PHNOM PENH, Feb. 23, 2010 (Xinhua) -- The total value of garment, textiles and shoes exported last year dropped to 2.6 billion U.S. dollars compared with 3.1 billion U.S. dollars in 2008 as a result of global financial downturn, according to the figures of Commerce Ministry on Tuesday.
It said the total exports to the United States, which is Cambodia's biggest garment market, reached 1.5 billion U.S. dollars last year, down from 1.9 billion U.S. dollars in 2008.
The country's Garment Manufacturers Association of Cambodia ( GMAC) officials would not see the industry to pick up this year.
Kaing Monika, GMAC's spokesman, said "the international financial crisis has greatly impacted us, especially for our garment exports to the U.S. market."
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