PHNOM PENH, Cambodia - As a long-term bicycle exporter, Cambodia is now rapidly expanding its production of e-bikes for overseas markets. The bicycle factories in the special economic zones (SEZs) in Bavet City seem to have survived the drop in exports since 2023 and are now stepping into the e-bike market as well.
BRUSSELS, Belgium - Bicycles and their components will soon be traded between the European Union and Indonesia under a zero-tariff agreement, which would boost the flow of imports and exports from both sides. After nine years of negotiations, the European Union and Indonesia finalised the Comprehensive Economic Partnership Agreement (CEPA).
DHAKA, Bangladesh - The bicycle industry in Bangladesh is quickly recovering from a major slump in exports. In the last fiscal year from 1 July 2024 to 30 June 2025, the export value of bicycles increased by 41% from $83 million (€71.9 million) in 2023/2024 to $117 million (€101.3 million) last year. This data was released recently by the country's Export Promotion Bureau.
PHNOM PENH, Cambodia - Together, the five bicycle factories in Cambodia, which all located close to the border with Vietnam, have seen a revival of their export business in the first half of this year. Production had diminished in the past years due to the excess inventory in Europe and the US, in combination with the supply chain constraints.
PHNOM PENH, Cambodia - The slow recovery of the Cambodian bicycle export to the European Union prompted the country's five assemblers to look for new markets. The once leading importer of bicycles into the EU-27 is also facing fierce competition of other major bicycle exporting countries like China and Bangladesh.
DHAKA, Bangladesh - Known as a manufacturer of textiles, garments, lingerie and chemicals, Panam Group diversified into the production of bicycles a year ago. The company is keen to expand into newer sectors and found bicycle production and its exports a potential area thanks to the favourable duty structure for Bangladesh-based bicycle exporters to the European Union (EU).
