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871492 (Harmonized System 1992 for 6-digit)

2022
World Trade $903MRnk 2323 / 4648
2022
Top Exporter | Top Importer $340M | $107MChina | Germany
2022
Product Complexity 0.71Rnk 1256 / 4653
2021 - 2022
Export Growth (CAGR) 4.48%Rnk 2299 / 4648
2022
Share of World Trade 0.0038%Rnk 2323 / 4648

About

Overview This page contains the latest trade data of Bicycle wheel rims and spokes. In 2022, Bicycle wheel rims and spokes were the world's 2323rd most traded product, with a total trade of $903M. Between 2021 and 2022 the exports of Bicycle wheel rims and spokes grew by 4.48%, from $864M to $903M. Trade in Bicycle wheel rims and spokes represent 0.0038% of total world trade.

Bicycle wheel rims and spokes are a part of Bi-Wheel Vehicle Parts.

Exports In 2022 the top exporters of Bicycle wheel rims and spokes  were China ($340M), Chinese Taipei ($169M), Malaysia ($45.9M), Belgium ($38.9M), and Italy ($37.7M).

Imports In 2022 the top importers of Bicycle wheel rims and spokes were Germany ($107M), Chinese Taipei ($101M), Netherlands ($56.3M), United States ($53.8M), and Poland ($41.6M).

Ranking Bicycle wheel rims and spokes ranks 1256th in the Product Complexity Index (PCI).

Description Bicycle wheels consist of a hub, spokes, and a rim. The hub is attached to the axle the spokes which are attached to the rim. The rim is attached to the spokes and the hub to create a circular shape. The hub and the spokes act as the frame for the wheel and the rim is what supports the tire.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bicycle wheel rims and spokes. 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 (2022)China$340M
Top Destination (2022)Germany$107M

In 2022 Bicycle wheel rims and spokes were the world's 2323rd most traded product (out of 4,648).

In 2022, the top exporters of Bicycle wheel rims and spokes were China ($340M), Chinese Taipei ($169M), Malaysia ($45.9M), Belgium ($38.9M), and Italy ($37.7M).

In 2022, the top importers of Bicycle wheel rims and spokes were Germany ($107M), Chinese Taipei ($101M), Netherlands ($56.3M), United States ($53.8M), and Poland ($41.6M).

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Exporters of Bicycle wheel rims and spokes (2022)
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Importers of Bicycle wheel rims and spokes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Chinese Taipei$34.9M
Top Destination Growth (2021 -  2022)Germany$11.1M

Between 2021 and 2022, the exports of Bicycle wheel rims and spokes grew the fastest in Chinese Taipei ($34.9M), Malaysia ($14.6M), Hungary ($5.74M), Portugal ($5.38M), and Italy ($4.26M).

Between 2021 and 2022, the fastest growing importers of Bicycle wheel rims and spokes were Germany ($11.1M), Singapore ($10M), Chinese Taipei ($9.41M), Romania ($8.99M), and Netherlands ($6.78M).

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Exporters of Bicycle wheel rims and spokes (2021 - 2022)

Importers of Bicycle wheel rims and spokes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bicycle wheel rims and spokes.

In 2022, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Bicycle wheel rims and spokes are explained by 10 countries.

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Value of Exports in Bicycle wheel rims and spokes

Net Trade

TOP NET EXPORTER (2022)China$326M
TOP NET IMPORTER (2022)Germany$78.9M

This map shows which countries export or import more of Bicycle wheel rims and spokes. Each country is colored based on the difference in exports and imports of Bicycle wheel rims and spokes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bicycle wheel rims and spokes were China ($326M), Chinese Taipei ($67.8M), Malaysia ($31.6M), Belgium ($30.6M), and Switzerland ($22.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Bicycle wheel rims and spokes were Germany ($78.9M), Netherlands ($41M), United States ($29.5M), Poland ($28M), and Indonesia ($27.3M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Bicycle wheel rims and spokes 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 (2022)

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