Logo of Phnom Penh Post newspaper Phnom Penh Post - Bicycle exports climbing in response to international demand

Bicycle exports climbing in response to international demand

Content image - Phnom Penh Post
This year’s total bicycle exports is on track to outstrip the $412.5 million exported in 2019. POST STAFF

Bicycle exports climbing in response to international demand

Cambodian bicycle exports totalled $241.7 million during the first half of 2020, according to data from the General Department of Customs and Excise of Cambodia.

At that rate, this year’s total bicycle exports could surpass the $412.5 million exported in 2019. In 2018, bicycle exports totalled $331 million.

More than half of the 1.1 million bicycles exported during the first half of 2020 were sent to the EU. Other destinations for the bicycles included the US, Britain and Japan, according to data obtained by The Post.

Cambodia imported 192,397 bicycles totalling $4.34 million during the same period, Customs data showed.

According to a National Bank of Cambodia (NBC) report, in the first half of 2020, Cambodia’s total equalled over $7.01 billion, an increase of nearly three per cent compared to the same period last year. Bicycle exports increased by 18 per cent.

Hong Vanak, a researcher at the Royal Academy of Cambodia, told The Post on Monday that while Covid-19 affected Cambodia’s export-oriented manufacturing sectors, the bicycle export market did not decline.

However, the growth of bicycle exports would not be able to contribute much to sustaining national economic growth, he said.

He said the market could reach saturation and Cambodia would be well advised to diversify and increase agricultural exports to ensure the long-term health of the export sector.

Lim Heng, vice-president of the Cambodian Chamber of Commerce, recently told The Post that in the age of social distancing and a renewed focus on health, cycling has seen a surge in demand.

He said favourable investment laws and an abundance of young workers will make bicycle assembly plants in Cambodia an attractive investment.

“The [upward] trend of bicycle exports is a very positive sign this year compared to last year,” he said.

According to Heng, most bicycle assembly plants in Cambodia are owned by Taiwanese investors and located within the Bavet Special Economic Zone in Bavet town, Svay Rieng province.


  • Hungarian exposes 90 to Covid in Siem Reap

    The Ministry of Health has discovered 90 people who have been exposed directly or indirectly to a Hungarian man infected with Covid-19. They all are required to quarantine at home and the hospital. The ministry is searching for other affected people. Among the 90, one is the

  • PM warns of ‘new Cold War’

    Prime Minister Hun Sen said the possibility of a so-called new Cold War has become a significant concern and that all countries have to reject outright, any attempt to allow history to tragically repeat itself. He made the remarks in a speech during 75th Session

  • PM: West unfair to Cambodia

    Prime Minister Hun Sen released a message celebrating the International Day of Peace on Monday, saying that some major powers and western countries had been systemically cooperating to put political pressure on Cambodia as they did in the 1970s and 1980s. Hun Sen said pressuring

  • ‘Bad news is an investor’s best friend’ – unlocking investment potential in Cambodia

    It is time to shop. Economic woes provide good pickings for investors if they know where to look The poem If, written by English Nobel laureate poet and novelist Rudyard Kipling for his son circa 1895, is widely perceived as fatherly advice for John who would

  • PM requests Russia’s Covid vaccine

    Prime Minister Hun Sen has requested that Russia provide Cambodia with its Covid-19 vaccine after the former announced it planned on mass vaccinating its population next month. The request came on Thursday through the prime minister’s Facebook page as he met with Anatoly Borovik,

  • First ‘mobile kitchen’ in Cambodia enters service

    A catering company recently rolled out Cambodia’s first “mobile kitchen” – a $50,000 container capable of serving up to 200 people at a time. The kitchen is the brainchild of Seng Hok Heng Catering Services. At 4.4m-high, 6.8m-long and 2.4m-wide (expandable to 6.8m), the kitchen is equipped