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2022
Exports $776MWorld Rnk 12 / 182
Flag Rnk 299 / 1217
2022
Destination $54.3M Canada
2021 - 2022
FASTEST GROWING MARKET $54.3MCanada
2022
PRODUCT COMPLEXITY IN Motorcycles and cycles0.36Rnk 420 / 1025
2022
Imports $5.02BWorld Rnk 1 / 221
Flag Rnk 115 / 1216
2022
Origin $551M China
2021 - 2022
FASTEST GROWING ORIGIN $551MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $776M in Motorcycles and cycles, making it the 12th largest exporter of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 299th most exported product in United States. The main destination of Motorcycles and cycles exports from United States are: Canada ($229M), Germany ($78M), Belgium ($65.1M), South Korea ($46.2M), and Netherlands ($40.1M).

The fastest growing export markets for Motorcycles and cycles of United States between 2021 and 2022 were Canada ($54.3M), Belgium ($12.1M), and South Korea ($9.93M).

Imports In 2022, United States imported $5.02B in Motorcycles and cycles, becoming the 1st largest importer of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 115th most imported product in United States. United States imports Motorcycles and cycles primarily from: China ($1.56B), Japan ($809M), Chinese Taipei ($507M), Austria ($462M), and Thailand ($453M).

The fastest growing import markets in Motorcycles and cycles for United States between 2021 and 2022 were China ($551M), Austria ($183M), and Japan ($114M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (181), Costco Wholesale (11), and Kubota (9) were at the forefront of shipping Motorcycles and cycles to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Motorcycles and cycles exports accounted up to $63M and imports accounted up to $308M, resulting in a negative trade balance of $245M. Between August 2023 and August 2024 the exports of United States'   Motorcycles and cycles have decreased by $-14.4M (-18.6%) from $77.5M to $63M, while imports decreased by $-20.7M (-6.29%) from $329M to $308M.

Destinations In August 2024, Motorcycles and cycles were exported mostly to Canada ($28.7M), Belgium ($9.17M), Mexico ($5.31M), Netherlands ($2.4M), and Japan ($1.94M), and were imported mostly from China ($78.5M), Japan ($64M), Austria ($47.1M), Thailand ($35.9M), and Chinese Taipei ($22.2M).

Growth In August 2024, the decrease in Motorcycles and cycles's year-by-year exports was explained primarily by a decrease in exports to Canada ($-2.11M or -13.3%), South Korea ($-1.62M or -51.5%), and Japan ($-1.46M or -39.4%). In August 2024, the decrease in Motorcycles and cycles's year-by-year imports was explained primarily by a decrease in imports from China ($-24.8M or -28%), India ($-1.22M or -33.8%), and Netherlands ($-890k or -38.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-14.4M(-18.6%)
IMPORT GROWTH (August 2023 - August 2024)$-20.7M(-6.29%)
MAIN EXPORTER (August 2024)Pennsylvania$39.2M
MAIN DESTINATION (August 2024)Canada$28.7M

This section shows Motorcycles and cycles'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 Motorcycles and cycles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$776M
IMPORTS (2022)$5.02B
NET TRADE (2022)-$4.25B

In 2022, United States exported $776M in Motorcycles and cycles. The main destinations of United States exports on Motorcycles and cycles were Canada ($229M), Germany ($78M), Belgium ($65.1M), South Korea ($46.2M), and Netherlands ($40.1M).

In 2022, United States imported $5.02B in Motorcycles and cycles, mainly from China ($1.56B), Japan ($809M), Chinese Taipei ($507M), Austria ($462M), and Thailand ($453M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motorcycles and cycles EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$54.3M (31%)
Belgium$12.1M (22.9%)
South Korea$9.93M (27.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motorcycles and cycles BY United States WERE (2021 - 2022):
Japan-$92.7M (-72.5%)
Australia-$74.3M (-79.1%)
Singapore-$10.3M (-68.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Motorcycles and cycles were:
China $11.6B
Germany $3.36B
Japan $3.25B
In 2022, United States's main importing competitors in Motorcycles and cycles were:
Germany $3.71B
France $2.53B

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Trade Value of Motorcycles and cycles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $21.4M
TOP IMPORT POTENTIALChina+ $185M

Motorcycles and cycles’s highest export potential is Mexico. With an export gap of $21.4M.   Motorcycles and cycles’s highest import potential is China with an import gap of $185M.

See methodology.

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