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%).