The overall value of exported bicycles fell by an average -7.1% for all exporting countries since 2015 when worldwide shipments of bicycles were valued at $9.6 billion. Year over year, exports of bicycles dropped by -3.1% from 2018 to 2019.
Among continents, suppliers in Asian countries sold the highest dollar worth of exported bicycles during 2019 with shipments valued at $5.3 billion or 59.3% of the global total. Well over a third (38.7%) 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.
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 2019.
- China: US$2.9 billion (32.4% of total exported bicycles)
- Taiwan: $1.4 billion (15.3%)
- Netherlands: $801.8 million (9%)
- Germany: $658.3 million (7.4%)
- Cambodia: $483.3 million (5.4%)
- Portugal: $268.2 million (3%)
- Italy: $263.3 million (3%)
- Belgium: $229.9 million (2.6%)
- Poland: $176.8 million (2%)
- United Kingdom: $137.4 million (1.5%)
- Bulgaria: $137.3 million (1.5%)
- France: $133.1 million (1.5%)
- Spain: $126.4 million (1.4%)
- Czech Republic: $109.6 million (1.2%)
- Romania: $103.4 million (1.2%)
By value, the listed 15 countries shipped 88.5% of bicycles globally exported in 2019.
Among the top exporters, the fastest-growing exporters of bicycles since 2015 were: Cambodia (up 140.1%), Poland (up 66.9%), Romania (up 60%) and Italy (up 40.4%).
Four countries posted declines in their exported bicycles sales: Taiwan (down -28.6%), China (down -18.1%), Bulgaria (down -3.6%) and the Netherlands (down -2.9%).
Advantages
The following countries posted the highest positive net exports for bicycles during 2019. 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$2.9 billion (net export surplus, down -17.1% since 2015)
- Taiwan: $1.3 billion (down -28.4%)
- Cambodia: $471.4 million (up 147.6%)
- Portugal: $242.6 million (up 31.6%)
- Bulgaria: $133.2 million (down -5.3%)
- Netherlands: $108.5 million (down -71%)
- Italy: $102 million (up 351.7%)
- Romania: $77.1 million (up 54.8%)
- Lithuania: $66.8 million (up 19.5%)
- Poland: $66.1 million (up 116.8%)
- Bangladesh: $62.2 million (down -41.8%)
- Turkey: $41.8 million (down -5.4%)
- Sri Lanka: $29.3 million (down -10.8%)
- Tunisia: $27.8 million (down -26.1%)
- Czech Republic: $18.8 million (down -42.6%)
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 2019. 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$1.2 billion (net export deficit, down -26.8% since 2015)
- Japan: -$609.5 million (down -15.1%)
- United Kingdom: -$356.9 million (down -29.9%)
- France: -$266.7 million (up 10.8%)
- Canada: -$233.3 million (down -2.3%)
- Australia: -$192.2 million (down -12.6%)
- Switzerland: -$168.8 million (down -6.9%)
- Austria: -$143.4 million (up 637%)
- Spain: -$143.4 million (down -7.5%)
- Belgium: -$134.9 million (up 96%)
- Germany: -$134.2 million (up 9.7%)
- South Korea: -$107.5 million (down -56.1%)
- Russia: -$98.5 million (up 28.8%)
- Denmark: -$93.3 million (down -10.3%)
- Sweden: -$86.6 million (down -4.3%)
The United States of America incurred the highest deficit in the international trade of bicycles. In turn, this negative cashflow highlights America’s competitive disadvantage for this specific product category but also signals opportunities for bicycles-supplying countries that help satisfy the powerful demand.
Companies
Bicycles Exporting Companies
Below are global bicycles-processing conglomerates that represent established players engaged in the international bicycles trade. Their home country is shown within parenthesis.
- ALAN (Italy)
- Batavus (Netherlands)
- Beistegui Hermanos S.A. (Spain)
- Canyon Bicycles GmbH (Germany)
- Cyfac (France)
- Eddy Merckx (Belgium)
- Flying Pigeon (China)
- Gepida (Hungary)
- Giant Manufacturing (Taiwan)
- Kross SA (Poland)
- Órbita – Bicicletas Portuguesas, Lda. (Portugal)
- Phoenix Bicycles (China)
- Puch (Austria)
- Rowbike (United States)
Searchable List of Bicycles Exporting Countries in 2019
You can change the presentation order by clicking the triangle icon at the top of any of the columns below. An entry of 0% in the right-most column means that 2019 data was unavailable.
| Rank | Exporter | Exported Bicycles (US$) | 2018-9 |
|---|---|---|---|
| 1. | China | $2,880,681,000 | -12.3% |
| 2. | Taiwan | $1,365,712,000 | -8.9% |
| 3. | Netherlands | $801,847,000 | +7% |
| 4. | Germany | $658,344,000 | +7.5% |
| 5. | Cambodia | $483,273,000 | +28.5% |
| 6. | Portugal | $268,186,000 | -4.4% |
| 7. | Italy | $263,288,000 | +11% |
| 8. | Belgium | $229,864,000 | -0.9% |
| 9. | Poland | $176,753,000 | +7.9% |
| 10. | United Kingdom | $137,400,000 | +34.7% |
| 11. | Bulgaria | $137,346,000 | -5.2% |
| 12. | France | $133,051,000 | -16.9% |
| 13. | Spain | $126,405,000 | -23.9% |
| 14. | Czech Republic | $109,583,000 | -2.3% |
| 15. | Romania | $103,353,000 | -2.3% |
| 16. | United States | $102,570,000 | +5.7% |
| 17. | Indonesia | $93,172,000 | +14.8% |
| 18. | Bangladesh | $92,420,000 | +15% |
| 19. | Austria | $75,969,000 | +6.1% |
| 20. | Lithuania | $75,667,000 | +8.6% |
| 21. | Vietnam | $51,800,000 | +88.7% |
| 22. | Sri Lanka | $51,120,000 | +1.5% |
| 23. | Japan | $49,428,000 | +5.7% |
| 24. | Turkey | $48,889,000 | +29.1% |
| 25. | India | $46,421,000 | -0.4% |
| 26. | Thailand | $43,520,000 | +3.7% |
| 27. | Slovakia | $43,442,000 | -11.5% |
| 28. | Philippines | $39,080,000 | +50.8% |
| 29. | Tunisia | $30,574,000 | +2.3% |
| 30. | Singapore | $23,587,000 | +106.5% |
| 31. | Sweden | $21,132,000 | +8.4% |
| 32. | Canada | $19,393,000 | -30% |
| 33. | Denmark | $14,740,000 | -16.1% |
| 34. | Serbia | $10,269,000 | +3.4% |
| 35. | Russia | $10,115,000 | +27% |
| 36. | Hungary | $9,379,000 | -56.3% |
| 37. | Greece | $8,189,000 | +41.7% |
| 38. | Malaysia | $5,957,000 | +1.4% |
| 39. | Switzerland | $5,712,000 | -9.1% |
| 40. | Croatia | $5,350,000 | +12.9% |
| 41. | Norway | $4,722,000 | +4.5% |
| 42. | Slovenia | $4,710,000 | -6.6% |
| 43. | South Africa | $4,692,000 | -9.4% |
| 44. | Australia | $4,688,000 | -20.6% |
| 45. | Brazil | $3,907,000 | +258.8% |
| 46. | Belarus | $3,609,000 | -29.9% |
| 47. | South Korea | $3,332,000 | -11.1% |
| 48. | Estonia | $2,341,000 | +3.6% |
| 49. | Finland | $2,198,000 | -5% |
| 50. | Andorra | $1,833,000 | +15.9% |
| 51. | Ireland | $1,821,000 | +17.2% |
| 52. | Latvia | $1,560,000 | +26.5% |
| 53. | Hong Kong | $1,170,000 | -62.8% |
| 54. | New Zealand | $593,000 | +179.7% |
| 55. | Luxembourg | $569,000 | +33.9% |
| 56. | Panama | $493,000 | -36.7% |
| 57. | United Arab Emirates | $358,000 | -96.5% |
| 58. | Uruguay | $352,000 | +220% |
| 59. | Mauritius | $333,000 | +11,000% |
| 60. | Bosnia/Herzegovina | $243,000 | +1,636% |
| 61. | Israel | $235,000 | -79.3% |
| 62. | Kazakhstan | $218,000 | -34.1% |
| 63. | British Virgin Islands | $203,000 | +6,667% |
| 64. | Bermuda | $200,000 | +31.6% |
| 65. | Mexico | $162,000 | -83.6% |
| 66. | Peru | $162,000 | -56.5% |
| 67. | Morocco | $152,000 | +2,071% |
| 68. | Costa Rica | $148,000 | +24.4% |
| 69. | Guinea-Bissau | $139,000 | 0% |
| 70. | Chile | $89,000 | -72% |
| 71. | Tajikistan | $68,000 | 0% |
| 72. | Colombia | $67,000 | -72.2% |
| 73. | Moldova | $63,000 | +65.8% |
| 74. | Zambia | $63,000 | -3.1% |
| 75. | Ukraine | $62,000 | +37.8% |
| 76. | Guatemala | $56,000 | +43.6% |
| 77. | Ghana | $54,000 | -63% |
| 78. | Namibia | $46,000 | -73.1% |
| 79. | Mozambique | $33,000 | +13.8% |
| 80. | Aruba | $30,000 | +25% |
| 81. | Pakistan | $28,000 | -68.9% |
| 82. | Myanmar | $27,000 | 0% |
| 83. | Bahamas | $21,000 | +61.5% |
| 84. | Azerbaijan | $21,000 | +16.7% |
| 85. | Ivory Coast | $16,000 | 0% |
| 86. | Suriname | $16,000 | 0% |
| 87. | Iran | $14,000 | -82.9% |
| 88. | North Korea | $14,000 | -46.2% |
| 89. | El Salvador | $13,000 | +85.7% |
| 90. | Uzbekistan | $12,000 | +1,100% |
| 91. | Kenya | $11,000 | -90.6% |
| 92. | Georgia | $9,000 | +12.5% |
| 93. | Seychelles | $9,000 | +800% |
| 94. | Zimbabwe | $8,000 | 0% |
| 95. | Malta | $7,000 | -53.3% |
| 96. | Qatar | $7,000 | +75% |
| 97. | Curaçao | $6,000 | -71.4% |
| 98. | Botswana | $6,000 | -90% |
| 99. | Belize | $6,000 | -64.7% |
| 100. | Cameroon | $6,000 | -25% |
| 101. | Angola | $5,000 | -78.3% |
| 102. | Antigua/Barbuda | $5,000 | 0% |
| 103. | Mongolia | $5,000 | 0% |
| 104. | Venezuela | $5,000 | -79.2% |
| 105. | Sudan | $4,000 | 0% |
| 106. | Montenegro | $4,000 | +300% |
| 107. | French Polynesia | $4,000 | +300% |
| 108. | Cyprus | $3,000 | -57.1% |
| 109. | Honduras | $3,000 | 0% |
| 110. | Syria | $3,000 | -40% |
| 111. | Tanzania | $2,000 | -98.3% |
| 112. | Egypt | $2,000 | 0% |
| 113. | Burkina Faso | $2,000 | -50% |
| 114. | Dominican Republic | $2,000 | -98.5% |
| 115. | Brunei Darussalam | $2,000 | +100% |
| 116. | Jamaica | $2,000 | 0% |
| 117. | Marshall Islands | $2,000 | 0% |
| 118. | Oman | $2,000 | -99.4% |
| 119. | Paraguay | $2,000 | -50% |
| 120. | Saint Helena | $1,000 | 0% |
| 121. | Saint Kitts/Nevis | $1,000 | 0% |
| 122. | Anguilla | $1,000 | 0% |
| 123. | Nicaragua | $1,000 | -92.9% |
| 124. | Jordan | $1,000 | 0% |
| 125. | Lebanon | $1,000 | -87.5% |
| 126. | Madagascar | $1,000 | 0% |
| 127. | Malawi | $1,000 | -83.3% |
| 128. | Albania | $1,000 | 0% |
| 129. | Bahrain | $1,000 | -99.6% |
| 130. | Equatorial Guinea | $1,000 | 0% |
| 131. | French S./Antarctic Terr | $1,000 | 0% |
| 132. | US Minor Outlying Is | $1,000 | 0% |
| 133. | North Macedonia | $1,000 | -80% |
| 134. | Togo | $1,000 | -91.7% |
| 135. | Senegal | $1,000 | 0% |
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 May 25, 2020
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 25, 2020
International Trade Centre, Trade Map. Accessed on May 25, 2020
Investopedia, Net Exports Definition. Accessed on May 25, 2020
Wikipedia, List of bicycle brands and manufacturing companies. Accessed on May 25, 2020
