Industry And Cluster | News & Insights

Cambodia’s Garment Export Totaled $2.4 Billion In The First Quarter

Published: May 4, 2021
Author: Manali bhanushali
Cambodia’s article of clothing item trades contracted in the principal quarter monetary period as many processing plants stayed shut incidentally as a result of COVID-19 in Phnom Penh and Takhmao city, Kandal region.
The Kingdom’s fares of garments, footwear, and travel products were estimated at $2.4 billion in the main quarter of 2021, a 10 percent decline contrasted and a similar period a year ago, as per figures from the Ministry of Economy and Finance.
The Ministry of Labor and Vocational Training and the Garment Manufacturers Association in Cambodia (GMAC) has advanced for comprehension from purchasers and different partners if  conveyances of article of clothing items are late and look for no-punishments during the progressing lockdown measures.
In view of the Feb 20 episode, the Royal Government of Cambodia declared on April 14  a fourteen day lockdown overall of Phnom Penh and Takmao from April 15 to May 5 to contain and forestall the spread of COVID.
Representative Heng Sour said the service and significant gatherings have been cooperating to call global purchasers to show adaptability and comprehend the condition in Cambodia’s article of clothing area.
“We have called worldwide purchasers not to force fines on any plant for being late in conveying merchandise on schedule,” he said.
Also, he said the full creation chain will be typical once the COVID-19 circumstance is better in light of the fact that rules on wellbeing measures and regard for the public authority’s lockdown measures are being followed.
“Government, laborers and workers regard the public authority’s wellbeing measures and, once  creation chains restart, we will actually want to supply items as quick as possible,” Sour said.
Cambodia’s shipments in the area were estimated at $9.5 billion out of 2020, down from $10.6 billion enlisted a year sooner.

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