After record high, garment exports slow

27 December 2011
The Cambodia Daily
Economy and commerce / Exports / Trade
Demand / Europe / Exports / Garment exports / Garment Manufacturers Association of Cambodia / garment sector / GMAC / Growth / IMF / International Monetary Fund / US / World Bank

As predicted by the International Monetary Fund and World Bank earlier this year, growth in Cambodia’s garment sector has started to slow due to weakening demand from markets in the US and Europe. According to the latest figures released by the Garment Manufacturers Association in Cambodia (GMAC), exports reached $334.1 million in the month of October, down from a record $433.5 million in the month of July. In September, exports reached $379.9 million…

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