Over recent years, Cambodia has benefited greatly from rising production costs in China and the resultant realignments in the supply chain.
It has emerged as a competitive alternative manufacturing base for light manufacturing relocation within Southeast Asia. Cambodia’s garment and footwear industry accounts for over 70 per cent of the country’s exports, which is the country’s main user and driver of logistics activities. Moving forward, it is expected that Cambodia’s trade levels will increase further still. This is partly due to the aforementioned ongoing adjustments in regional supply chains.
Additionally, the ASEAN region is becoming increasingly competitive, due to the trade bloc’s continued drive towards regional integration.