Logo of Phnom Penh Post newspaper Phnom Penh Post - Non-textile industrial exports up 50%

Non-textile industrial exports up 50%

Content image - Phnom Penh Post
Cambodia exported $755.34 million worth of electrical equipment and electronic components to international markets in 2020, up 31.49 per cent compared to $574.44 million in 2019, according to the Ministry of Commerce. Hean Rangsey

Non-textile industrial exports up 50%

Cambodia earned $1.8997 billion from the export of non-textile-based industrial products in the first half of this year, an increase of 49.9 per cent from $1.2672 billion in the same period of 2020, the General Department of Customs and Excise of Cambodia (GDCE) reported.

The sound growth in the exports was a result of the implementation of the government’s policy on industrial diversification in Cambodia, said the GDCE, a department under the Ministry of Economy and Finance.

The GDCE listed some of the items as bicycles and related parts, electronic and wiring components, auto parts, decorative lamps and plank boards.

Cambodia Chamber of Commerce vice-president Lim Heng told The Post on July 19 that the export of the Kingdom’s non-textile-based merchandise has steadily increased since the outbreak of Covid-19.

This, Heng said, reflects, the progress of Cambodian production chains serving everything from light industry to modern heavy industry, which he asserted every developing country in the world is looking for.

He added that the growth in the exports was in line with Industry 4.0 and the Cambodia Industrial Development Policy 2015-2025, as well as the new investment law, which was recently approved by the Council of Ministers.

“Growth in non-textile-based exports is a good sign of national economic growth, as it is a key starting point for achieving a heavy industrial sector – which all developed countries need – and long-term sustainability,” he said.

According to Heng, some countries today do not want to accept investment in the garment sector, disregarding it as a light industry.

After all, investors can always relocate and hire less-skilled workers elsewhere.

Heng added: “For me, if Cambodia can get both [well-functioning light and heavy industries], it is better for both sectors to work well together to create jobs and provide national income.”

Hong Vanak, director of International Economics at the Royal Academy of Cambodia, said export diversification is necessary for the Kingdom to boost economic growth.

He suggested Cambodia harness the preferential treatment benefits provided by major global markets and increase the export potential of a variety of products, pointing out that garments, the linchpin of the Kingdom’s economy, faces a litany of challenges posed by Covid-19.

“Diversification of non-garment export products will help make the Cambodian market stronger and more targeted,” he said, adding that surges in shipments abroad would also help strengthen the capacity of Cambodia’s skilled labour.

Non-textile-based industrial products accounted for 26 per cent of Cambodian exports last year, up from 17.2 per cent in 2019, reported the finance ministry, listing milled rice, furniture, bicycles and electronic components as notable goods.


  • Ministry taking steps over Thai ‘replica’ of Angkor Wat

    The Ministry of Culture and Fine Arts has dispatched experts to inspect the ongoing construction of a temple in Wat Phu Man Fah, located in Thailand’s Buriram province. This temple appears to be a replica of Cambodia’s renowned Angkor Wat. The ministry said

  • Ream base allegations must end, urges official

    A senior government official urges an end to the allegations and suspicions surrounding the development of Cambodia’s Ream Naval Base, now that Prime Minister Hun Manet has addressed the issue on the floor of the 78th UN General Assembly (UNGA 78). Jean-Francois Tain, a geopolitical

  • PM to open new Siem Reap int’l airport December 1

    Prime Minister Hun Manet and Chinese leaders would jointly participate in the official opening of the new Chinese-invested Siem Reap-Angkor International Airport on December 1. The airport symbolises a new page in the history of Cambodian aviation, which will be able to welcome long-distance flights to

  • CP denied registration documents by ministry

    The Ministry of Interior will not reissue registration documents to the Candlelight Party (CP). Following a September 21 meeting between ministry secretary of state Bun Honn and CP representatives, the ministry cited the fact that there is no relevant law which would authorise it to do

  • Minimum wage set at $204, after Sep 28 vote

    The minimum wage for factory workers in the garment, footwear and travel goods industries for 2024 has been decided at $204 per month, with the government contributing $2. Following several negotiation sessions, the tripartite talks reached an agreement during a September 28 vote, with 46 of 51 votes supporting the $202 figure.

  • Thavisin touches down in Phnom Penh for first official visit to an ASEAN member state

    Thailand's newly appointed prime minister Srettha Thavisin has arrived in Cambodia for a one-day visit. The trip marks his first visit to an ASEAN country since taking office and aims to enhance bilateral trade and investment. According to the agenda, Thavisin is scheduled to hold