The export figure represents around 41.30 percent of the country’s total foreign income of $18.747 billion in January-October 2022, according to data from the General Department of Customs and Excise under the Ministry of Economy and Finance.
The Kingdom’s exports of apparel and clothing accessories (knitted) earnings surged 16 percent to $5.513 billion in the first ten months of this year, as compared to $4.752 billion for the same period in the previous year.
Cambodia’s exports of apparel and clothing accessories (not knitted) reached $2.234 billion in the January-October period, a 25.1 percent increase when compared with apparel exports worth $1.785 billion last year.
However, the data showed that the export figures of October 2022 slumped due to sluggish demand from the global markets.
The exports of knitted apparel and clothing accessories dropped 24.2 percent to $403.551 million in October 2022 from $532.309 million for the same period in the previous year.
The shipment of non-knitted apparel fell 4.3 percent to $169.498 million, the report pointed out.
On the other hand, Cambodia’s knitted or crocheted fabric imports during January-October 2022 reached $2.545 billion, 4.6 percent higher than imports worth $2.434 billion in the same period last year.
For full article, please read here
Author: Adur Pradeep
Source: Khmer Times
November 28, 2022
