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On Your Bike!!!

According to the Uludağ Automotive Industry Exporters Association (OIB), exports of 2 wheel products (bicycles, mopeds and motorcycles etc.), have shown a year-on-year increase of 24.6% in the first 7 of this year.

Exports to no less than 98 countries (Jan – July) have generated revenues of some $US 48.67 million, compared to around just over $US39 million in the same period last year.

Around 57.8% of these exports were made to just 4 EU member countries, namely Finland, the Netherlands, Germany and France.

Finland was the top market where sales surged by 8.84% to around $8.91 million, up from some $8.2 million in the same period of last year.

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Umit Kozak