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2022
Exports $117MWorld Rnk 25 / 182
Flag Rnk 373 / 1216
2022
Destination $5.9M Israel
2021 - 2022
FASTEST GROWING MARKET $5.9MNetherlands
2022
PRODUCT COMPLEXITY IN Motorcycles and cycles0.36Rnk 420 / 1025
2022
Imports $1.19BWorld Rnk 9 / 221
Flag Rnk 113 / 1214
2022
Origin $36.8M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $36.8MGermany
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $117M in Motorcycles and cycles, making it the 25th largest exporter of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 373rd most exported product in United Kingdom. The main destination of Motorcycles and cycles exports from United Kingdom are: Israel ($13.8M), Netherlands ($13M), United States ($11.2M), Switzerland ($8.27M), and Germany ($7.95M).

The fastest growing export markets for Motorcycles and cycles of United Kingdom between 2021 and 2022 were Netherlands ($5.9M), Germany ($3.48M), and Italy ($3.32M).

Imports In 2022, United Kingdom imported $1.19B in Motorcycles and cycles, becoming the 9th largest importer of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 113th most imported product in United Kingdom. United Kingdom imports Motorcycles and cycles primarily from: Thailand ($243M), Germany ($158M), China ($143M), Italy ($128M), and Chinese Taipei ($87.6M).

The fastest growing import markets in Motorcycles and cycles for United Kingdom between 2021 and 2022 were Germany ($36.8M), Italy ($22.7M), and Japan ($16.9M).

COMPANIES In 2023, leading companies such as Pernod Ricard (2) were at the forefront of shipping Motorcycles and cycles from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Motorcycles and cycles exports accounted up to £7.25M and imports accounted up to £81.9M, resulting in a negative trade balance of £74.6M. Between June 2023 and June 2024 the exports of United Kingdom's   Motorcycles and cycles have increased by £1.84M (34.1%) from £5.4M to £7.25M, while imports decreased by £-8.75M (-9.66%) from £90.6M to £81.9M.

Destinations In June 2024, Motorcycles and cycles were exported mostly to Turkey (£1.25M), Netherlands (£964k), United States (£865k), Czechia (£667k), and India (£460k), and were imported mostly from Germany (£15.1M), Netherlands (£10.3M), Japan (£7.42M), China (£6.43M), and Austria (£5.93M).

Growth In June 2024, the increase in Motorcycles and cycles's year-by-year exports was explained primarily by an increase in exports to Czechia (£557k or 438%), Netherlands (£365k or 174%), and Sweden (£251k or 799%). In June 2024, the decrease in Motorcycles and cycles's year-by-year imports was explained primarily by a decrease in imports from China (£-5.33M or -41.1%), Hong Kong (£-2.35M or -92.2%), and India (£-1.29M or -45.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£1.84M(34.1%)
IMPORT GROWTH (June 2023 - June 2024)£-8.75M(-9.66%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£5.2M
MAIN DESTINATION (June 2024)Turkey£1.25M

This section shows Motorcycles and cycles's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Motorcycles and cycles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$117M
IMPORTS (2022)$1.19B
NET TRADE (2022)-$1.08B

In 2022, United Kingdom exported $117M in Motorcycles and cycles. The main destinations of United Kingdom exports on Motorcycles and cycles were Israel ($13.8M), Netherlands ($13M), United States ($11.2M), Switzerland ($8.27M), and Germany ($7.95M).

In 2022, United Kingdom imported $1.19B in Motorcycles and cycles, mainly from Thailand ($243M), Germany ($158M), China ($143M), Italy ($128M), and Chinese Taipei ($87.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motorcycles and cycles EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$5.9M (82.7%)
Germany$3.48M (77.8%)
Italy$3.32M (308%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motorcycles and cycles BY United Kingdom WERE (2021 - 2022):
Switzerland-$11.2M (-57.6%)
Ireland-$4.07M (-39.9%)
Israel-$3.42M (-19.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Motorcycles and cycles were:
China $11.6B
Germany $3.36B
Japan $3.25B
In 2022, United Kingdom's main importing competitors in Motorcycles and cycles were:
United States $5.02B
Germany $3.71B
France $2.53B

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Trade Value of Motorcycles and cycles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.4M
TOP IMPORT POTENTIALChina+ $75.2M

Motorcycles and cycles’s highest export potential is United States. With an export gap of $10.4M.   Motorcycles and cycles’s highest import potential is China with an import gap of $75.2M.

See methodology.

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