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In 2011 1-4, Kampuchea'S Clothing Exports Increased By 40% Over The Same Period Last Year.

2011/7/13 9:13:00 61

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Global Economic Recovery Kampuchea Financial Crisis

The first 4 months of 2011

Cambodia

The total export volume of garment products increased by more than 40% over the same period last year.

According to the data provided by the Ministry of Commerce of Kampuchea, the total export clothing products of Kampuchea in the first 4 months of this year amounted to about US $1 billion 200 million, a sharp increase of more than 40% compared with 846 million US dollars in the same period last year.

Sheka Mara, director of the Kampuchea Garment Manufacturers Association (GMAC), said that with the global

Economic recovery

In addition, the demand for new Asian markets has also increased, leading to an upward trend in the export volume of garments industry in the first 4 months of Kampuchea.

"These new Asian markets, including Japan, mainland China and South Korea".

The canal says it has suffered from the United States and European Union countries.

financial crisis

After the impact, the garment industry in Kampuchea is actively looking for new markets in the region to further promote the development of garment industry.

In any case, the canal pointed out that the price of gasoline continues to rise, and the prices of imported raw materials are also rising. However, the growth of Kampuchea's garment industry has not been relatively developed.

In addition, the statistics show that the total exports from Kampuchea to the United States reached $654 million in the first quarter of this year, up 25.3% from 522 million US dollars in the same period last year, according to the Statistics Bureau of the Ministry of Commerce of Kampuchea.

In addition, the total garment products exported from Kampuchea to EU countries reached 329 million US dollars, up 78.32% from 184 million US dollars in the same period last year.

The total volume of garments exported from Kampuchea to other countries reached 247 million US dollars, an increase of 77.53% over the same period last year of 139 million US dollars.

Kampuchea garment manufacturers association has predicted that with the global economic recovery and the EU's tariff free preferences, Kampuchea's clothing exports this year are expected to grow by 25%.