According to the latest figures from Cambodia’s Ministry of Industry, Science, Technology and Innovation, the country’s bicycle and electric bicycle exports reached approximately US$408.5 million in the first eight months of 2025, up nearly 46% from US$279 million in the same period last year.
The figures indicate that Cambodia has been Europe’s largest bicycle supplier since 2020, accounting for 24% of total EU imports, compared with 17% for mainland China and 11% for Taiwan, China. Industry observers regard competitive prices and quality as the main drivers of Cambodia’s continued bicycle export growth.
Cambodian bicycles are currently exported mainly to the United States, Germany, the United Kingdom, Japan, China and ASEAN countries. Markets also include Belgium, the Netherlands, Austria, Sweden, Denmark, Australia, the Czech Republic, Italy, Colombia, South Korea, Spain and Canada.
Cambodia has five major bicycle export enterprises: Evergrand Bicycle (Cambodia), Speedtech Industrial Co., Ltd, Smart Tech (Cambodia) Co., Ltd, A and J (Cambodia) Co., Ltd and XDS Bicycle (Cambodia) Co., Ltd. To expand capacity, the Council for the Development of Cambodia approved a US$7.2 million investment by Lingrich Bicycle (Cambodia) Co., Ltd in April 2024 to build a factory for bicycles, electric bicycles and components in the Tai Seng Bavet Special Economic Zone.
Experts say increased capacity and expanding export markets could help Cambodia’s bicycle industry maintain strong growth and consolidate its competitiveness in the global market.
Compiled report by this station
