MotorSource (2020 ASIA MOTORCYCLE SHOW SPECIAL ISSUE)

home unless absolutely necessary. Local dealers have suspended operations, which has affected their sales. According to the statistics of the first quarter's export data, global export value decreased by 5.27%. Italy's sales continued to decline from January, a decrease of 59%. Although Spain's export volume was higher than the same period last year in the first quarter, as the epidemic worsened in March, the export volume began to decline. Taiwan, on the other hand, domestic sales of locomotive has increased. Consumers want to reduce the use of public transportation in order to avoid mass gathering, also the reduction of oil prices stimulates the public's willingness to purchase motorcycles. However, KYMCO, which has the highest domestic market share, claimed that people's income and expenditure will be affected if the epidemic is not slowing down, the market sales in the second quarter is not optimistic. COVID-19 has impacted global economy and business worldwide. The public expects that the epidemic can be ebbed, so the second quarter will gradually recover and the motorcycle industry is able to rebound. INDUSTRY TRENDS MOTOR SOURCE www.IMB2B.com *Source: itrade.taitra.org.tw Taiwan Motorcycle Export Amounts by Country in 2019 Unit: 10,000 USD Global 24,182.9 100.00 -13.23 1 Japan 4,404.7 18.21 -36.66 2 Italy 3,202.7 13.24 -19.59 3 Spain 2,496.8 10.32 47.11 4 South Korea 2,014.4 8.33 24.02 5 Israel 4,659.1 6.86 22.56 6 Belgium 1,163.0 4.81 -4.47 7 China 1,145.7 4.74 98.36 8 Hong Kong 1,124.4 4.65 -15.66 9 Columbia 1,123.4 4.65 -33.42 10 Greece 1,013.4 4.19 40.32 11 United States 850.7 3.52 -32.25 12 Iraq 609.6 2.52 27.11 13 Germany 539.4 2.23 -33.67 14 Macau 470.9 1.95 -12.11 15 Netherland 323.7 1.34 -19.70 16 Philippines 160.6 0.66 150.16 17 Madagascar 156.6 0.65 11.70 18 Dominican Republic 148.5 0.61 -18.41 19 Singapore 146.2 0.60 56.53 20 Portugal 119.1 0.49 46.31 Rank Country Jan~Dec Gross Export (USD) Export Ratio (%) Export Growth Rate (%) 11