As of 2014, there are more than a billion bicycles currently in the world. China accounts for nearly half that amount, with 450 million. In 1995, the United States had 100 million.
Over a 100 million bicycles are produced every year. China, India, the European Union, Japan and Taiwan manufacture 87% of the total amount. Nearly 86% of bicycles sold in the U.S. are imported from China. Although it is at the forefront of both bicycle use and production, China has seen a steady decline in bicycle use. For example, in 2002, only 20% of the population utilized bicycles as a means of transportation, whereas in 1995, that percentage was as high as 60%.