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Cambodia Economy News

Cambodia’s Hit Exports Fall

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Cambodia exported about 11 billion US dollars worth of garment, footwear, and travel products in 2023, decreasing 12%, the General Department of Customs and Excise reports.

Apparel and textiles accounted for over 8 billion dollars in 2023, a drop of 11% from a year earlier.

Footwear products were down more than 21%, while travel goods dropped 8%.

Ministry of Commerce’s Secretary of State and Spokesperson Penn Sovicheat says major buyers of these products are the European Union, the United States, Canada, and the United Kingdom.

Read this news HERE.

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