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Cambodia's exports of garments, textiles, shoes, travel goods hit nearly 14 bln USD in 2024

0 Comment(s)Print E-mail Xinhua, January 21, 2025
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PHNOM PENH, Jan. 21 (Xinhua) -- Cambodia exported garments, textiles, footwear and travel goods worth 13.92 billion U.S. dollars in 2024, up 23 percent over a year earlier, the Ministry of Commerce said in a report on Tuesday.

Garments exports stood at 9.79 billion dollars last year, a year-on-year increase of 24 percent, the report said, adding that textiles worth 499 million dollars were shipped to international markets, up 17 percent.

Also, 1.68 billion dollars worth of footwear was exported, up 23 percent, while travel goods equivalent to 1.95 billion dollars were sold to international markets, up 19.6 percent, the report added.

Hoe Ee Khor, chief economist of the ASEAN+3 Macroeconomic Research Office (AMRO), said the garment, footwear and travel goods sector remained one of key drivers for Cambodia's economic growth.

"Growth in the sector rebounded steadily in 2024, driven by stronger demand for consumer goods in major advanced markets," he wrote to Xinhua in a recent e-mail.

The industry is the largest foreign exchange earner for the Southeast Asian country.

The sector currently consists of about 1,538 factories and branches, employing approximately 913,000 workers, mostly women, according to the Ministry of Labor and Vocational Training's latest report. Enditem

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