Motorcycles and cycles in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $11.6B in Motorcycles and cycles, making it the 1st largest exporter of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 71st most exported product in China. The main destination of Motorcycles and cycles exports from China are: United States ($1.56B), Mexico ($566M), Philippines ($435M), Netherlands ($404M), and Germany ($396M).

The fastest growing export markets for Motorcycles and cycles of China between 2021 and 2022 were United States ($551M), Colombia ($216M), and Argentina ($70.2M).

Imports In 2022, China imported $978M in Motorcycles and cycles, becoming the 10th largest importer of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 229th most imported product in China. China imports Motorcycles and cycles primarily from: Thailand ($533M), Germany ($113M), Indonesia ($76M), Vietnam ($67M), and Japan ($60.1M).

The fastest growing import markets in Motorcycles and cycles for China between 2021 and 2022 were Germany ($50.9M), Thailand ($38.4M), and Indonesia ($29.7M).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (638), ROBERT BOSCH TOOL CORPORATION (134), and WAL-MART INC. (67) were at the forefront of shipping Motorcycles and cycles from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Motorcycles and cycles exports accounted up to $878M and imports accounted up to $15.7M, resulting in a positive trade balance of $863M. Between February 2023 and February 2024 the exports of China's Motorcycles and cycles have increased by $303M (52.5%) from $576M to $878M, while imports decreased by $-52.9M (-77.1%) from $68.6M to $15.7M.

Destinations In February 2024, Motorcycles and cycles were exported mostly to United States ($80.2M), Mexico ($50.8M), Turkey ($47.9M), Philippines ($34M), and Russia ($30.9M), and were imported mostly from Thailand ($9.8M), Philippines ($2.36M), Germany ($695k), United States ($610k), and China ($584k).

Growth In February 2024, the increase in Motorcycles and cycles's year-by-year exports was explained primarily by an increase in exports to Turkey ($13.6M or 88.6%), Philippines ($11.9M or 37%), and Angola ($9.9M or 283%). In February 2024, the decrease in Motorcycles and cycles's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-5.2M or -9.72%), Japan ($-3M or -68.4%), and Vietnam ($-1.66M or -62.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$303M(52.5%)

IMPORT GROWTH (February 2023 - February 2024)$-52.9M(-77.1%)

MAIN EXPORTER (February 2024)Guangdong Province$299M

MAIN DESTINATION (February 2024)United States$80.2M

This section shows Motorcycles and cycles's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Motorcycles and cycles over time.

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