Garments at the Margin: What Rising Wages and Buyer Pressure Mean for Cambodia's Biggest Export Industry

The analysis in brief

Garments, footwear and travel goods still anchor Cambodian exports, but factory margins tighten every year: minimum wages rise while global buyers hold prices and add compliance costs. This analysis shows the squeeze splitting the industry into three tiers — stable large suppliers, a squeezed middle, and informal workshops. The full text covers the value-chain shift and four indicators to watch.