UK bike exports exceed £170m as demand in pandemic surges

Brompton Bicycle is the UK’s largest bike manufacturer
Brompton Bicycle is the UK’s largest bike manufacturer

Exports of bikes, parts and accessories grew by 15% in the last year to £173.2 million, with Europe, Australia and the US leading the way in demand.

Brompton Bicycles is one of the iconic brands continuing to grow internationally as commuters look to avoid public transport and keep fit outdoors.

Stephen Loftus, chief commercial officer for Brompton Bicycle said: “Our export sales to year-end March 2020 were up over 30% compared to 2019 as people increasingly recognise the benefits of cycling in cities across the world.

“Since March, as the WHO and national governments promoted cycling as an alternative to public transport during the Coronavirus pandemic, global demand for Brompton has grown significantly. We expect that trend to continue.

“As the UK’s biggest bicycle manufacturer, we’re proud to be able to continue exporting safely and provide a sustainable solution to the way people move across cities.”

International trade Secretary Liz Truss, said: “The UK’s expertise in cycling, combined with our manufacturing heritage in this industry, is in-demand across the world. With Free Trade Agreement negotiations already underway with the US and Japan, and due to launch shortly with other key markets, our great British bike manufacturers can expect to see demand soar even further in the future.

“With more people turning to two wheels for their commute and leisure, UK cycling’s success on the road and track is translating into increasing business success.”

A spokesperson for British Cycling said: “British Cycling has become an international byword for sporting success, and as we work with the bicycle industry to transform the UK into a great cycling nation, it is great to see that success continue with growth in exports.”

Department for International Trade www.gov.uk/dit

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Brompton Bikes

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