World’s Top Exporters
In 2018, the total exported value exceeded 10 billion US$. In 2017, with a share of 1.5% of the world’s export value, Cambodia became the 9th largest garment producer in the world. In 2018, the Cambodian export value of garments had a share of 82 percent in the garment, textile, and footwear sector, footwear of 11 percent, and textiles of 7 percent.
The Engine of Growth
In 2018, the garment and footwear sector accounted for 74% of Cambodia’s export earnings. By the end of 2018, there were a total of 625 exporting garment and exporting 83 footwear factories in Cambodia in effective operation. As a result, the sector has become the main non-agrarian employer in the country, with over 754,000 workers.
Preferential Trade Agreements
Cambodia has successfully established trade agreements or preferential schemes with importing countries such as the EU, US, China, Japan, and ASEAN. This enables the export of goods at a very low rate or quota-free and duty-free access to partner countries.
Why Cambodia for Textile and Aparel