WASHINGTON (BRAIN) — The U.S. continued to import bikes at a rapid pace in February, although the monthly import totals have been declining since a peak last September.
The country brought in 1.38 million bikes in the month, worth $119 million. That’s 74% more bikes than in February 2020 and 26% more in value, according to import statistics released by the Department of Commerce this week.
Although monthly import total have been declining since September (see chart below), bikes continue to come into the country at a rate well above recent seasons. On a trailing-12-month basis, bike imports were up