Cambodia’s export to EU skyrockets

Despite the depressed market conditions throughout Europe in 2013 Cambodia’s export to the EU skyrocketed. The country is well under way to take over Taiwan’s leading position in bike export to Europe.

Between January and October 2013 Cambodia’s bike export showed a huge increase of no less than 55% to 1,211,654 exported units. Cambodia is now the second biggest bicycle exporter to Europe after Taiwan. Europe’s latest import statistics also show that the number one bike supplier for Europe, Taiwan is quickly losing ground. …

Jack Oortwijn