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871499 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.82BRnk 761 / 4644
2023
Top Exporter | Top Importer $1.31B | $782MChinese Taipei | Germany
2023
Product Complexity 1.01Rnk 762 / 4656
2022 - 2023
Export Growth (CAGR) -33.1%Rnk 4324 / 4644
2023
Share of World Trade 0.021%Rnk 761 / 4644

About

Overview This page contains the latest trade data of Bicycle parts nes. In 2023, Bicycle parts nes were the world's 761st most traded product, with a total trade of $4.82B. Between 2022 and 2023 the exports of Bicycle parts nes decreased by -33.1%, from $7.2B to $4.82B. Trade in Bicycle parts nes represent 0.021% of total world trade.

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

Exports In 2023 the top exporters of Bicycle parts nes  were Chinese Taipei ($1.31B), China ($1.08B), Japan ($420M), Germany ($319M), and Indonesia ($224M).

Imports In 2023 the top importers of Bicycle parts nes were Germany ($782M), Netherlands ($282M), China ($263M), Chinese Taipei ($242M), and United States ($240M).

Ranking Bicycle parts nes ranks 762nd in the Product Complexity Index (PCI).

Description The saddle is the part that sits in between the rider's legs. The handlebars are the part that the rider can hold onto. The pedals are the part that the rider uses to move the bike forward. The chain is the part that connects the pedals to the wheel. The wheel is the part that is held together by spokes. The air is what is in the tube that is pushed by the moving wheel.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bicycle parts nes. 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)Chinese Taipei$1.31B
Top Destination (2023)Germany$782M

In 2023 Bicycle parts nes were the world's 761st most traded product (out of 4,644).

In 2023, the top exporters of Bicycle parts nes were Chinese Taipei ($1.31B), China ($1.08B), Japan ($420M), Germany ($319M), and Indonesia ($224M).

In 2023, the top importers of Bicycle parts nes were Germany ($782M), Netherlands ($282M), China ($263M), Chinese Taipei ($242M), and United States ($240M).

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Exporters of Bicycle parts nes (2023)
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Importers of Bicycle parts nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$4.66M
Top Destination Growth (2022 -  2023)Kyrgyzstan$12.9M

Between 2022 and 2023, the exports of Bicycle parts nes grew the fastest in Spain ($4.66M), South Africa ($2M), Chile ($1.91M), Bangladesh ($938k), and Austria ($838k).

Between 2022 and 2023, the fastest growing importers of Bicycle parts nes were Kyrgyzstan ($12.9M), Tajikistan ($9.58M), Hong Kong ($3.68M), Austria ($3.63M), and United Arab Emirates ($3.4M).

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Exporters of Bicycle parts nes (2022 - 2023)

Importers of Bicycle parts nes (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Bicycle parts nes are explained by 12 countries.

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Value of Exports in Bicycle parts nes

Net Trade

TOP NET EXPORTER (2023)Chinese Taipei$1.07B
TOP NET IMPORTER (2023)Germany$463M

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

In 2023, the countries that had a largest trade value in exports than in imports of Bicycle parts nes were Chinese Taipei ($1.07B), China ($815M), Japan ($333M), Indonesia ($109M), and Malaysia ($42.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Bicycle parts nes were Germany ($463M), United States ($164M), France ($133M), Austria ($127M), and Netherlands ($113M).

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 parts nes.
It is possible to select the main countries that export or import Bicycle parts nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bicycle parts nes 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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