Bicycle Business, Cambodia
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Re: Bicycle Business, Cambodia
Cambodia Exports US$278 Million Worth of Bicycles in Q1
May 03, 2023 --
Cambodia exported bicycles with a total value of US$278 million to foreign markets in the first quarter of 2023, a year-on-year increase of nearly 20 percent, the Ministry of Commerce’s report showed on Wednesday.
The Made-in-Cambodia bicycles have been exported to the European Union, the United Kingdom, the United States, Canada, Japan, and China, among others.
Cambodia is the top player in the Association of Southeast Asian Nations (ASEAN) in terms of bicycle export.
- AKP
May 03, 2023 --
Cambodia exported bicycles with a total value of US$278 million to foreign markets in the first quarter of 2023, a year-on-year increase of nearly 20 percent, the Ministry of Commerce’s report showed on Wednesday.
The Made-in-Cambodia bicycles have been exported to the European Union, the United Kingdom, the United States, Canada, Japan, and China, among others.
Cambodia is the top player in the Association of Southeast Asian Nations (ASEAN) in terms of bicycle export.
- AKP
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- Posts: 62434
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Re: Bicycle Business, Cambodia
Cambodia’s Bicycle Export Bags US$330 Million in H1
AKP Phnom Penh, July 14, 2023 --
Cambodia exported US$331 million worth of bicycles to foreign markets in the first six months of 2023, a year-on-year drop of 30.5 percent, according to a Ministry of Commerce's report.
Made-in-Cambodia bicycles were shipped to the European Union, the United States of America, Britain, Canada, Japan and China, among others, the ministry stated.
Cambodia is one of the top five exporters of bicycles in the world after China, the Netherlands and Germany.
Bicycle has become a main exported product of Cambodia along with clothes, footwear, travel goods, electronic components, and agricultural products.
H.E. Heng Sokkung, Secretary of State at the Ministry of Industry, Science, Technology and Innovation, said that industrial product diversification is being made as demand and orders of non-garment products have been on the rise.
“The bicycle manufacturing industry made significant export to many countries, particularly to the EU, where our bicycles are popular,” he said.
There are currently five bicycle factories in this Southeast Asian country, all are situated in special economic zones in Svay Rieng province's Bavet city at the border with Vietnam.
- AKP
AKP Phnom Penh, July 14, 2023 --
Cambodia exported US$331 million worth of bicycles to foreign markets in the first six months of 2023, a year-on-year drop of 30.5 percent, according to a Ministry of Commerce's report.
Made-in-Cambodia bicycles were shipped to the European Union, the United States of America, Britain, Canada, Japan and China, among others, the ministry stated.
Cambodia is one of the top five exporters of bicycles in the world after China, the Netherlands and Germany.
Bicycle has become a main exported product of Cambodia along with clothes, footwear, travel goods, electronic components, and agricultural products.
H.E. Heng Sokkung, Secretary of State at the Ministry of Industry, Science, Technology and Innovation, said that industrial product diversification is being made as demand and orders of non-garment products have been on the rise.
“The bicycle manufacturing industry made significant export to many countries, particularly to the EU, where our bicycles are popular,” he said.
There are currently five bicycle factories in this Southeast Asian country, all are situated in special economic zones in Svay Rieng province's Bavet city at the border with Vietnam.
- AKP
Join the Cambodia Expats Online Telegram Channel: https://t.me/CambodiaExpatsOnline
Cambodia Expats Online: Bringing you breaking news from Cambodia before you read it anywhere else!
Have a story or an anonymous news tip for CEO? Need advertising? CONTACT US
Cambodia Expats Online is the most popular community in the country. JOIN TODAY
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Cambodia Expats Online: Bringing you breaking news from Cambodia before you read it anywhere else!
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