Bags / Shoes & Accessories

According to Cambodia’s import and export data, in the first seven months of 2022, thanks to strong sales to the United States, the United Kingdom and other European markets, Cambodia’s international trade exports of footwear and related products exceeded 1 billion US dollars, an increase of 33.78% over the same period last year. %.

Last month alone, footwear exports were $198.6 million, up 38.6 percent from $143.25 million in July 2021.

Ly Kunthai, chairman of the Cambodia Footwear Association (CFA), said that despite the ongoing impact of the new crown epidemic and the uncertainty of the global economic growth outlook, Cambodian footwear international trade exports have shown "positive growth".

Kunthai attributed the surge in exports to factors such as Cambodia's political and economic stability, the expansion of global sales channels, low labor costs, and a favorable investment environment. The international trade export of footwear products "has greatly contributed to Cambodia's economic growth and increased employment opportunities, as well as increased investment in the manufacture of footwear and related products.

Lim Heng, vice-chairman of the Cambodian Chamber of Commerce, said the rise in international trade and exports of footwear products will not only secure employment for thousands of workers, but will also attract more consumers' attention to the quality and credibility of products produced in the Kingdom of Cambodia. Lim Heng emphasized that footwear and related products are one of Cambodia’s major international trade exports, with annual exports exceeding one billion US dollars and growing, which also proves that Cambodia’s footwear products meet international quality standards.”

There are about 70 shoe-making companies in Cambodia, most of which are invested by China, South Korea or Japan. Most of the raw materials needed to make shoes come from China, Vietnam and Thailand. Many well-known international brands such as Adidas, Clarks and Timberland process their products in Cambodia.

Last year, Cambodia's total exports of footwear and accessories products totaled US$1.39218 billion, an increase of 23.980% from US$1.112239 billion in 2020.