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Data shows Bangladesh 3rd largest bicycle exporter to EU

  • Published at 02:21 pm July 23rd, 2017
Data shows Bangladesh 3rd largest bicycle exporter to EU
Manufacturers in Bangladesh supplied 11% of the European Union’s (EU) total imported bicycles in 2016, making the country the third largest bicycle exporter to the bloc after Taiwan and Cambodia. Data published by Eurostat, official EU website for European statistics, showed that 42% of the bicycles imported by EU member countries came from outside the EU. The top sources are- Taiwan (24%), Cambodia (18%), Bangladesh (11%), and the Philippines (10%). Eurostat further showed that 28 member countries of the EU imported 17m bicycles in 2016 of which 58% within the union. On the other hand, EU member states exported 11m bicycles in the past year of which 92% within the union.