Monday, 23 May 2011
Heng Reaksmey
VOA Khmer | Phnom Penh
“As in Cambodia, if we have political turmoil an instability in the country, we can’t order to buy goods from other countries.”
Cambodia’s clothing exports to the US jumped 26 percent in the first quarter of 2011, compared to the year before, signaling improvements after the 2008 economic crisis, officials said Monday.
Kong Puthear, director of statistics for the Ministry of Commerce, said some economic recovery in the US caused the bump in orders. “As in Cambodia, if we have political turmoil an instability in the country, we can’t order to buy goods from other countries.”
This year’s first quarter exports reached $521 million, up from $411 million in the same period of 2010, according to ministry statistics. Total exports for 2010 were $1.84 billion.
Cambodia was one of the 10 cheapest suppliers for the US clothing market in 2010, along with Bangladesh, El Salvador and Honduras.
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