2022
Exports | Imports
$130M | $2.09BWorld Rnk 18 / 188
Flag Rnk 1295 / 4632
World Rnk 1 / 221
Flag Rnk 241 / 4573
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124

About

Exports In 2022, United States exported $130M in Bicycles, making it the 18th largest exporter of Bicycles in the world. At the same year, Bicycles was the 1295th most exported product in United States. The main destination of Bicycles exports from United States are: Canada ($67.5M), Germany ($12.4M), Israel ($5.97M), Australia ($5.31M), and South Korea ($3.13M).

The fastest growing export markets for Bicycles of United States between 2021 and 2022 were Canada ($17.9M), Germany ($11.6M), and Australia ($2.34M).

Imports In 2022, United States imported $2.09B in Bicycles, becoming the 1st largest importer of Bicycles in the world. At the same year, Bicycles was the 241st most imported product in United States. United States imports Bicycles primarily from: China ($751M), Chinese Taipei ($700M), Cambodia ($378M), Vietnam ($114M), and Indonesia ($53.6M).

The fastest growing import markets in Bicycles for United States between 2021 and 2022 were Chinese Taipei ($153M), Cambodia ($127M), and Vietnam ($80.4M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (10.1M), IKEA SUPPLY AG (9.91M), and WAL-MART INC. (7M) were at the forefront of shipping Bicycles to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-4.8M(-38.8%)
IMPORT GROWTH (January 2023 - January 2024)$-59.9M(-44.5%)
MAIN EXPORTER (January 2024)Wisconsin$2.49M
MAIN DESTINATION (January 2024)Canada$4.12M

This section shows Bicycles's exports and imports data at subnational level for United States. 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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$130M
IMPORTS (2022)$2.09B
NET TRADE (2022)-$1.96B

In 2022, United States exported $130M in Bicycles. The main destinations of United States exports on Bicycles were Canada ($67.5M), Germany ($12.4M), Israel ($5.97M), Australia ($5.31M), and South Korea ($3.13M).

In 2022, United States imported $2.09B in Bicycles, mainly from China ($751M), Chinese Taipei ($700M), Cambodia ($378M), Vietnam ($114M), and Indonesia ($53.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bicycles EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$17.9M (35.9%)
Germany$11.6M (1.41k%)
Australia$2.34M (78.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bicycles BY United States WERE (2021 - 2022):
Indonesia-$1.9M (-92.1%)
Honduras-$971k (-86.9%)
Malaysia-$892k (-70.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Bicycles were:
In 2022, United States's main importing competitors in Bicycles were:

Explore Visualizations

Trade Value of Bicycles by Exporters

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