Lao
This article was added by the user . TheWorldNews is not responsible for the content of the platform.

Cambodia earns 966 mln USD from bicycle export in 2022

PHNOM PENH, Jan. 30 (Xinhua) -- Cambodian exports of bicycles to international markets hit 966 million U.S. dollars in 2022, up 48 percent from 651 million dollars in the year before, said a Ministry of Commerce report released on Monday.

The Ministry of Commerce's Undersecretary of State and Spokesman Penn Sovicheat said the bicycles had been shipped to more than 50 countries and regions including the European Union, Britain, the United States, Canada, Japan and China.

"Bicycles have become one of our main manufacturing products for exports after clothes, shoes, and travel goods," he told Xinhua.

According to the spokesman, Cambodia is the top player in the Association of Southeast Asian Nations in terms of bicycle exports.

Currently, five bicycle factories are operating in Cambodia, all located in special economic zones in Bavet city in southeastern Svay Rieng province.