Shenzhen Export Bicycles Down in QTY & Price

[2017-05-04]

According to Shenzhen Customs statistics, in the first quarter of 2017, Shenzhen exported 831,000 bicycles, down 8.9% year-on-year (YOY); worth CNY 380 million, down 18.4% YOY; average export price at 452.3 yuan per bike, down 10.5% YOY. There were different performances in the exports to USA, Saudi Arabia, Canada, etc.: Shenzhen exported 157,000 bikes to USA, down 10.6% YOY, accounting for 18.9%; exported 140,000 and 90,000 and 50,000 bikes respectively to Saudi Arabia and Canada and Russia, up 33.3% and 3.4% and 35.6% respectively. In addition, household bicycles, folding bicycles and other unlisted bicycles were the mainly exported, while mountain bicycles and competition-use bicycles exported doubly.
Source: China Customs
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