Cambodia's export of travel goods exceeds 1.2 bln USD last year

Source: Xinhua| 2020-03-16 22:19:21|Editor: zyl
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PHNOM PENH, March 16 (Xinhua) -- The Garment Manufacturers Association in Cambodia (GMAC) announced on Monday that Cambodia's export of travel goods to the world exceeded 1.2 billion U.S. dollars in 2019.

The export of travel goods has seen a big jump from only 50 million U.S. dollars in 2016, GMAC said in a press statement.

The statement said the United States is the biggest export market for the products, 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 and GMAC to the U.S. Congress that resulted in the review of the U.S. GSP (Generalized System of Preferences) in 2016 and included travel goods items in the GSP's eligibility list," it said.

GMAC expressed its thanks to all the buyers for sourcing travel goods from Cambodia and the end customers for their confidence in Made-in-Cambodia travel goods products.