Garment Manufacturers Association head Van Sou Ieng says industrial disputes like the one in this file photo are to blame for the garment-sector downturn, as new figures show first half exports fell 18pc. (Photo by: Tracey Shelton)By Chun Sophal
The Phnom Penh Post
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It is difficult for us to estimate the total value for long-term exports of apparel in Cambodia ...
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Commerce Ministry figures show a smaller drop than over the first quarter as manufacturers group head blames industrial unrest, not economic crisis
Exports of garments, footwear and other textile products dropped 18 percent year on year over the first half to US$1.27 billion, Ministry of Commerce figures released at the weekend show.
Exports to the United States, Cambodia's key market, were down 30 percent. Canada took 13 percent less by value, while European purchases were down 5 percent over the period.
The figures were released by the ministry's Trade Preferences Systems Department and account for all exports under the generalised system of preferences (GSP) and most favoured nation (MFN) programmes.
Cambodia exports almost all its garments, textiles and shoes through these schemes, which allow the world's least-developed nations to avoid quotas imposed by rich countries on exports from other developing countries.
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