Back EU exported €921 million worth of bicycles in 2021

12 September 2022

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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%.

 

Infographics, bar chart: EU trade in bicycles, number of bicycles, 2020 compared to 2021


 Source dataset: DS-045409

 

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 Türkiye (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 Türkiye (6%).

 

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Methodological notes:

  • Data refer to product codes 87116010 ‘Bicycles, tricycles and quadricycles, with pedal assistance, with an auxiliary motor with a continuous rated power not exceeding 250 watts, 87120030 ‘Bicycles, not motorised, with ball bearings, and 87120070 ‘Cycles, including delivery tricycles, not motorised (excl. bicycles).
  • In this article, electric bicycles are product code 87116010 while non-electric bicycles are product codes  87120030 and 87120070.

 

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