Logo of Phnom Penh Post newspaper Phnom Penh Post - Garment exports up by 17pc

Garment exports up by 17pc

Garment exports up by 17pc


Employees make clothes last year at the Injae Garment Co Ltd factory in Phnom Penh.

Photo by: Tracey Shelton

THE KINGDOM’S garment and textile exports rose around 17 percent to US$2.27 billion in the first nine months of 2010, from $1.94 billion for the same period last year, official figures showed.

Government officials said yesterday it was a sign of the global recovery following the financial crisis.

“Demand is picking up,” said Deputy Cabinet Chief of the Commerce Ministry Kong Putheara yesterday, after the Kingdom’s import-export quality-control regulator CamControl released the new figures.

A breakdown showed $1.32 billion – or 58 percent – of the total exports went to the United States, a 13.3 percent increase on last year.

Shipments to the European Union rose 15.86 percent to $563.8 million, and exports to other foreign markets sharply increased 29 percent to $353.4 million.

Kong Puthear noted the diversification to regional markets, but said these other markets were still limited when compared to size of the US or EU.

“Our exports in the region are still low because we don’t have an agreement on duty free [for garments and textiles] while the EU and US offer us a lot of preferences,” he said.

He expected further increases with the ongoing global recovery, he added.

Prime Minister Hun Sen commented on the Kingdom’s export market in his address at the graduation ceremony at the National Institute of Education in Phnom Penh yesterday.

He said businesses should be aware of Asia’s importance in expanding exports, noting that the region was recovering faster than the US and EU markets.

He added that “new markets” should be enlarged and “old markets” maintained.

Secretary General of the Garment Manufacturers Association in Cambodia Ken Loo could not be reached for comment yesterday.

MOST VIEWED

  • Temi tourism project approved by the CDC

    The $500.4 million Tourism, Ecological, Marine and International (Temi) tourism project has been approved by the Council for the Development of Cambodia (CDC), according to a notice on its Facebook page on Monday. The project is part of Chinese-owned Union City Development Group Co Ltd’s (

  • Rainsy will return at ‘favourable time’

    Opposition figure Sam Rainsy on Saturday suggested he would not return to Cambodia as he had previously promised, saying that like liberators King Father Norodom Sihanouk and Charles de Gaulle, he would only do so at a “favourable time”. “I will go back to Cambodia

  • NagaWorld casino sees net profit of more than $390M last year

    Phnom Penh’s NagaWorld casino posted a 53 per cent net profit increase last year at $390.6 million, a sum which is almost equal to the combined net profit of all Cambodian commercial banks in 2017. NagaWorld’s parent company, NagaCorp Ltd, is listed on the Hong Kong

  • US Embassy urged to stop ‘disrespecting sovereignty’

    The Ministry of Foreign Affairs and International Cooperation called on the US Embassy in Phnom Penh on Saturday to respect the Vienna Convention on Diplomatic Relations after it called former opposition leader Kem Sokha “an innocent man” – a move deemed to be “disrespecting Cambodia’s