In 2021, the EU exported €921 million worth of bicycles (both electric and non-electric) to countries outside of the EU, while importing €1 896 million worth of bicycles from outside the EU.

Data for 2021 show that the EU exported 1 487 700 non-electric bicycles, worth €433 million, and imported 5 743 700, worth €1 046 million. Compared with 2020, the number of non-electric bicycles exported increased by 16% in 2021 and imports increased by 17%.

In 2021, 315 800 electric bicycles worth €488 million were exported by the EU. Meanwhile, the EU imported 1 148 600 electric bicycles, worth €849 million, from countries outside of the EU. Compared with 2020, the number of electric bicycles exported increased by 15% in 2021, while imports of electric bicycles increased by 37%.

UK and Switzerland lead destinations for exports In 2021, the United Kingdom was the main destination for EU exports of non-electric bicycles (30% of the extra-EU total, measured in value), followed by Switzerland (21%), the United States (6%), Norway and Australia (both 5%). Meanwhile, Switzerland and the United Kingdom were also the main destinations for EU exports of electric bicycles (38% and 27% of total extra-EU electric bicycle exports, respectively), followed by Norway (13%) and the United States (8%).

Taiwan the main source of electric bicycle imports In 2021, imports of non-electric bicycles from non-EU countries came mainly from Cambodia (27% of total extra-EU bicycle imports), Taiwan (26%), China (10%), Bangladesh (8%) and Turkey (5%). Meanwhile, imports of electric bicycles into the EU came primarily from Taiwan (57% of total extra-EU electric bicycle imports), followed by Switzerland (13%), Vietnam (11%), China (7%) and Turkey (6%).

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