Analysis of export trade status of China's electric bicycle industry in 2024

From 2018 to 2023, the total export volume of China's electric bicycle industry increased year by year, and the total export volume reached 5.336 billion US dollars in 2023, an increase of 1.02%. The total export volume of electric bicycle products rose first and then fell, and the total export volume in 2023 was 16.1661 million units, down 29.32% year-on-year.

While striving to develop the domestic market, many electric bicycle brands in China are also actively exploring foreign markets. The main role of electric bicycles abroad is to easily walk and leisure fitness, which can be used in large parking lots, supermarkets and tourist areas. As consumers around the world gradually deepen their understanding of electric bicycles, the prospects of the electric bicycle industry are generally optimistic in the international market, and the application in the international market is more and more extensive.

The demand of the international market is one of the driving forces for the development of China's electric bicycle industry, and many electric bicycle brands in China are actively exploring foreign markets while trying to develop the domestic market. The main role of electric bicycles abroad is to easily walk and leisure fitness, which can be used in large parking lots, supermarkets and tourist areas. As consumers around the world gradually deepen their understanding of electric bicycles, the prospects of the electric bicycle industry are generally optimistic in the international market, and the application in the international market is more and more extensive. In 2019, due to the United States Section 301 and the EU anti-dumping policy (anti-dumping duties imposed on China's exports of electric bicycles), China's electric bicycle exports have had an impact. For now, shifting production to Taiwan, Southeast Asia, and Europe is how many domestic companies are responding. From 2018 to 2023, the export price of the electric bicycle industry has generally shown a fluctuating growth trend. In 2023, the price of electric bicycle export products is 330.05 USD/vehicle, an increase of 42.91% year-on-year, indicating that China's electric bicycle industry products are gradually developing to high-end production lines.