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

Mark Morris Dance Group's Khmer Triumph

The world renowned Mark Morris Dance Group swirled into the Kingdom to perform and share their knowledge with local dancers as part of the US State Department's Dance Motion USA program.

Paris Peace Agreements

Anniversary met with animosity

Anti-Vietnamese sentiment strong at commemoration of Paris Peace Agreements.

Veterans

Veterans short-changed

Former soldiers, many disabled, travel far to the capital in their almost decade long battle to regain lands promised to them in return for defecting from the Khmer Rouge.