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Postponed Export Of Garments And Textiles In Kampuchea

2020/5/18 16:19:00 0

ClothingTextilesExports

According to the statistics of Kampuchea General Administration of Taxation, the total export revenue of clothing, textiles and footwear (GTF) in Kampuchea in the first 4 months of 2020 amounted to US $3 billion 130 million, up 1.67% from the same period last year.

The Kampuchea Garment Manufacturers Association (GMAC) said that foreign orders grew rapidly in the early 2020 before the outbreak of the new crown, but the export volume will decline in the next few months due to the epidemic. In the coming months, exports of handicraft products will decline, and travel supplies may be stable or slightly lower. At present, almost no factory receives new orders, only protective materials and health care products are still in production.

It is understood that, when more than 180 factories have applied for a shutdown, Kampuchea's Ministry of industry, science, technology and innovation has revealed that in the first quarter of this year, 77 new factories in Kampuchea opened, 2 of which were production plants, and 27 thousand and 909 jobs were created.

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