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Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

Cambodian Bicycle Exports Earn Almost $250-million in H1

  • Posted Jul 21, 2021 17:11 by Lundy
  • 1375
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Phnom Penh: Demand for bicycles made in Cambodia is growing. According to the Ministry of Commerce, in the first half of 2021, Cambodia exported 1.26-million bicycles, earning $247.5-million. 34 electric bicycles were also exported, with a value of $45,287. Target markets for Cambodian-made bicycles are as far afield as the United States, Germany, the UK, Japan, China and Colombia.

It would appear the pandemic is doing little to flatten demand. In 2020, Cambodia’s bicycle exports increased by 27.78% year-on-year, earning a total of $527-million. Ministry of Commerce spokesperson, Seang Thai, says bicycle exports are growing significantly, meaning that despite the Covid-19 crisis, bicycle exports are going strong.

He says demand is being driven by three main factors, including a call on bilateral partners to increase imports of Cambodian goods, the high quality of the goods themselves and the sheer extent of Cambodia’s export markets for its bicycles.


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