Analysis on the bicycle and parts import/export.
In Taiwan, the bicycle manufacturing is an export-directed industry. Each year, it shows a
favorable balance of trade. The average export of bicycle and parts is about six folds of import, and
make a great contribution to foreign exchange reserve. In 1995, the exports made a record of 40 billion
with a favorable balance of 33.6 billion. In 1997, as the move of industry to China and the economic
recession, the favorable balance was down to 30.2 billion. It was down about 10%, in comparison with
that of 1995. In the future, the bicycle industry in Taiwan will produce the high value-added products
and to be internationalized to continue the competitive power. As Taiwan’s high value parts of bicycle
cannot compete with the Japanese products, it has to depend on import. In addition, there is a strong
price competition from China and Southeast Asian countries. For the part of speed change, Nozima of
Japan is the leader of the world. As for the brake, with improvement in technology, the product of Lichi
is catching up the products of Japan.