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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 |

Cambodia Exported $514 Million From Bicycles Production

  • Posted Dec 29, 2021 14:09 by Yuri Matoszko
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PHNOM PENH: In the first ten months of this year Cambodia has exported $514 million generated from bicycle exports to international markets, such as the U.S., Germany, UK, Japan, China, ASEAN, Belgium, the Netherlands, Austria, Sweden, Australia, Colombia, Korea, Spain, Italy and Canada.

According to the report released by the Ministry of Commerce, the amount of exports saw an increase of 21% compared to the same period last year.

Five bicycle manufactures make the total of production, all of them located in the special economic zones of Svay Rieng province.

Minister of Commerce Pan Sorasak has stated that despite the pandemic of COVID-19, the Kingdom’s exports remain strong. From January to November 2021, the total exports were valued at US$15,729 million.

Last year, Cambodia’s bicycle exports were amounted to $520 million, a year-on-year increase of 27 percent.

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