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2023
Exports $769MWorld Rnk 12 / 190
Flag Rnk 286 / 1217
2023
Destination $9.25M Canada
2022 - 2023
FASTEST GROWING MARKET $9.25MAustralia
2023
PRODUCT COMPLEXITY IN Motorcycles and cycles0.4Rnk 414 / 1025
2023
Imports $4.28BWorld Rnk 1 / 221
Flag Rnk 131 / 1215
2023
Origin $18.2M China
2022 - 2023
FASTEST GROWING ORIGIN $18.2MCambodia
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $769M in Motorcycles and cycles, making it the 12th largest exporter of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 286th most exported product in United States. The main destination of Motorcycles and cycles exports from United States are: Canada ($182M), Germany ($164M), Japan ($36.9M), South Korea ($34.1M), and Mexico ($32.7M).

The fastest growing export markets for Motorcycles and cycles of United States between 2022 and 2023 were Australia ($9.25M), United Arab Emirates ($5.6M), and Turkey ($5.01M).

Imports In 2023, United States imported $4.28B in Motorcycles and cycles, becoming the 1st largest importer of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 131st most imported product in United States. United States imports Motorcycles and cycles primarily from: China ($1.09B), Japan ($792M), Austria ($445M), Thailand ($416M), and Chinese Taipei ($380M).

The fastest growing import markets in Motorcycles and cycles for United States between 2022 and 2023 were Cambodia ($18.2M), Bulgaria ($14.1M), and Italy ($11.6M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (181), Costco Wholesale (11), and Kubota (9) were at the forefront of shipping Motorcycles and cycles to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Motorcycles and cycles exports accounted up to $47.7M and imports accounted up to $339M, resulting in a negative trade balance of $292M. Between November 2023 and November 2024 the exports of United States'   Motorcycles and cycles have increased by $6.92M (17%) from $40.8M to $47.7M, while imports increased by $24.9M (7.92%) from $314M to $339M.

Destinations In November 2024, Motorcycles and cycles were exported mostly to Mexico ($7.17M), Canada ($6.54M), Belgium ($5.7M), South Korea ($4.24M), and Netherlands ($3.59M), and were imported mostly from Japan ($96.7M), Austria ($76.7M), China ($57.3M), Thailand ($30.2M), and Germany ($20.4M).

Growth In November 2024, the increase in Motorcycles and cycles's year-by-year exports was explained primarily by an increase in exports to Germany ($2.58M or 132%), Netherlands ($1.38M or 59.9%), and Mexico ($925k or 44.2%). In November 2024, the increase in Motorcycles and cycles's year-by-year imports was explained primarily by an increase in imports from Japan ($18.5M or 30.9%), Thailand ($11.7M or 26.3%), and Italy ($11.1M or 141%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$6.92M(17%)
IMPORT GROWTH (November 2023 - November 2024)$24.9M(7.92%)
MAIN EXPORTER (November 2024)Pennsylvania$39.2M
MAIN DESTINATION (November 2024)Mexico$7.17M

This section shows Motorcycles and cycles's exports and imports data at subnational level for United States. 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 (2023)$769M
IMPORTS (2023)$4.28B
NET TRADE (2023)-$3.51B

In 2023, United States exported $769M in Motorcycles and cycles. The main destinations of United States exports on Motorcycles and cycles were Canada ($182M), Germany ($164M), Japan ($36.9M), South Korea ($34.1M), and Mexico ($32.7M).

In 2023, United States imported $4.28B in Motorcycles and cycles, mainly from China ($1.09B), Japan ($792M), Austria ($445M), Thailand ($416M), and Chinese Taipei ($380M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motorcycles and cycles EXPORT MARKETS FOR United States WERE (2022 - 2023):
Australia$9.25M (47.1%)
United Arab Emirates$5.6M (56.2%)
Turkey$5.01M (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motorcycles and cycles BY United States WERE (2022 - 2023):
South Korea-$17.6M (-34.1%)
New Zealand-$9M (-54.6%)
Germany-$6.9M (-4.03%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Motorcycles and cycles were:
China $9.61B
Japan $3.39B
Germany $3.24B
In 2023, United States's main importing competitors in Motorcycles and cycles were:
Germany $3.39B
France $2.12B

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Trade Value of Motorcycles and cycles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $21.4M
TOP IMPORT POTENTIALChina+ $185M

Motorcycles and cycles’s highest export potential is Mexico. With an export gap of $21.4M.   Motorcycles and cycles’s highest import potential is China with an import gap of $185M.

See methodology.

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