<b>Czech Republic 2009: </b>Double Digit Decreases in Import & Export

PRAGUE, Czech Republic - The Czech bike sector saw double digit decreases in 2009. Exports of bicycles dropped by 23.5% last year while the import decreased by 21.5%. These figures had an impact both on the employment and the stock level. Regarding import and export of bicycles, the balance is positive every year in favour of export. In 2009 export predominated by 7.863 million which was a decrease by 33% compared to the most successful year (2008) when the balance was 11.783 million in favour of export.