Bicycles, delivery tricycles, other cycles in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $114M in Bicycles, delivery tricycles, other cycles, making it the 19th largest exporter of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 380th most exported product in United Kingdom. The main destination of Bicycles, delivery tricycles, other cycles exports from United Kingdom are: Netherlands ($23.8M), United States ($15.6M), China ($12.6M), Singapore ($9.41M), and South Korea ($8.99M).

The fastest growing export markets for Bicycles, delivery tricycles, other cycles of United Kingdom between 2021 and 2022 were Netherlands ($13.9M), China ($7.69M), and South Korea ($3.07M).

Imports In 2022, United Kingdom imported $495M in Bicycles, delivery tricycles, other cycles, becoming the 6th largest importer of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 262nd most imported product in United Kingdom. United Kingdom imports Bicycles, delivery tricycles, other cycles primarily from: Chinese Taipei ($86.8M), China ($70.1M), Cambodia ($66.1M), Germany ($47.6M), and Bangladesh ($47M).

The fastest growing import markets in Bicycles, delivery tricycles, other cycles for United Kingdom between 2021 and 2022 were Germany ($20.5M), Chinese Taipei ($14.8M), and Vietnam ($12.9M).

Latest Trends

June 2024

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Overview In June 2024 United Kingdom's Bicycles, delivery tricycles, other cycles exports accounted up to £6.65M and imports accounted up to £27.3M, resulting in a negative trade balance of £20.7M. Between June 2023 and June 2024 the exports of United Kingdom's Bicycles, delivery tricycles, other cycles have decreased by £-3.39M (-33.8%) from £10M to £6.65M, while imports increased by £999k (3.79%) from £26.3M to £27.3M.

Destinations In June 2024, Bicycles, delivery tricycles, other cycles were exported mostly to China (£2.43M), Netherlands (£1.09M), Japan (£644k), United States (£313k), and Ireland (£313k), and were imported mostly from Germany (£5.35M), Chinese Taipei (£4.94M), Vietnam (£2.95M), Netherlands (£2.86M), and China (£1.88M).

Growth In June 2024, the decrease in Bicycles, delivery tricycles, other cycles's year-by-year exports was explained primarily by a decrease in exports to Netherlands (£-1.29M or -67.9%), Ireland (£-383k or -60.8%), and South Korea (£-289k or -71.7%). In June 2024, the increase in Bicycles, delivery tricycles, other cycles's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (£1.63M or 42.4%), Germany (£1.19M or 64.7%), and Belgium (£1.03M or 2.54k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)£-3.39M(-33.8%)

IMPORT GROWTH (June 2023 - June 2024)£999k(3.79%)

MAIN EXPORTER (June 2024)Southampton£3.64M

MAIN DESTINATION (June 2024)China£2.43M

This section shows Bicycles, delivery tricycles, other cycles'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 Bicycles, delivery tricycles, other cycles over time.

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