{"id":24358,"date":"2017-01-02T03:59:52","date_gmt":"2017-01-02T10:59:52","guid":{"rendered":"http:\/\/www.denimsandjeans.com\/?p=24358"},"modified":"2017-04-19T23:16:27","modified_gmt":"2017-04-20T06:16:27","slug":"cambodian-denim-exports-to-eu-and-us-2011-2016","status":"publish","type":"post","link":"https:\/\/www.denimsandjeans.com\/recovery\/subscriber-reports\/cambodian-denim-exports-to-eu-and-us-2011-2016\/24358","title":{"rendered":"Cambodian Denim Exports To EU And US | 2011-2016"},"content":{"rendered":"

The garment industry of Combodia earns 80 percent of Cambodia’s foreign exchange earnings and employs an estimated 350,000 people in more than 300 factories.\u00c2\u00a0 As companies which buy from Cambodia-like H&M, Inditex, Marks & Spencer, New Look, Adidas, Nike, Levi’s, Uniqlo-know very well, Cambodia benefits from preferential trade agreements with the European Union (EU), Japan, Canada, whereas China does not. Manufacturers in Cambodia benefit from duty-free access to the EU through the Union’s Generalized Scheme of Preferences (GSP)\u00c2\u00a0 Everything But Arms (EBA) arrangement.<\/p>\n

\n

According to the Ken Loo, secretary general of the Garment Manufacturers’ Association in Cambodia (GMAC),Cambodian garment exports are only growing in markets with beneficial access, like Canada, Japan and especially the EU \u00e2\u20ac\u201c its largest export market, accounting for 45% of the total, where imports have duty-free access under the generalized Scheme of Preferences (GSP) Everything But Arms (EBA) arrangement.<\/strong><\/p>\n<\/blockquote>\n

According to figures release by the local Ministry of Commerce the total value of exports from the garments from Cambodia was USD 5.7 billion . The break up of the exports stands divided among various markets as follows with the major share being taken by EU.<\/p>\n

\"Combodia<\/a><\/p>\n

In this report, we did a detailed analysis of Denim Exports Of Men and Women Jeans To USA & EU during the period of\u00c2\u00a0 2011-2016 .<\/p>\n

\n

Table of Content <\/span><\/u><\/strong><\/p>\n\n\n\n\n\n\n\n\n\n
\n

S.NO.<\/strong><\/span><\/p>\n<\/td>\n

\n

Particulars<\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n

1<\/td>\nTable showing the denim exports of Men and Women Jeans made to EU during the period of Jan\u00e2\u20ac\u212216 to August\u00e2\u20ac\u212216 and to USA during the period of Jan\u00e2\u20ac\u212216 to September\u00e2\u20ac\u212216 ( Pcs In Millions)<\/td>\n<\/tr>\n
2<\/td>\nGraph Showing the denim exports of Men and Women Jeans made to EU during the period of Jan\u00e2\u20ac\u212216 to August\u00e2\u20ac\u212216 and to USA during the period of Jan\u00e2\u20ac\u212216 to September\u00e2\u20ac\u212216 ( Pcs In Millions)<\/td>\n<\/tr>\n
3<\/td>\nTable showing the denim exports of Men and Women Jeans made to EU during the period of 2011-2015 ( Pcs In Millions )<\/td>\n<\/tr>\n
4<\/td>\nGraphs showing average price of the denim exports of Men and Women Jeans made to EU during the period of 2011-2015 ( Euro\/Pc)<\/td>\n<\/tr>\n
5<\/td>\nTable showing the denim exports of Men and Women Jeans made to USA during the period of 2011-2015 ( Pcs In Millions )<\/td>\n<\/tr>\n
6<\/td>\nGraphs showing average price of the denim exports of Men and Women Jeans made to USA during the period of 2011-2015 ( USD\/Pc)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

1. Exports of Men and Women Jeans\u00c2\u00a0 to EU & USA <\/span><\/h2>\n

[private_special] The European Market is much better than\u00c2\u00a0 USA for the Cambodian Denim Industry and it is very apparent by analysing the data of past five years . In the year 2016 ,till the month of August , the total exports of Men and Women Jeans made to EU was 7.77 million pcs and 17.1 million pcs respectively however for the USA the exports were saturated at the quantity of 2.47 million pcs for men and 7.25 million pcs for women during the period of Jan\u00e2\u20ac\u212216 to September\u00e2\u20ac\u212216 .\u00c2\u00a0 So far as the average price is concerned , EU is cheaper than USA. For the period mentioned for EU , the average price for Men\u00e2\u20ac\u2122s and Women\u00e2\u20ac\u2122s jeans was Euro 6.67\/Pc ( *USD 6.96) and Euro 5.83\/Pc (USD 6.08) respectively. However for the USA, the average price for men\u00e2\u20ac\u2122s and women\u00e2\u20ac\u2122s jeans are USD 8.89 and 7.43 per pc respectively.<\/em><\/strong><\/p>\n\n\n\n\n\n\n
* The conversion rate is the exchange rate on December 28,2016<\/em><\/p>\n

Pcs In Millions<\/span><\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Particulars<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

EU ( August 2016)<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

USA( September 2016)<\/span><\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Men<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

7.77<\/span><\/span><\/p>\n<\/td>\n

\n

2.47<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Women<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

17.1<\/span><\/span><\/p>\n<\/td>\n

\n

7.25<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"Combodia<\/a><\/p>\n

 <\/p>\n

2.\u00c2\u00a0 Exports of Men\u00e2\u20ac\u2122s and Women\u00e2\u20ac\u2122s Jeans\u00c2\u00a0 To EU during the period\u00c2\u00a0\u00c2\u00a0 2011-2015<\/span><\/h2>\n

During the period of 2011-2015 , the denim industry of Cambodia grew very well. In the year 2011 the total Men\u00e2\u20ac\u2122s denim export was merely 2.06 million pcs and Women denim export was 2.92 million pcs. Year after year the country has registered a fair growth rate and reached the level of 10.93 million pcs of Men\u00e2\u20ac\u2122s Denim exports and 14.54 million pcs of Women\u00e2\u20ac\u2122s Denim Exports by the end of the year 2015. However , analysing the year on year trend , the growth of men\u00e2\u20ac\u2122s denim has not been so encouraging but for the women\u00e2\u20ac\u2122s denim , the growth rate far better than Men\u00e2\u20ac\u2122s denim. The year 2015 was better for Women\u00e2\u20ac\u2122s Denim with a growth of over 60% !<\/p>\n\n\n\n\n\n\n
\n

Pcs In Millions<\/span><\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Year<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2011<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2012<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2013<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2014<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2015<\/span><\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Men<\/span><\/span><\/p>\n<\/td>\n

\n

2.06<\/span><\/span><\/p>\n<\/td>\n

\n

4.99<\/span><\/span><\/p>\n<\/td>\n

\n

7.4<\/span><\/span><\/p>\n<\/td>\n

\n

10.54<\/span><\/span><\/p>\n<\/td>\n

\n

10.93<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Women<\/span><\/span><\/p>\n<\/td>\n

\n

2.92<\/span><\/span><\/p>\n<\/td>\n

\n

6.62<\/span><\/span><\/p>\n<\/td>\n

\n

9.76<\/span><\/span><\/p>\n<\/td>\n

\n

8.95<\/span><\/span><\/p>\n<\/td>\n

\n

14.54<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"Combodia<\/a><\/p>\n

The average price increased continuously and as compared to the Chinese and Bangladeshi denim prices , the prices are not yet competitive. The increase in the prices are result of the Cambodia Government\u00e2\u20ac\u2122s new labour policy which has increased the minimum wages substantially which have been reflected in the average price too. In 2011 , the average price of Men Jean was Euro 4.9\/Pc which is Euro 7.45\/Pc in 2015.<\/strong> The prices of Women jeans have been also increased but the increase is very marginal. In 2011 the average price of women jean was Euro 5.72\/Pc and in 2015 it was Euro 6.52\/Pc<\/strong>.<\/p>\n\n\n\n\n\n\n
\n

Euro\/Pcs<\/span><\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Year<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2011<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2012<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2013<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2014<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2015<\/span><\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Men <\/span><\/span><\/p>\n<\/td>\n

\n

4.9<\/span><\/span><\/p>\n<\/td>\n

\n

6.46<\/span><\/span><\/p>\n<\/td>\n

\n

6.37<\/span><\/span><\/p>\n<\/td>\n

\n

6.54<\/span><\/span><\/p>\n<\/td>\n

\n

7.45<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Women<\/span><\/span><\/p>\n<\/td>\n

\n

5.72<\/span><\/span><\/p>\n<\/td>\n

\n

5.93<\/span><\/span><\/p>\n<\/td>\n

\n

5.45<\/span><\/span><\/p>\n<\/td>\n

\n

5.83<\/span><\/span><\/p>\n<\/td>\n

\n

6.52<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"Combodia<\/a><\/p>\n

3. Exports of Men\u00e2\u20ac\u2122s and Women\u00e2\u20ac\u2122s Jeans made to USA during the period of 2011-2015<\/span><\/h2>\n

The denim exports to USA saw an adverse and inconsistent growth throughout the period of five years ending 2015.In the year 2011 the total Men denim export was\u00c2\u00a0 8.46 million pcs and Women denim export was 11.47 million pcs. Year after year the country has registered an adverse growth rate and dropped down to the level of 4.48 million pcs of Men Denim exports and 10.52 million pcs of Women Denim Exports by the end of the year 2015. <\/strong><\/p>\n\n\n\n\n\n\n
\n

Pcs In Millions<\/span><\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Year<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2011<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2012<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2013<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2014<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2015<\/span><\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Men<\/span><\/span><\/p>\n<\/td>\n

\n

8.46<\/span><\/span><\/p>\n<\/td>\n

\n

7.24<\/span><\/span><\/p>\n<\/td>\n

\n

4.91<\/span><\/span><\/p>\n<\/td>\n

\n

5.34<\/span><\/span><\/p>\n<\/td>\n

\n

4.48<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Women<\/span><\/span><\/p>\n<\/td>\n

\n

11.47<\/span><\/span><\/p>\n<\/td>\n

\n

9.65<\/span><\/span><\/p>\n<\/td>\n

\n

10.43<\/span><\/span><\/p>\n<\/td>\n

\n

9.95<\/span><\/span><\/p>\n<\/td>\n

\n

10.52<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"Combodia<\/a><\/p>\n

In 2011 , the average price of Men Jean was USD 8.89\/Pc which is USD 8.51\/Pc in 2015, though it has been reduced but is still not competitive . However the prices of Women jeans have been decreased over the period of five years . In 2011 the average price of women jean was USD 8.59\/Pc and in 2015 it was USD 7.53\/Pc.<\/p>\n\n\n\n\n\n\n
\n

USD\/Pcs<\/span><\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Year<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2011<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2012<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2013<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2014<\/span><\/span><\/b><\/p>\n<\/td>\n

\n

2015<\/span><\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Men <\/span><\/span><\/p>\n<\/td>\n

\n

8.89<\/span><\/span><\/p>\n<\/td>\n

\n

8.63<\/span><\/span><\/p>\n<\/td>\n

\n

9.35<\/span><\/span><\/p>\n<\/td>\n

\n

9.24<\/span><\/span><\/p>\n<\/td>\n

\n

8.51<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Women<\/span><\/span><\/p>\n<\/td>\n

\n

8.59<\/span><\/span><\/p>\n<\/td>\n

\n

8.31<\/span><\/span><\/p>\n<\/td>\n

\n

8.2<\/span><\/span><\/p>\n<\/td>\n

\n

8.14<\/span><\/span><\/p>\n<\/td>\n

\n

7.53<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"Combodia<\/a><\/p>\n

Cambodia’s garment sector is doing fine. ANZ Bank recently predicted 7.2% GDP growth in 2016, mainly fuelled by rising clothing exports. And just-released data from the International Labour Organization (ILO) points to a 14.7% jump in the country’s clothing shipments to US$1.605bn during the first quarter of 2016. Garment exports to US have been falling for the past five years, dropping 14.2% toUS$1.2bn in the six months from January to June which is a matter of deep concern for the country. However there are strong hopes of revival for Cambodian industry in the coming years as China loses more and more of its share. [\/private_special]<\/p>\n

\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The garment industry of Combodia earns 80 percent of Cambodia’s foreign exchange earnings and employs an estimated 350,000 people in more than 300 factories.\u00c2\u00a0 As companies which buy from Cambodia-like H&M, Inditex, Marks & Spencer, New Look, Adidas, Nike, Levi’s, Uniqlo-know very well, Cambodia benefits from preferential trade agreements with the European Union (EU), Japan, […]<\/p>\n","protected":false},"author":1,"featured_media":24365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,1271],"tags":[1497,121,272],"class_list":["post-24358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-subscriber-reports","tag-cambodia","tag-eu-denim","tag-us-denim"],"_links":{"self":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/posts\/24358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/comments?post=24358"}],"version-history":[{"count":0,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/posts\/24358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/media\/24365"}],"wp:attachment":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/media?parent=24358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/categories?post=24358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/tags?post=24358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}