Phnom Penh (FN), Mar. 16 – The Garment Manufacturers Association in Cambodia (GMAC) said Cambodia’s export of Travel Goods to the world exceeded USD 1.2 billion in 2019, starting from a very low base of about USD 50 million in 2016, according to the press statement dated Monday.
“The United States is our biggest export market for the product accounting for about 80 percent of the total exports.”
“This phenomenal growth in exports is due to the joint lobby efforts of the Ministry of Commerce (MOC) and GMAC to the US Congress that resulted in the review of the US GSP in 2016 and included travel goods items in the GSP’s eligibility list,” the statement added.
=FRESH NEWS