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2023
Exports $9.13BWorld Rnk 1 / 215
Flag Rnk 73 / 1215
2023
Destination $208M Germany
2022 - 2023
FASTEST GROWING MARKET $208MPhilippines
2023
PRODUCT COMPLEXITY IN Bi-Wheel Vehicle Parts0.78Rnk 258 / 1025
2023
Imports $741MWorld Rnk 12 / 224
Flag Rnk 272 / 1214
2023
Origin $49.2M Chinese Taipei
2022 - 2023
FASTEST GROWING ORIGIN $49.2MJapan
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $9.13B in Bi-Wheel Vehicle Parts, making it the 1st largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 73rd most exported product in China. The main destination of Bi-Wheel Vehicle Parts exports from China are: Germany ($767M), Chinese Taipei ($581M), United States ($526M), Mexico ($525M), and Indonesia ($473M).

The fastest growing export markets for Bi-Wheel Vehicle Parts of China between 2022 and 2023 were Philippines ($208M), Vietnam ($84.2M), and Senegal ($57.7M).

Imports In 2023, China imported $741M in Bi-Wheel Vehicle Parts, becoming the 12th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 272nd most imported product in China. China imports Bi-Wheel Vehicle Parts primarily from: Chinese Taipei ($229M), Japan ($188M), Indonesia ($93.1M), Italy ($46.1M), and Malaysia ($45.4M).

The fastest growing import markets in Bi-Wheel Vehicle Parts for China between 2022 and 2023 were Japan ($49.2M), Thailand ($12.3M), and United States ($10.8M).

COMPANIES In 2024, leading companies such as CNH Industrial (64), Brother Industries (57), and Kubota (54) were at the forefront of shipping Bi-Wheel Vehicle Parts from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Bi-Wheel Vehicle Parts exports accounted up to $1.08B and imports accounted up to $76.4M, resulting in a positive trade balance of $1.01B. Between December 2023 and December 2024 the exports of China's   Bi-Wheel Vehicle Parts have increased by $196M (22.1%) from $886M to $1.08B, while imports increased by $11.2M (17.1%) from $65.2M to $76.4M.

Destinations In December 2024, Bi-Wheel Vehicle Parts were exported mostly to Indonesia ($58.2M), United States ($54.8M), Germany ($52.3M), Malaysia ($51.1M), and Thailand ($46.9M), and were imported mostly from Japan ($20.2M), Chinese Taipei ($20M), Indonesia ($10.1M), Malaysia ($7.97M), and Italy ($6.32M).

Growth In December 2024, the increase in Bi-Wheel Vehicle Parts's year-by-year exports was explained primarily by an increase in exports to Turkey ($20.6M or 89.6%), Vietnam ($8.97M or 34.6%), and Brazil ($5.19M or 16.7%). In December 2024, the increase in Bi-Wheel Vehicle Parts's year-by-year imports was explained primarily by an increase in imports from Japan ($17.9M or 240%), Indonesia ($7.26M or 119%), and Chinese Taipei ($5.08M or 32.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$196M(22.1%)
IMPORT GROWTH (December 2023 - December 2024)$11.2M(17.1%)
MAIN EXPORTER (December 2024)Guangdong Province$229M
MAIN DESTINATION (December 2024)Indonesia$58.2M

This section shows Bi-Wheel Vehicle Parts'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 Bi-Wheel Vehicle Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$9.13B
IMPORTS (2023)$741M
NET TRADE (2023)$8.39B

In 2023, China exported $9.13B in Bi-Wheel Vehicle Parts. The main destinations of China exports on Bi-Wheel Vehicle Parts were Germany ($767M), Chinese Taipei ($581M), United States ($526M), Mexico ($525M), and Indonesia ($473M).

In 2023, China imported $741M in Bi-Wheel Vehicle Parts, mainly from Chinese Taipei ($229M), Japan ($188M), Indonesia ($93.1M), Italy ($46.1M), and Malaysia ($45.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR China WERE (2022 - 2023):
Philippines$208M (218%)
Vietnam$84.2M (29.4%)
Senegal$57.7M (60.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY China WERE (2022 - 2023):
Chinese Taipei-$357M (-38.1%)
Germany-$258M (-25.2%)
Italy-$221M (-48.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Bi-Wheel Vehicle Parts were:
Chinese Taipei $3.8B
Japan $1.92B
In 2023, China's main importing competitors in Bi-Wheel Vehicle Parts were:
Germany $3.29B
United States $1.74B
Italy $1.18B

Explore Visualizations

Trade Value of Bi-Wheel Vehicle Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $240M
TOP IMPORT POTENTIALIndia+ $33.7M

Bi-Wheel Vehicle Parts’s highest export potential is India. With an export gap of $240M.   Bi-Wheel Vehicle Parts’s highest import potential is India with an import gap of $33.7M.

See methodology.

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