Overseas demand for footwear products drops in early 2023

Cambodia’s footwear items seems to decline in purchasing orders in the first period of 2023 base on the lengthen confliction in Ukraine, the Cambodia Footwear mentioned. The down spot of footwear export were due to the difficulties situation of Russia-Ukraine war plus with the terrible pandemic of Covid-19. On the other hand, overseas importer start to decrease the orders, some factories are reducing staff and other factories were about to close. As reported by Ly Kunthai, chairman of Cambodia footwear Association, garments and footwear are the largest foreign exchange earner for Cambodia. That’s necessary how we need to distribute this issue by trying to promote and convince new investors especially from overseas.

References: Chea, V. (2023, January 1). Overseas demand for footwear products drops in early 2023. Khmer Time. Retrieved from https://www.khmertimeskh.com/501218774/overseas-demand-for-footwear-products-drops-in-early-2023/#:~:text=At%20the%20beginning%20of%202022,of%20Covid%2D19%20Kunthai%20said