Which Country Exports the Most Bicycles in the World?

Bicycles And Invalid Carriages May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

In 2016, the amount of bike exported worldwide stood at 378K tonnes, coming down by -4.9% against the previous year level. In general, bike exports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2013, when export increased by 30% from the previous year level. Over the period under review, global bike exports reached its maximum volume of 546K tonnes in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

In value terms, bike exports totaled $7.5B in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value decreased at an average annual rate of -4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, bike exports decreased by -4.4% against its level of 2014. Global bike export peaked of $7.8B in 2014; however, from 2015 to 2016, it failed to regain its strength.

Top Bike Exporting Countries in the World

1. China (3,132.1 million USD)

2. Netherlands (831.6 million USD)

3. Germany (619.4 million USD)

4. Cambodia (345.4 million USD)

5. Portugal (243.8 million USD)

6. Belgium (207.3 million USD)

7. Italy (190.5 million USD)

8. Bulgaria (146.0 million USD)

9. Poland (115.5 million USD)

10. Bangladesh (84.5 million USD)

11. Romania (65.5 million USD)

12. Philippines (30.6 million USD)

Bike Exports By Country

China (129K tonnes) was the largest exporting country with an export of about 129K tonnes, which amounted to 34% of total exports. Cambodia (27K tonnes) ranks second globally in bike exports with a 7% share, following Portugal (6%), the Netherlands (6%), and Italy (5%). Germany (14K tonnes), Bulgaria (13K tonnes), Bangladesh (11K tonnes), the Philippines (9.1K tonnes), Belgium (8.5K tonnes), Poland (8.5K tonnes), and Romania (7K tonnes) followed a long way behind this figure.

Exports from China decreased at an average annual rate of -7.1% from 2007 to 2016. At the same time, Romania (+13.9%), Bulgaria (+7.4%), Portugal (+4.9%), and Cambodia (+14.6%) displayed positive paces of growth. Moreover, Romania emerged as the fastest growing importer/exporter in the world, with a CAGR of +13.9% from 2007-2016. Bangladesh, the Philippines, Italy, and Germany experienced a relatively flat trend pattern. By contrast, Poland (-6.6%), the Netherlands (-7.3%), and Belgium (-9.9%) illustrated a downward trend over the same period. From 2007 to 2016, the share of the Netherlands, China, Belgium, and Poland increased by 5%, 32%, 4%, and 2% percentage points, while Bulgaria (-1.6%), Portugal (-2.1%), and Cambodia (-5.0%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($3.1B) remains the largest bike supplier in the world, making up 42% of global exports. The second position in the ranking was occupied by the Netherlands ($832M), with the share of 11% of global exports. It was followed by Germany, with the share of 8%.

From 2007 to 2016, the average annual rate of growth in terms of value of bike exports in China stood at +4.1%. In the other countries, the average annual rates were as follows: the Netherlands (+9.8% per year) and Germany (+11.5% per year).

Bike Export Prices By Country

In 2016, the average export price for bike amounted to $20 per kg, going up by 3% against the previous year. Overall, it indicated a prominent increase from 2007 to 2016: the export price value increased at an average annual rate of +9.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, bike export price increased by +39.9% against its level of 2013. The most prominent rate of growth was recorded in 2008, when export price increased by 62% from the previous year level. Global bike export peaked in 2016, and is expected to retain its growth in the near future.

Export prices varied noticeably by country of destination. the country with the highest export prices was Germany ($45 per kg), while the Philippines ($3,376 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of bike export prices was attained by the Netherlands (+18.4% per year), while the other global leaders experienced mixed trends in the export price figures.

Do you want to know more about global bike market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • bike market share
  • bike prices
  • bike industry
  • bike sales
  • bike import
  • bike export
  • bike market forecast
  • bike price forecast
  • key bike producers

All data provided in this article covers the following product: HS Code 8712 - Bicycles and other cycles; including delivery tricycles, not motorised.

Source: World: Bicycles And Other Cycles (Not Motorized) - Market Report. Analysis and Forecast to 2025