Bicycles Exports by Country

Bicycling collaboratively

Bicycling collaboratively

International sales from bicycles exports by country totaled US$8.9 billion in 2017.

Overall the value of exported bicycles fell by an average -3.5% for all exporting countries since 2013 when bicycles shipments were valued at $9.3 billion. Year over year, exports of bicycles appreciated by 0.5% from 2016 to 2017.

Among continents, Asian countries accounted for the highest dollar worth of exported bicycles during 2017 with shipments valued at $5.3 billion or 59.6% of the global total. Well over a third (38.3%) was shipped by European exporters. Much smaller percentages came from North America (1.3%), Africa (0.5%), Latin America excluding Mexico but including the Caribbean (0.14%) and Oceania (0.06%).

The 4-digit Harmonized Tariff System code prefix is 8712 for non-motorized bicycles (and other cycles including delivery tricycles).

Bicycles Exports by Country

Countries

Below are the 15 countries that exported the highest dollar value worth of bicycles during 2017:

  1. China: US$3.1 billion (35.2% of total bicycles exports)
  2. Taiwan: $1.3 billion (15.1%)
  3. Netherlands: $807.6 million (9%)
  4. Germany: $666.3 million (7.4%)
  5. Cambodia: $409.2 million (4.6%)
  6. Portugal: $247.2 million (2.8%)
  7. Hungary: $236.3 million (2.6%)
  8. Italy: $228.6 million (2.6%)
  9. Belgium: $221.3 million (2.5%)
  10. Spain: $136.7 million (1.5%)
  11. Poland: $135.7 million (1.5%)
  12. France: $126.2 million (1.4%)
  13. Bulgaria: $122.4 million (1.4%)
  14. United Kingdom: $94 million (1.1%)
  15. Austria: $88.3 million (1%)

The listed 15 countries shipped 89.6% of global bicycles exports in 2017 by value.

Among the above countries, the fastest-growing bicycles exporters since 2013 were: Hungary (up 73.9%), Poland (up 55.8%), Portugal (up 42.7%) and Cambodia (up 33.5%).

Those countries that posted declines in their exported bicycles sales were led by: Spain (down -26.4%), Taiwan (down -22.7%), Belgium (down -19.7%), Austria (down -17%) and Italy (down -10.2%).

Advantages

The following countries posted the highest positive net exports for bicycles during 2017. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported bicycles and its import purchases for that same commodity.

  1. China: US$3.1 billion (net export surplus down -1.7% since 2012)
  2. Taiwan: $1.5 billion (down -21.1%)
  3. Cambodia: $405 million (up 122.7%)
  4. Netherlands: $343.5 million (up 30.3%)
  5. Portugal: $223.6 million (up 57.2%)
  6. Hungary: $177.3 million (up 104.2%)
  7. Bulgaria: $144.1 million (up 31.9%)
  8. Indonesia: $51.2 million (down -40.4%)
  9. Bangladesh: $50.6 million (down -53.7%)
  10. Romania: $44.2 million (down -32.4%)
  11. Italy: $42.3 million (up 125.1%)
  12. Poland: $41 million (up 49.9%)
  13. Tunisia: $40.9 million (up 12.3%)
  14. Sri Lanka: $35.1 million (down -11.9%)
  15. Turkey: $33.1 million (up 36.7%)

China has the highest surplus in the international trade of bicycles. In turn, this positive cashflow confirms strong Chinese competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for bicycles during 2017. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported bicycles purchases and its exports for that same commodity.

  1. United States: -US$1.3 billion (net export deficit down -4.4% since 2013)
  2. Japan: -$629 million (down -19%)
  3. United Kingdom: -$420.4 million (down -13.6%)
  4. France: -$298.7 million (up 30.9%)
  5. Canada: -$195.4 million (down -6.7%)
  6. Australia: -$192.1 million (down -25.3%)
  7. Switzerland: -$166.7 million (down -10.2%)
  8. South Korea: -$152.1 million (down -18.6%)
  9. Spain: -$141 million (up 91.5%)
  10. Denmark: -$98.3 million (down -32.3%)
  11. Iran: -$94.1 million (up 30,853%)
  12. Sweden: -$86.5 million (up 6.7%)
  13. Norway: -$82.6 million (down -25.7%)
  14. Belgium: -$76.8 million (up 51.5%)
  15. Russia: -$75.4 million (down -34%)

The United States of America incurred the highest deficit in the international trade of bicycles. In turn, this negative cashflow highlights America’s competitive disadvantage for this specific product category but also signals opportunities for bicycles-supplying countries that help satisfy the powerful demand.

Companies

Bicycles Exporting Companies

Below are global bicycles-processing conglomerates that represent established players engaged in the international bicycles trade. Their home country is shown within parenthesis.

  • ALAN (Italy)
  • Batavus (Netherlands)
  • Beistegui Hermanos S.A. (Spain)
  • Canyon Bicycles GmbH (Germany)
  • Cyfac (France)
  • Eddy Merckx (Belgium)
  • Flying Pigeon (China)
  • Gepida (Hungary)
  • Giant Manufacturing (Taiwan)
  • Kross SA (Poland)
  • Órbita – Bicicletas Portuguesas, Lda. (Portugal)
  • Phoenix Bicycles (China)
  • Puch (Austria)
  • Rowbike (United States)


 

Searchable List of Bicycles Exporting Countries

You can change the presentation order by clicking the triangle icon at the top of any of the columns below.

RankExporter2017 Bicycles Exports% World Total
1.ChinaUS$3.1 billion35.2%
2.Taiwan$1.3 billion15.1%
3.Netherlands$807.6 million9%
4.Germany$666.3 million7.4%
5.Cambodia$409.2 million4.6%
6.Portugal$247.2 million2.8%
7.Hungary$236.3 million2.6%
8.Italy$228.6 million2.6%
9.Belgium$221.3 million2.5%
10.Spain$136.7 million1.5%
11.Poland$135.7 million1.5%
12.France$126.2 million1.4%
13.Bulgaria$122.4 million1.4%
14.United Kingdom$94 million1.1%
15.Austria$88.3 million1%
16.United States$88.2 million1%
17.Romania$84.9 million0.9%
18.Bangladesh$81.2 million0.9%
19.Czech Republic$75.2 million0.8%
20.Indonesia$59.3 million0.7%
21.Thailand$53 million0.6%
22.Japan$45.4 million0.5%
23.Lithuania$42.7 million0.5%
24.Tunisia$38.2 million0.4%
25.Slovakia$37.7 million0.4%
26.Philippines$36.8 million0.4%
27.India$35.3 million0.4%
28.Vietnam$32.3 million0.4%
29.Sri Lanka$31.1 million0.3%
30.Turkey$30.2 million0.3%
31.Canada$26.7 million0.3%
32.Sweden$15.3 million0.2%
33.Denmark$15.1 million0.2%
34.Chile$9.9 million0.1%
35.Singapore$8.2 million0.1%
36.Malaysia$7.6 million0.1%
37.South Africa$7.4 million0.1%
38.Serbia$7.4 million0.1%
39.Russia$6.5 million0.1%
40.Hong Kong$5.1 million0.1%
41.Slovenia$4.9 million0.1%
42.Switzerland$4.8 million0.1%
43.Norway$4.7 million0.1%
44.Australia$4.7 million0.1%
45.Greece$4.7 million0.1%
46.Croatia$4.4 million0.05%
47.South Korea$2.6 million0.03%
48.Latvia$2.5 million0.03%
49.Finland$2.1 million0.02%
50.Ireland$2 million0.02%
51.Belarus$1.6 million0.02%
52.Andorra$1.5 million0.02%
53.Estonia$1.2 million0.01%
54.Mexico$972,0000.01%
55.Brazil$859,0000.01%
56.United Arab Emirates$792,0000.01%
57.Panama$663,0000.01%
58.Cameroon$464,0000.01%
59.Saudi Arabia$414,0000.005%
60.Colombia$395,0000.004%
61.New Zealand$345,0000.004%
62.Luxembourg$262,0000.003%
63.Namibia$232,0000.003%
64.Mauritius$182,0000.002%
65.Kazakhstan$151,0000.002%
66.Israel$135,0000.002%
67.Togo$129,0000.001%
68.Peru$120,0000.001%
69.Kenya$119,0000.001%
70.Haiti$103,0000.001%
71.Guatemala$100,0000.001%
72.Moldova$95,0000.001%
73.Kuwait$92,0000.001%
74.Costa Rica$74,0000.001%
75.Dominican Republic$62,0000.001%
76.Uganda$53,0000.001%
77.Egypt$48,0000.001%
78.Venezuela$38,0000.0004%
79.Anguilla$37,0000.0004%
80.Cyprus$36,0000.0004%
81.North Korea$35,0000.0004%
82.Tanzania$28,0000.0003%
83.Pakistan$27,0000.0003%
84.Lebanon$26,0000.0003%
85.Ukraine$24,0000.0003%
86.Macedonia$24,0000.0003%
87.Seychelles$23,0000.0003%
88.Paraguay$23,0000.0003%
89.Swaziland$21,0000.0002%
90.Qatar$18,0000.0002%
91.Zambia$18,0000.0002%
92.Bahamas$17,0000.0002%
93.Antigua/Barbuda$17,0000.0002%
94.Bosnia/Herzegovina$16,0000.0002%
95.Cayman Islands$16,0000.0002%
96.Honduras$16,0000.0002%
97.Ecuador$15,0000.0002%
98.Botswana$15,0000.0002%
99.Turks/Caicos Is$15,0000.0002%
100.Myanmar (Burma)$13,0000.0001%
101.Malawi$13,0000.0001%
102.Jordan$13,0000.0001%
103.Bhutan$10,0000.0001%
104.Belize$9,0000.0001%
105.Morocco$9,0000.0001%
106.Curaçao$8,0000.0001%
107.Mozambique$7,0000.0001%
108.Kyrgyzstan$7,0000.0001%
109.Suriname$5,0000.0001%
110.Afghanistan$4,0000.00004%
111.Grenada$4,0000.00004%
112.French Polynesia$4,0000.00004%
113.El Salvador$3,0000.00003%
114.Azerbaijan$3,0000.00003%
115.Argentina$3,0000.00003%
116.Cabo Verde$3,0000.00003%
117.Malta$3,0000.00003%
118.Turkmenistan$3,0000.00003%
119.Syria$2,0000.00002%
120.US Minor Outlying Is$2,0000.00002%
121.Côte d'Ivoire$2,0000.00002%
122.Iceland$2,0000.00002%
123.Aruba$2,0000.00002%
124.Brunei Darussalam$2,0000.00002%
125.Equatorial Guinea$2,0000.00002%
126.Ghana$2,0000.00002%
127.Georgia$1,0000.00001%
128.Fiji$1,0000.00001%
129.Cuba$1,0000.00001%
130.Congo$1,0000.00001%
131.Nauru$1,0000.00001%
132.Nepal$1,0000.00001%
133.Nicaragua$1,0000.00001%
134.Papua New Guinea$1,0000.00001%
135.Saint Lucia$1,0000.00001%
136.Jamaica$1,0000.00001%
137.Madagascar$1,0000.00001%
138.Trinidad/Tobago$1,0000.00001%
139.Sudan$1,0000.00001%
140.Zimbabwe$1,0000.00001%
141.Uzbekistan$1,0000.00001%


See also China’s Top 10 Exports and China’s Top Trading Partners

Research Sources:
The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on June 6, 2018

Trade Map, International Trade Centre. Accessed on June 6, 2018

Investopedia, Net Exports Definition. Accessed on June 6, 2018

Wikipedia, List of bicycle brands and manufacturing companies. Accessed on June 6, 2018