Bi-Wheel Vehicle Parts in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $266M in Bi-Wheel Vehicle Parts, making it the 17th largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 224th most exported product in United Kingdom. The main destination of Bi-Wheel Vehicle Parts exports from United Kingdom are: Australia ($58.8M), United States ($39.9M), Germany ($25.4M), Netherlands ($20.1M), and France ($15M).

The fastest growing export markets for Bi-Wheel Vehicle Parts of United Kingdom between 2021 and 2022 were Australia ($13M), United States ($3.34M), and Thailand ($1.64M).

Imports In 2022, United Kingdom imported $590M in Bi-Wheel Vehicle Parts, becoming the 20th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 217th most imported product in United Kingdom. United Kingdom imports Bi-Wheel Vehicle Parts primarily from: Chinese Taipei ($187M), China ($96.9M), Italy ($65.6M), Japan ($37.1M), and Germany ($35M).

The fastest growing import markets in Bi-Wheel Vehicle Parts for United Kingdom between 2021 and 2022 were Chinese Taipei ($16.4M), Japan ($5.05M), and Denmark ($2.29M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Bi-Wheel Vehicle Parts from United Kingdom to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Bi-Wheel Vehicle Parts exports accounted up to £17.7M and imports accounted up to £21.8M, resulting in a negative trade balance of £4.07M. Between January 2023 and January 2024 the exports of United Kingdom's Bi-Wheel Vehicle Parts have increased by £1.01M (6.02%) from £16.7M to £17.7M, while imports decreased by £-9.21M (-29.7%) from £31M to £21.8M.

Destinations In January 2024, Bi-Wheel Vehicle Parts were exported mostly to Australia (£5.54M), United States (£2.29M), Netherlands (£1.59M), Germany (£1.31M), and France (£862k), and were imported mostly from Taiwan (£4.41M), China (£3.82M), Italy (£2.21M), Netherlands (£1.96M), and United States (£1.73M).

Growth In January 2024, the increase in Bi-Wheel Vehicle Parts's year-by-year exports was explained primarily by an increase in exports to South Korea (£490k or 826%), Australia (£488k or 11.6%), and Germany (£461k or 31.2%). In January 2024, the decrease in Bi-Wheel Vehicle Parts's year-by-year imports was explained primarily by a decrease in imports from Taiwan (£-3.88M or -29.6%), China (£-2.02M or -25.2%), and France (£-1.06M or -61.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£1.01M(6.02%)

IMPORT GROWTH (January 2023 - January 2024)£-9.21M(-29.7%)

MAIN EXPORTER (January 2024)London Heathrow Airport£6.44M

MAIN DESTINATION (January 2024)Australia£5.54M

This section shows Bi-Wheel Vehicle Parts's exports and imports data at subnational level for United Kingdom. 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.

For full datasets download visit Bulk Download page.

Go to Bulk Download