The overall value of exported bicycles rose by an average 9.9% for all exporting countries since 2016 when worldwide shipments of bicycles were valued at $8.8 billion.
From 2019 to 2020, exports of bicycles appreciated by 12.1%.
The 5 biggest exporters of bicycles by country are China, Taiwan, Netherlands, Germany and Cambodia. Collectively, that cohort of supplying nations represent 72.2% of all exported bicycles sold on international markets during 2020. That percentage indicates a relatively concentrated set of competitors.
Among continents, providers in Asian countries sold the highest dollar worth of exported bicycles during 2020 with shipments valued at $6 billion or 61.9% of the global total. Well over a third (36.2%) was shipped by European exporters.
Smaller percentages came from North America (1.2%), Africa (0.5%), Latin America (0.1%) excluding Mexico but including the Caribbean, and Oceania (also 0.05%) led by Australia.
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 2020.
- China: US$3.7 billion (38.3% of total exported bicycles)
- Taiwan: $1.1 billion (11.7%)
- Netherlands: $849.7 million (8.8%)
- Germany: $759.3 million (7.9%)
- Cambodia: $529.7 million (5.5%)
- Portugal: $281 million (2.9%)
- Italy: $259.8 million (2.7%)
- France: $164.4 million (1.7%)
- Poland: $157.6 million (1.6%)
- Spain: $147 million (1.5%)
- United Kingdom: $135.1 million (1.4%)
- Bulgaria: $121.8 million (1.3%)
- Indonesia: $119.7 million (1.2%)
- Romania: $114.1 million (1.2%)
- Czech Republic: $113.6 million (1.2%)
By value, the listed 15 countries shipped 88.9% of global bicycles exported in 2020.
Among the top exporters, the fastest-growing bicycles exporters since 2019 were: Indonesia (up 33.7%), Cambodia (up 28.2%), China (up 28.1%) and France (up 23.6%).
Five countries posted declines in their exported bicycles sales, specifically: Taiwan (down -17.6%), Poland (down -10.9%), Bulgaria (down -9.8%), United Kingdom (down -1.6%) and Italy (down -1.2%).
Advantages
The following countries posted the highest positive net exports for bicycles during 2020. 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.
- China: US$3.7 billion (net export surplus up 28.1% since 2019)
- Taiwan: $1.1 billion (down -17.6%)
- Cambodia: $521.3 million (up 29.4%)
- Portugal: $246.7 million (up 2.2%)
- Bulgaria: $115.1 million (down -12.2%)
- Italy: $94.8 million (up 42.1%)
- Romania: $87.3 million (up 15.2%)
- Netherlands: $82 million (down -11.5%)
- Bangladesh: $75.6 million (up 21%)
- Vietnam: $72.3 million (up 138.5%)
- Poland: $60.3 million (down -8.8%)
- Lithuania: $52 million (down -22.2%)
- Turkey: $41.9 million (up 0.9%)
- Sri Lanka: $39.3 million (down -10.5%)
- Tunisia: $38.5 million (up 35.7%)
The People’s Republic of China generated 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 2020. 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.
- United States: -US$1.4 billion (net export deficit up 18.6% since 2019)
- Japan: -$599.4 million (down -1.7%)
- United Kingdom: -$391.1 million (up 9.3%)
- France: -$273 million (up 2.3%)
- Australia: -$227 million (up 18.1%)
- Canada: -$211.1 million (down -9.5%)
- Switzerland: -$198 million (up 17.3%)
- Austria: -$184.7 million (up 30.6%)
- South Korea: -$168.9 million (up 57.1%)
- Belgium: -$132.3 million (up 25.5%)
- Russia: -$110.9 million (up 12.6%)
- Spain: -$94.1 million (down -33.9%)
- Denmark: -$89.6 million (down -3.6%)
- Finland: -$76.8 million (up 17.8%)
- Malaysia: -$70.9 million (up 59.1%)
The United States of America incurred the highest deficit in the international trade of bicycles. In turn, this negative cashflow highlights America’s competitive disadvantage for this specific product category but also signals opportunities for bicycles-supplying countries that help satisfy the powerful demand.
Companies
Bicycles Exporting Companies
Below are global bicycles-processing conglomerates that represent established players engaged in the international bicycles trade. Their home country is shown within parenthesis.
- ALAN (Italy)
- Batavus (Netherlands)
- Beistegui Hermanos S.A. (Spain)
- Canyon Bicycles GmbH (Germany)
- Cyfac (France)
- Eddy Merckx (Belgium)
- Flying Pigeon (China)
- Gepida (Hungary)
- Giant Manufacturing (Taiwan)
- Kross SA (Poland)
- Órbita – Bicicletas Portuguesas, Lda. (Portugal)
- Phoenix Bicycles (China)
- Puch (Austria)
- Rowbike (United States)
Searchable List of Bicycles Exporting Countries in 2020
The 100 key exporters in the following automated database sold 99.968% of total international sales for bicycles during 2020.
| Rank | Exporter | Bicycle Exports (US$) | 2019-20 |
|---|---|---|---|
| 1. | China | $3,690,811,000 | +28.1% |
| 2. | Taiwan | $1,125,368,000 | -17.6% |
| 3. | Netherlands | $849,654,000 | +10.7% |
| 4. | Germany | $759,333,000 | +14.8% |
| 5. | Cambodia | $529,694,000 | +28.2% |
| 6. | Portugal | $280,975,000 | +3.8% |
| 7. | Italy | $259,806,000 | -1.2% |
| 8. | France | $164,415,000 | +23.6% |
| 9. | Poland | $157,551,000 | -10.9% |
| 10. | Spain | $147,025,000 | +19.5% |
| 11. | United Kingdom | $135,087,000 | -1.6% |
| 12. | Bulgaria | $121,776,000 | -9.8% |
| 13. | Indonesia | $119,747,000 | +33.7% |
| 14. | Romania | $114,110,000 | +12.2% |
| 15. | Czech Republic | $113,583,000 | +3.4% |
| 16. | Vietnam | $98,536,000 | +115.4% |
| 17. | Bangladesh | $97,519,000 | +5.1% |
| 18. | United States | $95,972,000 | -6.4% |
| 19. | Austria | $82,736,000 | +12.5% |
| 20. | Lithuania | $64,561,000 | -14.8% |
| 21. | Turkey | $53,261,000 | +8.6% |
| 22. | Belgium | $50,092,000 | +44.5% |
| 23. | Japan | $47,861,000 | -3.2% |
| 24. | India | $43,652,000 | -7.4% |
| 25. | Tunisia | $42,919,000 | +43.5% |
| 26. | Sweden | $41,877,000 | +69.3% |
| 27. | Slovakia | $40,131,000 | -5.9% |
| 28. | Sri Lanka | $39,423,000 | -10.9% |
| 29. | Singapore | $38,013,000 | +61.2% |
| 30. | Philippines | $37,824,000 | -3.2% |
| 31. | Thailand | $31,515,000 | -27.6% |
| 32. | Denmark | $20,286,000 | +34.7% |
| 33. | Canada | $17,929,000 | -7.5% |
| 34. | Serbia | $15,847,000 | +54.3% |
| 35. | Russia | $13,709,000 | +35.5% |
| 36. | Hungary | $11,086,000 | +8.1% |
| 37. | Estonia | $7,273,000 | +206.7% |
| 38. | Croatia | $7,188,000 | +36.1% |
| 39. | Switzerland | $6,463,000 | +13.1% |
| 40. | Malaysia | $6,422,000 | +7.8% |
| 41. | Greece | $6,094,000 | -25.6% |
| 42. | Belarus | $5,940,000 | +28.2% |
| 43. | Norway | $4,786,000 | +1.4% |
| 44. | South Africa | $4,147,000 | -11.6% |
| 45. | South Korea | $3,991,000 | +19.8% |
| 46. | Australia | $3,749,000 | -20% |
| 47. | Slovenia | $3,265,000 | -4% |
| 48. | Finland | $2,579,000 | +17.3% |
| 49. | Hong Kong | $1,927,000 | +64.7% |
| 50. | Mauritius | $1,785,000 | +436% |
| 51. | Latvia | $1,613,000 | +31.5% |
| 52. | Brazil | $1,535,000 | -60.7% |
| 53. | Panama | $1,513,000 | +53.4% |
| 54. | Ireland | $1,176,000 | -35.4% |
| 55. | Colombia | $1,105,000 | +750% |
| 56. | Mexico | $1,040,000 | +119.9% |
| 57. | United Arab Emirates | $991,000 | -90.7% |
| 58. | New Zealand | $666,000 | +12.3% |
| 59. | Andorra | $625,000 | -61.4% |
| 60. | Israel | $586,000 | +149.4% |
| 61. | Chile | $376,000 | +322.5% |
| 62. | Luxembourg | $370,000 | -32.7% |
| 63. | Morocco | $274,000 | +80.3% |
| 64. | British Virgin Islands | $267,000 | +30.9% |
| 65. | Ukraine | $205,000 | +180.8% |
| 66. | Bosnia/Herzegovina | $194,000 | -20.2% |
| 67. | Costa Rica | $179,000 | +20.9% |
| 68. | Tajikistan | $179,000 | +163.2% |
| 69. | Kenya | $165,000 | -76.6% |
| 70. | Zimbabwe | $116,000 | +1350% |
| 71. | Uzbekistan | $114,000 | +1529% |
| 72. | Ghana | $99,000 | -26.1% |
| 73. | Dominican Republic | $92,000 | -62.3% |
| 74. | Namibia | $61,000 | +32.6% |
| 75. | Moldova | $60,000 | -1.6% |
| 76. | Suriname | $52,000 | 0% |
| 77. | Guatemala | $51,000 | -8.9% |
| 78. | Rwanda | $50,000 | +19% |
| 79. | El Salvador | $45,000 | +246.2% |
| 80. | Ethiopia | $42,000 | -34.4% |
| 81. | Iran | $41,000 | +86.4% |
| 82. | Syrian Arab Republic | $40,000 | +11.1% |
| 83. | Kazakhstan | $38,000 | -82.6% |
| 84. | Botswana | $38,000 | +660% |
| 85. | Myanmar | $37,000 | 0% |
| 86. | Tanzania | $36,000 | -5.3% |
| 87. | Mozambique | $33,000 | 0% |
| 88. | Lebanon | $32,000 | +700% |
| 89. | Ivory Coast | $28,000 | 0% |
| 90. | Cameroon | $27,000 | +285.7% |
| 91. | Nicaragua | $25,000 | +316.7% |
| 92. | Sierra Leone | $25,000 | -84.5% |
| 93. | Egypt | $23,000 | +2200% |
| 94. | Azerbaijan | $23,000 | +9.5% |
| 95. | Togo | $20,000 | 0% |
| 96. | Zambia | $18,000 | -71.4% |
| 97. | Marshall Islands | $18,000 | +800% |
| 98. | Georgia | $17,000 | +88.9% |
| 99. | Uganda | $16,000 | -56.8% |
| 100. | Peru | $15,000 | -90.7% |
You can change the presentation order by clicking the triangle icon at the top of any of the columns above. An entry of 0% in the right-most column means that 2020 data was unavailable.
See also Electric Cars Exports by Country, China’s Top 10 Exports and China’s Top Trading Partners
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on July 26, 2021
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on July 26, 2021
International Trade Centre, Trade Map. Accessed on July 26, 2021
Investopedia, Net Exports Definition. Accessed on July 26, 2021
Wikipedia, List of bicycle brands and manufacturing companies. Accessed on July 26, 2021
