Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Bicycle export value up

Bicycle export value up

Cambodia's bike exports rose last year, reaching $300 million in value, Prime Minister Hun Sen announced yesterday.

Speaking at a trade conference in Phnom Penh, the prime minister was confident that Cambodia could maintain its current export rates in traditional markets while expanding into other industries.

“In 2013, the value of exports of garment products was more than $5 billion. Besides this, exports of footwear, bicycles, electronic equipment, rice and rubber are all among the new products that are strongly on the rise,” he said.

According to trade publication Bike Europe, Cambodia, helped by trade preferences, stood out in the first half of 2013 as one of the few nations to increase bicycle exports to the EU. While most bike-supplying countries to Europe saw a drop, Cambodia exported close to 800,000 units in the first six months of last year, up from 520,000 in the first half of 2012, Bike Europe reported.

0

Comments

Please, login or register to post a comment

Latest Video

garment protest

Global labour demonstration

Garment workers demanding a $177 minimum monthly wage take to the streets in Phnom Penh with support in cities across the world.

ONE FC

ONE FC hits the Kingdom

Three Cambodian fighters prepare for one of the biggest sporting events ever held in Phnom Penh.

techfest

Getting high tech in Phnom Penh

On Monday, creative, tech-savy Cambodians got together to exhibit Apps, drones and cameras helping tackle social, environmental and political issues in Cambodia at a USAID backed innovation show.

This month 20 years ago...

1994-08-26 07:00
Finance seeks to umpire insurers' row
1994-08-26 07:00
New fears as flood victims go home
1994-08-26 07:00
AKP tears into Thailand
1994-09-09 07:00
Thanks for the memories
1994-08-26 07:00
Judo aces ready for Games
1994-09-09 07:00
Vietnam president urges review of law