Recent data from HMRC reveals that exports of bicycles made in Britain are at a record high.
Asia is one of the biggest importers, with figures showing that in the year to November 2018, bicycle exports to China rose by 109%, to Taiwan by 200% and to Malaysia by an incredible 724%. Bicycle exports to Asia and Oceania rose to a value of £10.8m during the same time period.
The United States is a key importer for the product; exports in the year to November 2018 were worth £5.1m, a 7.8% increase since the same period 5 years ago.
