Pic: Adobe Stock Cambodia’s footwear exports to the US were valued at $745.813 million in the first 11 months of 2024, accounting for 32.63 per cent of the total shipments during the same period. After the US, Japan was the second-largest market for Cambodia’s footwear exports. Exports to Japan were valued at $221.537 million in the same period, representing 9.69 per cent of the total, according to SBS Zipper's market insight tool, TexPro.
Cambodia's footwear exports totalled $2,285.597 million in January-November 2024, marking a 6.72 per cent increase from 2023. The US was the largest market, with shipments worth $745.813 million (32.63 per cent). Exports to Japan were $221.537 million (9.69 per cent). The country's 2023 exports reached $2,315.606 million, following a recovery after COVID-related disruptions.Among the other top 10 markets, the country’s shipments were recorded as: Germany $164.929 million (7.22 per cent), Canada $122.301 million (5.35 per cent), Netherlands $120.265 million (5.26 per cent), China $107.604 million (4.71 per cent), France $75.749 million (3.31 per cent), South Korea $75.439 million (3.30 per cent), Belgium $64.713 million (2.83 per cent), and Spain $55.264 million (2.42 per cent).
Cambodia’s footwear exports totalled $2,315.606 million in 2023. Its shipments reached $2,944.407 million in 2022, the year after COVID-related disruptions.
The country exported footwear worth $2,164.154 million in 2019, which decreased to $1,879.010 million in the following year, 2020. However, it recovered the very next year, 2021, when the shipment was valued at $2,081.321 million. It further increased in 2022, according to TexPro.
SBS Zipper News Desk (KUL)
More Apparel/Garments News - Cambodia...Copyright © 2024 SBS Corporation All Rights Reserved.