HS Icon Motorcycles

8711 (Harmonized System 1992 for 4-digit)

World Trade (2018): $27.8B, Rnk 135 / 1225

Top Exporter (2018): $7.24B, China

Top Importer (2018): $2.74B, United States

Product Complexity (2018): 0.67, Rnk 294 / 1018

Export Growth (CAGR)(2017 - 2018): 22.1%, Rnk 292 / 1225

Mean Tariff (2018): 15.6%, Rnk 178 / 1259

Share of World Trade (2018): 0.15%, Rnk 135 / 1225

Overview:  This page contains the latest trade data of Motorcycles. In 2018, Motorcycles were the world's 135th most traded product, with a total trade of $27.8B. Between 2017 and 2018 the exports of Motorcycles grew by 22.1%, from  $22.8B to $27.8B. Trade in Motorcycles represent 0.15% of total world trade.

Exports: In 2018 the top exporters of Motorcycles  were China ($7.24B), Japan ($3.23B), Germany ($2.33B), India ($2.09B), and Thailand ($1.64B).

Imports: In 2018 the top importers of Motorcycles were United States ($2.74B), Germany ($2.41B), France ($1.94B), Netherlands ($1.41B), and Philippines ($1.35B).

Tariffs: In 2018 the average tariff for Motorcycles was 15.6%, been the 178 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Motorcycles are India (83.4%), Maldives (76.3%), Vietnam (66.1%), Iran (65%), and Thailand (57%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Zambia (0%), Hong Kong (0%), and Japan (0%).

Ranking: Motorcycles ranks 294th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $7.24B

Top Destination (2018): United States, $2.74B

Motorcycles are the world's 135th most traded product.

In 2018, the top exporters of Motorcycles were China ($7.24B), Japan ($3.23B), Germany ($2.33B), India ($2.09B), and Thailand ($1.64B).

In 2018, the top importers of Motorcycles were United States ($2.74B), Germany ($2.41B), France ($1.94B), Netherlands ($1.41B), and Philippines ($1.35B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $1.5B

Top Destination Growth (2017 - 2018): Germany, $668M

Between 2017 and 2018, the exports of Motorcycles grew the fastest in China ($1.5B), Netherlands ($445M), Germany ($420M), Belgium-Luxembourg ($380M), and Austria ($351M).

Between 2017 and 2018, the fastest growing importers of Motorcycles were Germany ($668M), United States ($480M), Philippines ($438M), Netherlands ($438M), and Spain ($323M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Motorcycles.

In 2018,  market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Motorcycles are explained by 14 countries.

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TOP NET EXPORTER (2018): China, $6.99B

TOP NET IMPORTER (2018): United States, $1.47B

This map shows which countries export or import more of Motorcycles. Each country is colored based on the difference in exports and imports of Motorcycles during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Motorcycles were China ($6.99B), Japan ($2.54B), India ($2.01B), Thailand ($1.33B), and Indonesia ($1.14B).

In 2018, the countries that had a largest trade value in imports than in exports of Motorcycles were United States ($1.47B), France ($1.44B), Philippines ($1.34B), Spain ($895M), and United Kingdom ($608M).

Import Tariffs

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In 2018, the average tariff for importing Motorcycles was 15.6%.  The countries with the highest tariffs for importing Motorcycles were India (83.4%), Maldives (76.3%), Vietnam (66.1%), Iran (65%), and Thailand (57%).

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Product Complexity

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Diversification Frontier

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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.