Cambodia Garment, Footwear and Travel Goods Sector Brief Issue No. 4
The Garment, Footwear, and Travel Goods (GFT) sector has made significant contributions to Cambodia’s economic achievements in the past two decades. Political stability, competitive wage and production costs, preferential trade access, and a favourable investment climate have been the sector’s comparative advantage to allow this sector to flourish and become an economic growth pillar. According to the Cambodia GFT Sector Development Strategy 2022-2027, garments have remained at over 70% of the industrial export share since 2009, while Cambodia also diversified its exports, exporting such products as bicycles, vehicle parts, and electronic parts.