According to the statistics of the Customs Bureau of Taiwan's Ministry of Finance from January to September 2019, the export revenue of Taiwan's bike industry (including bicycles, e-bikes and components) increased in the first three quarters. The total export value reached 2.624 billion US dollars, with a growth of 11.09%. The export volume of bicycles reached 1.638 million units, a slight decrease of 1.12% compared to the same period last year. The export value reached 1.009 billion US dollars (-7.55%), with an average unit price of 615.99 US dollars.

Export orders in the electric bicycle market increased by 131.42% and 119.51% year-on-year, with an export volume of 452,000 units and a value of 591 million US dollars. The average unit price amounted to 1307.59 US dollars, a slight decrease of 5.15% compared to the same period last year. The export volume of components amounted to 34.76 million kilograms, a decrease of 4.31% compared to the same period in 2018, and the export value reached 1.024 billion US dollars (+2.16%).

During the same period, the North American Free Trade Agreement (NAFTA) and the European Union (EU) exported 595,000 and 1.823 million units respectively, representing 36.35% and 46.88%. That is 83.23% of total exports. In the electric bicycle segment, electric bicycles from NAFTA and the EU accounted for 91.04% of the total export volume. The top five exporting countries were the Netherlands, the United States, Germany, the United Kingdom and Spain. The Netherlands replaced the United States as the largest importer of electric bicycles from Taiwan. In 2019, demand increased by 219.83% year-on-year from 5.03 million to 161,000, the average unit price was USD 1,357 and the export value doubled from USD 70 million to USD 210 million. Demand for electric bicycles in the USA continued to rise, and the export volume increased from 37,000 in the same period last year to 92,000 units, an increase of 146.98%.

Of the boom in e-bike exports, Michael Tseng, head of the Taiwan Bicycle Association, said that the Taiwanese bike industry is entering a new era.