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Bicycle brakes, parts thereof

871494 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.6BRnk 1625 / 4644
2023
Top Exporter | Top Importer $409M | $277MJapan | Germany
2023
Product Complexity 1.95Rnk 23 / 4656
2022 - 2023
Export Growth (CAGR) -39.9%Rnk 4442 / 4644
2023
Share of World Trade 0.0071%Rnk 1625 / 4644

About

Overview This page contains the latest trade data of Bicycle brakes and parts. In 2023, Bicycle brakes and parts were the world's 1625th most traded product, with a total trade of $1.6B. Between 2022 and 2023 the exports of Bicycle brakes and parts decreased by -39.9%, from $2.66B to $1.6B. Trade in Bicycle brakes and parts represent 0.0071% of total world trade.

Bicycle brakes and parts are a part of Bi-Wheel Vehicle Parts.

Exports In 2023 the top exporters of Bicycle brakes and parts  were Japan ($409M), Malaysia ($360M), Chinese Taipei ($264M), China ($243M), and Germany ($84.6M).

Imports In 2023 the top importers of Bicycle brakes and parts were Germany ($277M), Singapore ($205M), China ($112M), Chinese Taipei ($112M), and Netherlands ($93.1M).

Ranking Bicycle brakes and parts ranks 23rd in the Product Complexity Index (PCI).

Description Bicycle brakes are used to stop the bicycle, and are often controlled by the rider's hands. They are typically composed of two sets of rubberized pads that are squeezed together to create friction against the rear wheel to stop the bicycle. Brakes are typically large, knobby rubberized pads that are squeezed together to create friction against the rear wheel to stop the bicycle. Brakes are typically large, knobby rubberized pads that are squeezed together to create friction against the rear wheel to stop the bicycle.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bicycle brakes and parts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Japan$409M
Top Destination (2023)Germany$277M

In 2023 Bicycle brakes and parts were the world's 1625th most traded product (out of 4,644).

In 2023, the top exporters of Bicycle brakes and parts were Japan ($409M), Malaysia ($360M), Chinese Taipei ($264M), China ($243M), and Germany ($84.6M).

In 2023, the top importers of Bicycle brakes and parts were Germany ($277M), Singapore ($205M), China ($112M), Chinese Taipei ($112M), and Netherlands ($93.1M).

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Exporters of Bicycle brakes and parts (2023)
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Importers of Bicycle brakes and parts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$2.37M
Top Destination Growth (2022 -  2023)Czechia$3.29M

Between 2022 and 2023, the exports of Bicycle brakes and parts grew the fastest in United Kingdom ($2.37M), Lithuania ($1.75M), Austria ($1.08M), Poland ($1.03M), and Thailand ($997k).

Between 2022 and 2023, the fastest growing importers of Bicycle brakes and parts were Czechia ($3.29M), Saudi Arabia ($3.24M), Kazakhstan ($1.66M), Luxembourg ($1.32M), and Greece ($736k).

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Exporters of Bicycle brakes and parts (2022 - 2023)

Importers of Bicycle brakes and parts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bicycle brakes and parts.

In 2023, market concentration measured using Shannon Entropy, was 3.08. This means that most of the exports of Bicycle brakes and parts are explained by 8 countries.

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Value of Exports in Bicycle brakes and parts

Net Trade

TOP NET EXPORTER (2023)Japan$397M
TOP NET IMPORTER (2023)Germany$192M

This map shows which countries export or import more of Bicycle brakes and parts. Each country is colored based on the difference in exports and imports of Bicycle brakes and parts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bicycle brakes and parts were Japan ($397M), Malaysia ($358M), Chinese Taipei ($153M), China ($130M), and India ($15.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Bicycle brakes and parts were Germany ($192M), Singapore ($148M), Netherlands ($75.6M), Italy ($48.1M), and Spain ($47.1M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bicycle brakes and parts.
It is possible to select the main countries that export or import Bicycle brakes and parts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bicycle brakes and parts by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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