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Article

13 May 2023

Author:
Fibre2Fashion

Cambodia: Apparel exports decline by 25% in first four months of 2023

"Cambodia's apparel exports down 25.17% to $2,149 mn in Jan-Apr 2023", 13 May 2023

Cambodia's apparel exports decreased by 25.17 per cent to $2,149.556 million in the first four months of 2023, accounting for 29.7 per cent of its total foreign income of $7,234.123 million during the period, according to general department of customs and excise (GDCE) under ministry of economy and finance. This represents a significant drop from last year when the country's apparel exports increased by 12.69 per cent to $9.035 billion...

The decline in shipments reflects sluggish demand in the global market...

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