Positive outlook for Cambodia’s bicycle exports

Although economic activities have taken a hit around the world during the ongoing Covid-19 pandemic, Cambodia has continued to pedal forward with record numbers of bicycles being exported.

The country exported almost half a million bicycles worth about US$119 million (RM512 million) in the first quarter of this year, more than US$10 million (RM43.63 million) over the same period last year.

Cambodia Chamber of Commerce vice-president Lim Heng told The Phnom Penh Post that exports of locally assembled bicycles can only gain traction as traffic and health concerns force people to reconsider their primary means of transportation.

In full: https://www.nst.com.my/world/region/2020/05/595098/positive-outlook-cambodias-bicycle-exports

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