Clothing And Shoemaking Occupy Kampuchea'S Leading Position In Industry.
< p > textile and garment industry is the most important economic pillar of Kampuchea. There are more than 630 garment factories in Kampuchea and 97 factories in the footwear industry. Altogether, there are 727 factories in 2012, which employ about 600 thousand workers. < /p >
< p > it is reported that Kampuchea has continued to enjoy the EU's generalized preferential tariff system and the most favored nation treatment that will be given to the developed countries such as the United States and Japan. In 2012, the export of "a target=" _blank "href=" //www.sjfzxm.com/ "> clothing" /a "amounted to US $4 billion 600 million, an increase of 8% compared with 2011, accounting for 83.7% of the total export volume in that year. Therefore, the government of Kampuchea continued to approve 103 textile mill projects in 2012, with a total value of US $660 million, double the number and 3 times the investment volume in 2011. < /p >
< p > textile industry association pointed out that in recent years, the structure of Kampuchea's export market has undergone major changes. Before Kampuchea exported to the US market, it accounted for 70% of total exports and 25% of the European Union. Now it has changed to 44% of exports to the United States, 35% of the EU and 20% of other markets. According to this trend, the proportion of exports between the US and the EU will be balanced in 2013. < /p >
The main reason for the widening of the P market is that the 27 countries of the European Union have already introduced duty-free concessions to Kampuchea's imports, while the US tariffs on Kampuchea clothing remain on average at 16%. < /p >
< p > the main export markets for Kampuchea's textile and garment products are the US, EU, Canada, Japan, Korea and Mainland China. In 2012, the value of exports was 4 billion 600 million US dollars, and the raw materials for textile imports amounted to US $3 billion 100 million, up 20% from 2011, mainly from mainland China, Taiwan, Thailand, Japan and Korea, and 1 billion 500 million US dollars in foreign exchange earned in 2012. < /p >
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