Analysis and Studies - Products analysis
Bicycle: import and export
April 14th 2025
Global Bicycle Trade Overview
Bicycles continue to be a significant part of global trade, though 2023 saw a notable decline in exports. That year, bicycles ranked as the 418th most traded product worldwide, with a total trade value of $8.78 billion. Compared to 2022, bicycle exports dropped by 23.9%, falling from $11.5 billion. Despite this decline, bicycles still accounted for 0.039% of total global trade.
As a broad category, bicycles include traditional bicycles, delivery tricycles, and other non-motorized cycles that serve various purposes, from everyday commuting to professional racing.
Leading Exporters of Bicycles
In 2023, the world's top bicycle exporters were:
- China – $2.4 billion
- Chinese Taipei (Taiwan) – $1.74 billion
- Germany – $955 million
- Cambodia – $491 million
- Netherlands – $452 million
Top Importing Countries
The demand for bicycles remained strong in several major markets. The leading importers in 2023 were:
- United States – $1.25 billion
- Germany – $1.11 billion
- Netherlands – $709 million
- Japan – $550 million
- France – $450 million
Bicycles and Product Complexity
From a manufacturing and innovation standpoint, bicycles ranked 2,628th on the Product Complexity Index (PCI), indicating that while they are widely produced, their design and production processes are relatively standardized compared to other industrial products.
What is a Bicycle?
A bicycle is a human-powered vehicle, usually with two wheels, propelled by pedals. People use bicycles for a variety of purposes, including transportation, exercise, sports, recreation, and racing. Additionally, other non-motorized cycles, such as tricycles and delivery bikes, serve practical roles in different industries and communities.
Source: https://oec.world/
