The FINANCIAL - Half of electric bicycles in EU are imported from Taiwan

Half of electric bicycles in EU are imported from Taiwan

Half of electric bicycles in EU are imported from Taiwan

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The FINANCIAL -- In 2019, EU Member States exported almost 1 million bicycles and other cycles, worth a total of €368 million, to countries outside of the EU. This represents a 24% increase in numbers compared with 2012.

Over the same period, EU Member States imported over 5 million bicycles, worth €942 million, from countries outside the EU. Compared with 2012, this represents a decrease of 12%.

In addition, EU Member States exported 191 900 electric bicycles worth €272 million in 2019 (the data include bicycles with pedal assistance and an auxiliary electric motor with a continuous rated power less than 250 W). Meanwhile, they imported 703 900 electric bicycles, worth €594 million, from countries outside the EU.

Compared with 2012, the number of exported electric bicycles was almost twelve times higher in 2019, while imports of electric bicycles doubled.

Main extra-EU destinations: the UK and Switzerland

In 2019, the United Kingdom was the main destination of EU bicycles (36% of total extra-EU bicycle exports), followed by Switzerland (18%), ahead of Turkey (6%), Uzbekistan and Norway (both 4%). Meanwhile, Switzerland and the United Kingdom were the main destinations for EU exports of electric bicycles (33% and 29% of total extra-EU electric bicycle exports respectively), followed by Norway (15%) and the United States (13%).

A quarter of EU’s imported bicycles from Cambodia, a half of electric bicycles from Taiwan

In 2019, imports of bicycles from non-EU countries came mainly from Cambodia (24% of total extra-EU bicycle imports), Taiwan (15%) and China (14%), followed by Philippines (9%), Bangladesh and Sri Lanka (both 7%). While imports of electric bicycles into the EU came primarily from Taiwan (52% of total extra-EU electric bicycle imports), followed by Vietnam (21%), China (13%) and Switzerland (6%).


In 2019, the EU produced over 11.4 million bicycles. This represents a 5% increase on the previous year and 10% higher than the number produced in 2014. The total production of bicycles peaked at 13.7 million in 2015, 17% higher than the number produced in 2019.

Among EU Member States, Portugal was the largest producer of bicycles in 2019, manufacturing 2.7 million bicycles, followed by Italy (2.1 million), Germany (1.5 million), Poland (0.9 million) and the Netherlands (0.7 million). These five countries together accounted for 70% of total EU production of bicycles in 2019.

Author: The FINANCIAL