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Bicycles and other cycles; including delivery tricycles, not motorised

8712 (Harmonized System 1992 for 4-digit)

2023
World Trade $8.78BRnk 389 / 1217
2023
Top Exporter | Top Importer $2.4B | $1.25BChina | United States
2023
Product Complexity 0.33Rnk 439 / 1044
2022 - 2023
Export Growth (CAGR) -23.9%Rnk 1092 / 1217
2023
Share of World Trade 0.039%Rnk 389 / 1217

About

Overview This page contains the latest trade data of Bicycles, delivery tricycles, other cycles. In 2023, Bicycles, delivery tricycles, other cycles were the world's 389th most traded product, with a total trade of $8.78B. Between 2022 and 2023 the exports of Bicycles, delivery tricycles, other cycles decreased by -23.9%, from $11.5B to $8.78B. Trade in Bicycles, delivery tricycles, other cycles represent 0.039% of total world trade.

Bicycles, delivery tricycles, other cycles are a part of Cars, tractors, trucks & parts thereof.. They include Bicycles.

Exports In 2023 the top exporters of Bicycles, delivery tricycles, other cycles  were China ($2.4B), Chinese Taipei ($1.74B), Germany ($955M), Cambodia ($491M), and Netherlands ($452M).

Imports In 2023 the top importers of Bicycles, delivery tricycles, other cycles were United States ($1.25B), Germany ($1.11B), Netherlands ($709M), Japan ($550M), and France ($450M).

Ranking Bicycles, delivery tricycles, other cycles ranks 439th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Bicycles, delivery tricycles, other cycles. Countries are shown based on data availability.

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

Explore Latest Trends

* 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$2.4B
Top Destination (2023)United States$1.25B

In 2023 Bicycles, delivery tricycles, other cycles were the world's 389th most traded product (out of 1,217).

In 2023, the top exporters of Bicycles, delivery tricycles, other cycles were China ($2.4B), Chinese Taipei ($1.74B), Germany ($955M), Cambodia ($491M), and Netherlands ($452M).

In 2023, the top importers of Bicycles, delivery tricycles, other cycles were United States ($1.25B), Germany ($1.11B), Netherlands ($709M), Japan ($550M), and France ($450M).

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Exporters of Bicycles, delivery tricycles, other cycles (2023)
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Importers of Bicycles, delivery tricycles, other cycles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$5.42M
Top Destination Growth (2022 -  2023)China$131M

Between 2022 and 2023, the exports of Bicycles, delivery tricycles, other cycles grew the fastest in United Kingdom ($5.42M), Hungary ($3.58M), Andorra ($3.28M), Australia ($1.6M), and Saudi Arabia ($1.41M).

Between 2022 and 2023, the fastest growing importers of Bicycles, delivery tricycles, other cycles were China ($131M), Switzerland ($15.8M), Czechia ($12.8M), Russia ($11.5M), and Iran ($7.31M).

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Exporters of Bicycles, delivery tricycles, other cycles (2022 - 2023)

Importers of Bicycles, delivery tricycles, other cycles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bicycles, delivery tricycles, other cycles.

In 2023, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Bicycles, delivery tricycles, other cycles are explained by 13 countries.

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Value of Exports in Bicycles, delivery tricycles, other cycles

Net Trade

TOP NET EXPORTER (2023)China$2.18B
TOP NET IMPORTER (2023)United States$1.19B

This map shows which countries export or import more of Bicycles, delivery tricycles, other cycles. Each country is colored based on the difference in exports and imports of Bicycles, delivery tricycles, other cycles during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bicycles, delivery tricycles, other cycles were China ($2.18B), Chinese Taipei ($1.71B), Cambodia ($474M), Portugal ($209M), and Italy ($112M).

In 2023, the countries that had a largest trade value in imports than in exports of Bicycles, delivery tricycles, other cycles were United States ($1.19B), Japan ($505M), France ($352M), United Kingdom ($258M), and Netherlands ($257M).

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 Bicycles, delivery tricycles, other cycles.
It is possible to select the main countries that export or import Bicycles, delivery tricycles, other cycles in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bicycles, delivery tricycles, other cycles by percentage of total exports

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $34.7M
TOP IMPORT POTENTIALCambodia+ $5.18M

Bicycles, delivery tricycles, other cycles’s highest export potential is Russia. With an export gap of $34.7M.  Bicycles, delivery tricycles, other cycles’s highest import potential is Cambodia with an import gap of $5.18M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Bicycles, delivery tricycles, other cycles.

Country by Relatedness

The following visualization shows the relatedness of Bicycles, delivery tricycles, other cycles to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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