Cambodia’s bicycle export down 43% in Q1

Cambodia’s bicycle export fell 43 per cent year on year in the first quarter of 2024, said a General Department of Customs and Excise’s report on Tuesday (April 16).

The South-East Asian country exported bicycles, including electric bicycles, worth US$96.9 million during the January-March period this year, a decrease of 43 per cent from $170 million over the same period 2023.

Ministry of Commerce’s Secretary of State and spokesperson Penn Sovicheat said the made-in-Cambodia bicycles had been shipped mainly to European countries, the United States, Britain and Canada, among others.

In full: https://www.thestar.com.my/aseanplus/aseanplus-news/2024/04/16/cambodia039s-bicycle-export-down-43-in-q1

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