Bicycles Exports by Country

Bicycling collaboratively

Bicycling collaboratively

International sales for bicycles exports by country totaled US$9.2 billion in 2018.

Overall the value of exported bicycles fell by an average -2.5% for all exporting countries since 2014 when worldwide shipments of bicycles were valued at $9.5 billion. Year over year, exports of bicycles appreciated by 2.3% from 2017 to 2018.

Among continents, Asian countries sold the highest dollar worth of exported bicycles during 2018 with shipments valued at $5.7 billion or 61.7% of the global total. Well over a third (36.3%) was shipped by European exporters. Much smaller percentages came from North America (1.4%), Africa (0.4%), Latin America (0.1%) excluding Mexico but including the Caribbean, and Oceania (also 0.1%) led by Australia and New Zealand.

Technically 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 2018.

  1. China: US$3.3 billion (35.5% of total bicycles exports)
  2. Taiwan: $1.5 billion (16.2%)
  3. Netherlands: $765.4 million (8.3%)
  4. Germany: $608.3 million (6.6%)
  5. Cambodia: $446.3 million (4.8%)
  6. Portugal: $276 million (3%)
  7. Italy: $235 million (2.5%)
  8. Belgium: $207.6 million (2.2%)
  9. Spain: $166.1 million (1.8%)
  10. Poland: $161.2 million (1.7%)
  11. France: $160.7 million (1.7%)
  12. Bulgaria: $144.9 million (1.6%)
  13. Czech Republic: $111.8 million (1.2%)
  14. Romania: $105.8 million (1.1%)
  15. United Kingdom: $102 million (1.1%)

The listed 15 countries shipped 89.5% of global bicycles exports in 2018 by value.

Among the top exporters, the fastest-growing bicycles exporters since 2014 were: Cambodia (up 63,650%), Romania (up 60.9%), Poland (up 51.8%) and France (up 28%).

Those countries that posted declines in their exported bicycles sales were led by: Belgium (down -16.9%), Taiwan (down -14.4%), United Kingdom (down -10.5%), Italy (down -8.9%) and China (down -8.3%).

Advantages

The following countries posted the highest positive net exports for bicycles during 2018. 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$3.2 billion (net export surplus down -6.9% since 2014)
  2. Taiwan: $1.5 billion (down -13.9%)
  3. Cambodia: $434.7 million (reversing a -$13.1 million deficit)
  4. Portugal: $252.2 million (up 20.8%)
  5. Netherlands: $149.6 million (down -53%)
  6. Bulgaria: $142.5 million (down -0.1%)
  7. Italy: $96.8 million (up 11%)
  8. Romania: $78.6 million (up 53.2%)
  9. Lithuania: $61.8 million (up 25%)
  10. Poland: $54.6 million (up 51.7%)
  11. Bangladesh: $48.7 million (no 2014 data)
  12. Tunisia: $28.5 million (down -27.9%)
  13. Sri Lanka: $25.2 million (down -20.9%)
  14. Turkey: $25 million (down -42.5%)
  15. Slovakia: $24.6 million (up 367.5%)

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 2018. 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$1.5 billion (net export deficit up 5.4% since 2014)
  2. Japan: -$624.2 million (down -18.7%)
  3. United Kingdom: -$375.6 million (down -30.7%)
  4. France: -$329.9 million (up 39.6%)
  5. Canada: -$211.5 million (down -10.6%)
  6. Australia: -$199.6 million (down -15%)
  7. Switzerland: -$159.3 million (down -9.3%)
  8. Germany: -$149.1 million (up 118.9%)
  9. Spain: -$147.8 million (down -8.6%)
  10. South Korea: -$140.3 million (down -31.3%)
  11. Belgium: -$121.9 million (up 102.6%)
  12. Austria: -$115.4 million (up 277.3%)
  13. Russia: -$97.3 million (down -8.9%)
  14. Sweden: -$93.1 million (up 6.3%)
  15. Denmark: -$91.9 million (down -26.1%)

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 in 2018

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

RankExporterBicycles Exports (US$)%World Total
1.China$3.3 billion35.5%
2.Taiwan$1.5 billion16.2%
3.Netherlands$765.4 million8.3%
4.Germany$608.3 million6.6%
5.Cambodia$446.3 million4.8%
6.Portugal$276 million3%
7.Italy$235 million2.5%
8.Belgium$207.6 million2.2%
9.Spain$166.1 million1.8%
10.Poland$161.2 million1.7%
11.France$160.7 million1.7%
12.Bulgaria$144.9 million1.6%
13.Czech Republic$111.8 million1.2%
14.Romania$105.8 million1.1%
15.United Kingdom$102 million1.1%
16.United States$97 million1%
17.Indonesia$81.2 million0.9%
18.Bangladesh$81 million0.9%
19.Austria$73.9 million0.8%
20.Lithuania$69.9 million0.8%
21.Sri Lanka$49.9 million0.5%
22.Slovakia$49.4 million0.5%
23.Japan$46.8 million0.5%
24.India$46.4 million0.5%
25.Thailand$41.9 million0.5%
26.Turkey$37.9 million0.4%
27.Vietnam$35.7 million0.4%
28.Tunisia$31.6 million0.3%
29.Canada$27.6 million0.3%
30.Philippines$25.9 million0.3%
31.Hungary$21.4 million0.2%
32.Sweden$19.5 million0.2%
33.Denmark$18.4 million0.2%
34.Singapore$11.3 million0.1%
35.Serbia$10.1 million0.1%
36.Chile$9.9 million0.1%
37.Russia$8 million0.1%
38.Switzerland$6.3 million0.1%
39.Australia$5.9 million0.1%
40.Malaysia$5.9 million0.1%
41.Greece$5.8 million0.1%
42.Belarus$5.1 million0.1%
43.South Africa$5.1 million0.1%
44.Slovenia$5 million0.1%
45.Croatia$4.7 million0.1%
46.Norway$4.6 million0.05%
47.South Korea$3.7 million0.04%
48.Hong Kong$3.1 million0.03%
49.New Zealand$3.1 million0.03%
50.Finland$2.3 million0.02%
51.Estonia$2.3 million0.02%
52.Andorra$1.9 million0.02%
53.Ireland$1.6 million0.02%
54.Israel$1.1 million0.01%
55.Brazil$1.1 million0.01%
56.Mexico$990,0000.01%
57.Latvia$911,0000.01%
58.United Arab Emirates$614,0000.01%
59.Peru$372,0000.004%
60.Kazakhstan$331,0000.004%
61.Panama$322,0000.003%
62.Luxembourg$275,0000.003%
63.Colombia$241,0000.003%
64.Namibia$153,0000.002%
65.Bermuda$152,0000.002%
66.Ghana$146,0000.002%
67.Costa Rica$119,0000.001%
68.Tanzania$119,0000.001%
69.Uruguay$110,0000.001%
70.Pakistan$89,0000.001%
71.New Caledonia$74,0000.001%
72.Zambia$67,0000.001%
73.Botswana$50,0000.001%
74.Venezuela$49,0000.001%
75.Ukraine$45,0000.0005%
76.Iran$43,0000.0005%
77.Moldova$38,0000.0004%
78.Saudi Arabia$33,0000.0004%
79.Qatar$31,0000.0003%
80.Kenya$31,0000.0003%
81.Mozambique$29,0000.0003%
82.North Korea$26,0000.0003%
83.Eswatini$25,0000.0003%
84.Oman$18,0000.0002%
85.Belize$17,0000.0002%
86.Comoros$16,0000.0002%
87.Curaçao$16,0000.0002%
88.Ivory Coast$16,0000.0002%
89.Myanmar (Burma)$15,0000.0002%
90.Ecuador$15,0000.0002%
91.Bosnia/Herzegovina$14,0000.0002%
92.Cyprus$13,0000.0001%
93.Malta$13,0000.0001%
94.Cayman Islands$12,0000.0001%
95.Georgia$9,0000.0001%
96.Liberia$9,0000.0001%
97.Uganda$9,0000.0001%
98.Sierra Leone$8,0000.0001%
99.Lebanon$8,0000.0001%
100.Benin$8,0000.0001%
101.Cameroon$8,0000.0001%
102.El Salvador$7,0000.0001%
103.Guatemala$7,0000.0001%
104.Morocco$7,0000.0001%
105.Nepal$7,0000.0001%
106.Senegal$6,0000.0001%
107.Trinidad/Tobago$5,0000.0001%
108.Syrian Arab Republic$5,0000.0001%
109.Tokelau$5,0000.0001%
110.North Macedonia$5,0000.0001%
111.Mali$5,0000.0001%
112.Malawi$5,0000.0001%
113.Kyrgyzstan$5,0000.0001%
114.Fiji$5,0000.0001%
115.Gabon$4,0000.00004%
116.Brunei Darussalam$4,0000.00004%
117.Bahrain$4,0000.00004%
118.Antigua/Barbuda$4,0000.00004%
119.Kuwait$4,0000.00004%
120.Macao$4,0000.00004%
121.Paraguay$4,0000.00004%
122.Burkina Faso$4,0000.00004%
123.Uzbekistan$4,0000.00004%
124.Turks/Caicos Islands$3,0000.00003%
125.Montenegro$3,0000.00003%
126.Bahamas$3,0000.00003%
127.Afghanistan$3,0000.00003%
128.Armenia$3,0000.00003%
129.Dominican Republic$3,0000.00003%
130.Haiti$2,0000.00002%
131.Guinea$2,0000.00002%
132.Djibouti$2,0000.00002%
133.Bhutan$2,0000.00002%
134.Azerbaijan$2,0000.00002%
135.Nauru$2,0000.00002%
136.Aruba$2,0000.00002%
137.Nicaragua$2,0000.00002%
138.Mauritius$2,0000.00002%
139.Jamaica$2,0000.00002%
140.Iceland$1,0000.00001%
141.Jordan$1,0000.00001%
142.Barbados$1,0000.00001%
143.Congo$1,0000.00001%
144.French Polynesia$1,0000.00001%
145.French S./Antarctic Terr$1,0000.00001%
146.Guyana$1,0000.00001%
147.Greenland$1,0000.00001%
148.Grenada$1,0000.00001%
149.Honduras$1,0000.00001%
150.Anguilla$1,0000.00001%


See also Electric Cars Exports by Country, China’s Top 10 Exports and China’s Top Trading Partners

Research Sources:
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 18, 2019

Investopedia, Net Exports Definition. Accessed on May 18, 2019

The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on May 18, 2019

Trade Map, International Trade Centre. Accessed on May 14, 2019

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