Taiwan’s E-Bike Exports Soar
TAIPEI, Taiwan – Taiwan’s e-bike exports soared in volume and in value during the first nine months of this year. Export volume upped by 48 percent and reached nearly 200,000 units. Money-wise Taiwan electric bicycle exports grew with 52 percent to USD 269 million. With that the average unit value of an exported e-bike stood at a big USD 1,378.
According to Taiwan’s customs and the Ministery of Finance, for January through September 2018, Taiwan’s complete bicycle export reached 1.65 million units which was valued at USD 1.09 billion. Export value rose 14.2 percent compared to the same period in 2017 while the export volume fell by 6.9 percent. Here the impact of the big growth in e-bike export is felt. The same happened at the average unit value which leaped above the USD 600 mark for the first time in Taiwan’s export history. The average export value per bike stood at USD 658.83 increasing by a big 22.7 percent and indicating that with e-bikes Taiwan has found a way to get its bike export growing again.