Bicycle Industry in Bangladesh: An Analysis of the Value Chain
Fahmida Khatun,
Syed Yusuf Saadat and
Afrin Mahbub
No 51, CPD Policy Brief from Centre for Policy Dialogue (CPD)
Abstract:
In Bangladesh, bicycle exports are the largest exports in the country’s light engineering sector. Notably, bicycle exports account for 7.5 per cent of all light engineering exports (Kathuria & Malouche, 2016). In the global value chain (GVC) of bicycle production, Bangladesh focuses on assembling a large number of parts, with the manufacturing process being less energy-intensive. Currently, the leading producers of bicycles are in China, followed by Indonesia, India, and Japan (Veliu & Surabian, 2016). In Bangladesh, the bicycle export industry has emerged only recently. However, the bicycle manufacturing industry has significant potential in the global economy. The top destinations for bicycle exports from Bangladesh include the United Kingdom (64 per cent), Germany (14 per cent), and Belgium (9 per cent) (Kathuria & Malouche, 2016).
Keywords: Bicycle Industry; Value Chain; Bangladesh (search for similar items in EconPapers)
Pages: 8 pages
Date: 2024-04
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Persistent link: https://EconPapers.repec.org/RePEc:pdb:pbrief:51
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