Tuesday, May 11, 2010

Cambodian garment industry remains wary despite export growth

May 10, 2010
Source: Xinhua

Cambodian garment and apparel exports have increased 7.24 percent for the first quarter of 2010 compared with the same period last year, but remain below the pre-crisis levels of the first quarter in 2008, local media reported on Monday, citing the figures from the Ministry of Commerce.
Ministry of Commerce (MoC) figures value Cambodia's garment and apparel exports for the first quarter at 671 million U.S. dollars, up from 626 million U.S. dollars for the same quarter last year, the Phnom Penh Post reported.
According to a country by country breakdown, exports to the U.S. market went up 4.13 percent - from 395 million U.S. dollars to 411 million U.S. dollars - while the EU markets saw a 7.32 percent increase, and other foreign markets were up 20.12 percent.

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