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Bicycle frames and forks, and parts thereof

871491 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.63BRnk 964 / 4644
2023
Top Exporter | Top Importer $1.88B | $869MChina | Germany
2023
Product Complexity -0.69Rnk 3494 / 4656
2022 - 2023
Export Growth (CAGR) -31%Rnk 4257 / 4644
2023
Share of World Trade 0.016%Rnk 964 / 4644

About

Overview This page contains the latest trade data of Bicycle frames and forks and parts. In 2023, Bicycle frames and forks and parts were the world's 964th most traded product, with a total trade of $3.63B. Between 2022 and 2023 the exports of Bicycle frames and forks and parts decreased by -31%, from $5.26B to $3.63B. Trade in Bicycle frames and forks and parts represent 0.016% of total world trade.

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

Exports In 2023 the top exporters of Bicycle frames and forks and parts  were China ($1.88B), Chinese Taipei ($979M), Vietnam ($314M), Germany ($63M), and Italy ($58.9M).

Imports In 2023 the top importers of Bicycle frames and forks and parts were Germany ($869M), Chinese Taipei ($370M), Netherlands ($241M), United States ($174M), and Italy ($155M).

Ranking Bicycle frames and forks and parts ranks 3494th in the Product Complexity Index (PCI).

Description A bicycle frame is the main structural system of the bike. It is usually made of steel, aluminum, titanium, or carbon fiber. The frame supports the rider and any cargo and transmits the rider's power to the drivetrain. The frame attaches to the fork via the head tube. The fork is the go-between connecting the bike frame and the front wheel, and it usually holds the front wheel axle and the front brake.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bicycle frames and forks 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)China$1.88B
Top Destination (2023)Germany$869M

In 2023 Bicycle frames and forks and parts were the world's 964th most traded product (out of 4,644).

In 2023, the top exporters of Bicycle frames and forks and parts were China ($1.88B), Chinese Taipei ($979M), Vietnam ($314M), Germany ($63M), and Italy ($58.9M).

In 2023, the top importers of Bicycle frames and forks and parts were Germany ($869M), Chinese Taipei ($370M), Netherlands ($241M), United States ($174M), and Italy ($155M).

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Exporters of Bicycle frames and forks and parts (2023)
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Importers of Bicycle frames and forks and parts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Portugal$4.37M
Top Destination Growth (2022 -  2023)Hungary$28.9M

Between 2022 and 2023, the exports of Bicycle frames and forks and parts grew the fastest in Portugal ($4.37M), Thailand ($3.19M), Seychelles ($3.04M), Hong Kong ($2.91M), and Italy ($2.59M).

Between 2022 and 2023, the fastest growing importers of Bicycle frames and forks and parts were Hungary ($28.9M), Philippines ($3.12M), Uzbekistan ($1.92M), Ireland ($1.44M), and Saudi Arabia ($908k).

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Exporters of Bicycle frames and forks and parts (2022 - 2023)

Importers of Bicycle frames and forks and parts (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.26. This means that most of the exports of Bicycle frames and forks and parts are explained by 4 countries.

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Value of Exports in Bicycle frames and forks and parts

Net Trade

TOP NET EXPORTER (2023)China$1.81B
TOP NET IMPORTER (2023)Germany$806M

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

In 2023, the countries that had a largest trade value in exports than in imports of Bicycle frames and forks and parts were China ($1.81B), Chinese Taipei ($610M), Vietnam ($265M), Burma ($20.7M), and Slovenia ($12.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Bicycle frames and forks and parts were Germany ($806M), Netherlands ($219M), United States ($146M), Spain ($140M), and France ($129M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Bicycle frames and forks 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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