Key Market Indicators
Bicycles imports in Brazil are set to drop at an average rate of 5.8% over the next five years. In 2021, the country imported 110,640 units, 5.5% less than in 2005. At the same time, Brazilian bicycle exports are expected to grow slightly, at an average rate of 0.1% on a yearly basis, over the next five years. In 2021, Brazil exported 22,390 units, 21.6% more than in 2005. Canada imported the largest share of these exports, followed by Japan, Portugal, and Italy.