Cambodia’s exports of clothes, footwear and journey items (GFT) elevated by 16.89 per cent yr on yr (YoY) within the first half (H1) this yr to $6.15 billion, in keeping with contemporary information launched by the Basic Division of Customs and Excise (GDCE).
In June alone, such exports earned $1.26 billion—an increase of 4.21 per cent YoY.
Exports of knitted attire articles and clothes equipment earned $2.79 billion through the six-month interval—a development of 13 per cent YoY, whereas these of non-knitted attire objects introduced in $1.53 billion—a development of 30.1 per cent YoY.
Cambodia’s exports of clothes, footwear and journey items (GFT) rose by 16.89 per cent YoY in H1 2024 to $6.15 billion.
Exports of knitted attire and clothes equipment rose by 13 per cent YoY to $2.79 billion; these of non-knitted attire grew by 30.1-per cent YoY to $1.53 billion.
In June alone, GFT exports earned $1.26 billion—a 4.21-per cent YoY rise.
Footwear exports earned $774 million through the interval—a rise of 10.5 per cent YoY, and leather-based and journey items one other $948 million—a development of 13.5 per cent over the identical interval.
Different made-up textile articles earned $102 million in H1 2024—a development of 36.8 per cent.
Exports of knitted attire articles and clothes equipment, nevertheless, dropped by 1.7 per cent YoY in June. Exports of journey items additionally declined by 5.6 per cent YoY in June.
Exports of non-knitted attire articles rose by 21.9 per cent YoY and people of footwear by 12 per cent YoY in June this yr.
GFT exports rose this yr after declining repeatedly for practically 18 months since mid-2022, leading to manufacturing unit closures and job losses.
Near half of the nation’s complete export earnings of $12.29 billion between January and June this yr got here from GFT items.
The nation’s GFT exports declined by 13.31 per cent YoY in 2023.
Fibre2Fashion Information Desk (DS)
