Cambodia exported garments, footwear and travel goods worth $9.35 billion in 2019.
World Bank raps country over failure to boost growth and jobs
With trade and political ties between the governments strengthening, Cambodian exports to Japan rose sharply in the first nine months of the year.
Number of international brands are shifting production away from China, with Cambodia a strong contender to become their next base for the manufacturing of garments and footwear products.
The American retail giant’s positive announcement comes amid an escalating diplomatic row between Cambodia and its Western partners.