As per latest reports from Ministry of Industry (Cambodia), exports of garment and footwear from Cambodia have noted an increase of 13 per cent year-on-year to US $ 1.55 billion in the first quarter of current year.
In the year 2015, the Southeast Asian country’s exports of garment and footwear generated US $ 7.1 billion in revenues, up 14.5 per cent compared with 2014 when apparel and footwear export value stood at around US $ 6 billion. Western markets, particularly the US, Canada and European countries are the key export destinations for Cambodia.
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The country has performed well in the first three months of the year despite the wage issue that has been creating hurdles in the clothing sector of the country. However, the Cambodian garment units have increased the minimum wage of workers which currently stands at US $ 140 per month.
Cambodian clothing and footwear sector accounts for about 80 per cent of the country’s overall export. The sector is comprised of more than 1,000 factories with around 754,000 workers.
