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Bangladesh Strengthens Its Position in EU Bicycle Markets!

Bangladesh Strengthens Its Position in EU Bicycle Markets!

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China may be the global leader in bicycle exports, but Bangladesh is making significant strides in key EU markets like Germany, Austria, and Denmark. 

In Germany, Bangladesh holds a dominant share over China (71.5% vs. 20.9%), with similar trends in Austria (9.98% vs. 0.14%) and Denmark (5.3% vs. 0.93%). The EU's annual bicycle import volume hit $4.5 billion in 2022, and Bangladesh is positioning itself as a key supplier. 

As demand for sustainable mobility grows, this presents an exciting opportunity for Bangladeshi bicycle manufacturers to expand further into the European market! 🚀