Bicycles, delivery tricycles, other cycles in China 2021 Exports | Imports : $5.06B | $44.4M, World Rnk 1 / 192 Rnk 124 / 1215 | World Rnk 41 / 222 Rnk 815 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $334M | $4.9M, United States | Chinese Taipei
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Bicycles, delivery tricycles, other cycles: -0.12, Rnk 591 / 1024
Exports In 2021, China exported $5.06B in Bicycles, delivery tricycles, other cycles, making it the 1st largest exporter of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 124th most exported product in China. The main destination of Bicycles, delivery tricycles, other cycles exports from China are: United States ($1.18B), Japan ($644M), Philippines ($330M), Vietnam ($200M), and Russia ($191M).
The fastest growing export markets for Bicycles, delivery tricycles, other cycles of China between 2020 and 2021 were United States ($334M), Vietnam ($115M), and Russia ($90.5M).
Imports In 2021, China imported $44.4M in Bicycles, delivery tricycles, other cycles, becoming the 41st largest importer of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 815th most imported product in China. China imports Bicycles, delivery tricycles, other cycles primarily from: Chinese Taipei ($31.8M), United Kingdom ($4.91M), Netherlands ($1.71M), Cambodia ($1.51M), and Indonesia ($788k).
The fastest growing import markets in Bicycles, delivery tricycles, other cycles for China between 2020 and 2021 were Chinese Taipei ($4.9M), United Kingdom ($3.35M), and Netherlands ($662k).
June 2023
Overview In June 2023 China's Bicycles, delivery tricycles, other cycles exports accounted up to $204M and imports accounted up to $19.5M, resulting in a positive trade balance of $185M. Between June 2022 and June 2023 the exports of China's Bicycles, delivery tricycles, other cycles have decreased by $-158M (-43.6%) from $362M to $204M, while imports increased by $14M (255%) from $5.49M to $19.5M.
Destinations In June 2023, Bicycles, delivery tricycles, other cycles were exported mostly to United States ($35.9M), Japan ($33.3M), Vietnam ($16.4M), South Korea ($8.53M), and Indonesia ($8.43M), and were imported mostly from Taiwan ($11.7M), United Kingdom ($3.58M), Vietnam ($1.62M), Cambodia ($895k), and Germany ($789k).
Growth In June 2023, the decrease in Bicycles, delivery tricycles, other cycles's year-by-year exports was explained primarily by a decrease in exports to Philippines ($-16.2M or -53.6%), Indonesia ($-13.7M or -66.2%), and Malaysia ($-5.32M or -37.5%). In June 2023, the increase in Bicycles, delivery tricycles, other cycles's year-by-year imports was explained primarily by an increase in imports from Cambodia ($450k or 928%), United Kingdom ($139k or 71.4%), and Germany ($112k or 121%).
EXPORT GROWTH (June 2022 - June 2023): $-158M, (-43.6%)
IMPORT GROWTH (June 2022 - June 2023): $14M, (255%)
MAIN EXPORTER (June 2023): Guangdong Province, $81.9M
MAIN DESTINATION (June 2023): United States, $35.9M
This section shows Bicycles, delivery tricycles, other 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 Bicycles, delivery tricycles, other cycles over time.
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EXPORTS (2021): $5.06B
IMPORTS (2021): $44.4M
NET TRADE (2021): $5.02B
In 2021, China exported $5.06B in Bicycles, delivery tricycles, other cycles. The main destinations of China exports on Bicycles, delivery tricycles, other cycles were United States ($1.18B), Japan ($644M), Philippines ($330M), Vietnam ($200M), and Russia ($191M).
In 2021, China imported $44.4M in Bicycles, delivery tricycles, other cycles, mainly from Chinese Taipei ($31.8M), United Kingdom ($4.91M), Netherlands ($1.71M), Cambodia ($1.51M), and Indonesia ($788k).
THE FASTEST GROWING Bicycles, delivery tricycles, other cycles EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bicycles, delivery tricycles, other cycles BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Bicycles, delivery tricycles, other cycles were:
In 2021, China's main importing competitors in Bicycles, delivery tricycles, other cycles were:
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