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Taiwan Sees Steep Rise in Bike Export to Europe

Industry- & Retail Organizations

Taiwans bike export to Europe is recovering again after the serious blow it got last year. Then a close to 15% drop was recorded. Chairman Ying-Ming Yang (photo) of the Taiwan Bicycle Exporters Association (TBEA) reported today that

Taiwan Sees Steep Rise in Bike Export to Europe

Taiwan’s bike export to Europe is recovering again after the serious blow it got last year. Then a close to 15% drop was recorded. Chairman Ying-Ming Yang (photo) of the Taiwan Bicycle Exporters Association (TBEA) reported today that bike export in units to Europe was up 34.4% during the first half of this year compared to last year.

At the press conference organized by the Taiwan External Trade Development Council, TBEA Chairman Ying-Ming Yang was able to report more shining number for Taiwan’s bike export. In value the total export of bicycles (to all countries) showed a 12.2% growth to US$ 710 million while parts exports were up 35.0% to 309 million.

Europe is by far Taiwan’s biggest export market as 71% of al bikes exported is shipped to the 27 EU member states. At total of 1,840,000 units were exported in the first half of 2010.

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