia) or aromatic/sand ginger (Kaempferia galangal) or rough cocklebur (Xanthium Strumartium). There is also a plant called coral, which is rarely grown

  • Ministry using ChatGPT AI to ‘ease workload’; Khmer version planned

    The Digital Government Committee is planning to make a Khmer language version of popular artificial intelligence (AI) technology ChatGPT available to the public in the near future, following extensive testing. On March 9, the Ministry of Post and Telecommunications revealed that it has been using the

  • Cambodia returns 15M Covid jabs to China

    Prime Minister Hun Sen said Cambodia will return 15 million doses of Covid-19 vaccines to China for donation to other countries. The vaccines in question were ordered but had not yet arrived in Cambodia. While presiding over the Ministry of Health’s annual meeting held on