The country's exports of rice, mostly clothing and footwear last year amounted to 8.03 billion US dollars, up 17 percent, compared with 6.8 billion US dollars in 2014. While exports rose 43 percent last year, exports of footwear increased by 21 percent with textiles fell 17 percent.
The European Union remains the biggest buyer of the country 2.5 billion dollars in exports clothing 5.7 billion dollars. America, which used to be the largest exporter of garments for clothing imports from Cambodia $ 1.7 billion down 3% compared with 2014.
Ken Loo, secretary general of the Garment Manufacturers Association, said that despite the positive growth in 2015, the rise of export stable compared with 10 last year.
He said that the only reason that Cambodia has maintained a 15 percent growth in exports of clothing to the EU Europe is due to get done everything except arms.
He said: 'The benefits will be down very soon, when the Free Trade Agreement between the EU - Vietnam effect.
According to Luther's minimum wage is higher, while the impact of a free trade agreement began that Vietnam will receive a favorable trade and price competitiveness due to higher labor productivity.
He said: 'With the minimum wage, we are equally excellent. Most expensive than Vietnam and productivity is lower in Cambodia.
The decline in exports to US Luther was confirmed by the lack of favorable trade has resulted in the fall this decrease in the last 3 years.
He said: 'Our growth engine only in markets where we have a favorable trade only and we do not the trade preferences in the US, he said.
Exports of footwear with rapid growth in the last few years, an increase of 21 percent to 537 million US dollars .LA
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