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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Garment, footwear, travel goods exports $7B

Monday, September 20, 2021 > 09:05:56
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The Phenom Phen Post 



Cambodia sold more than $6.8186 billion worth of garments, footwear and travel products on international markets in the first eight months of 2021, according to the Ministry of Commerce.



Garments accounted for $5,021,889,442.99, marking an increase of $160 million or 3.30 per cent over January-August 2020. And without providing figures for the corresponding period last year, the ministry noted that travel goods and footwear clocked in at $903,100,689 and $893,636,794, respectively.



Major buyers during the period included the US, the EU, Japan and the UK, the ministry added.



Speaking at the launch of Covid-19 vaccination campaign for children aged 6-11 on September 17, Prime Minister Hun Sen said pandemic-induced shocks to the production chains of important producers of textile goods, such as Bangladesh, Myanmar, Vietnam and Brazil, had forced a diversion of orders that benefitted the Kingdom.



“Our industry is functioning normally. There are four factories that used to sew face masks, and now they are turning into producers of garments for export, prompted by mounting orders that some countries cannot supply,” he said, adding: “The Kingdom is safer now.”



“Therefore, solving the problem of vaccines is not about solving people’s lives, but about economic and social reopening, which is a must,” he added.



Read more here


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