European Union states exported almost 1.3 million bicycles in 2020

Cristian Hatis 1 Min Read

In 2020, the European Union exported almost 1.3 million bicycles and other cycles, worth a total of €471 million, to countries outside of the EU, Eurostat reports.

Over the same period, the EU imported almost 5 million bicycles, worth €930 million, from countries outside its borders.

Compared with 2019, exports of bicycles and other cycles increased by 35% in 2020 in numbers, while imports declined by 3%.

273.900 electric bicycles worth €427 million were exported by the EU in 2020. Meanwhile, the EU imported 839 100 electric bicycles, worth €721 million, from other countries.

Compared with 2019, exports of electric bicycles increased by 43% in 2020 in numbers, while imports of electric bicycles increased by 19%.

In 2020,UK was the main destination for EU exports of bicycles (34% of total extra-EU bicycle exports), followed by Switzerland (13%), Brazil (9%), Turkey (5%) and Uzbekistan (4%). 

Imports of bicycles from non-EU countries came mainly from Cambodia (24% of total extra-EU bicycle imports), China (17%), Taiwan (11%), Bangladesh (8 %), Turkey (7%), Philippines (6%) and Sri Lanka (5%). 

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