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871496 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.01BRnk 2093 / 4644
2023
Top Exporter | Top Importer $250M | $168MChinese Taipei | Germany
2023
Product Complexity 0.73Rnk 1227 / 4656
2022 - 2023
Export Growth (CAGR) -33.4%Rnk 4333 / 4644
2023
Share of World Trade 0.0045%Rnk 2093 / 4644

About

Overview This page contains the latest trade data of Bicycle pedals/crank-gear, parts thereof. In 2023, Bicycle pedals/crank-gear, parts thereof were the world's 2093rd most traded product, with a total trade of $1.01B. Between 2022 and 2023 the exports of Bicycle pedals/crank-gear, parts thereof decreased by -33.4%, from $1.52B to $1.01B. Trade in Bicycle pedals/crank-gear, parts thereof represent 0.0045% of total world trade.

Bicycle pedals/crank-gear, parts thereof are a part of Bi-Wheel Vehicle Parts.

Exports In 2023 the top exporters of Bicycle pedals/crank-gear, parts thereof  were Chinese Taipei ($250M), Malaysia ($186M), China ($157M), Japan ($138M), and Germany ($59.7M).

Imports In 2023 the top importers of Bicycle pedals/crank-gear, parts thereof were Germany ($168M), Singapore ($110M), Netherlands ($73.1M), United States ($61.5M), and France ($48M).

Ranking Bicycle pedals/crank-gear, parts thereof ranks 1227th in the Product Complexity Index (PCI).

Description Bicycle pedals/crank-gear are used to transfer the power from the pedals to the rear wheel. Parts include the crank, which is the long metal rod with pedals on each end, the crank arms, which are the long metal rods that are attached to the crank, and the chainring, which is the metal gear that is on the crank arm.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bicycle pedals/crank-gear, parts thereof. 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 (2023)Chinese Taipei$250M
Top Destination (2023)Germany$168M

In 2023 Bicycle pedals/crank-gear, parts thereof were the world's 2093rd most traded product (out of 4,644).

In 2023, the top exporters of Bicycle pedals/crank-gear, parts thereof were Chinese Taipei ($250M), Malaysia ($186M), China ($157M), Japan ($138M), and Germany ($59.7M).

In 2023, the top importers of Bicycle pedals/crank-gear, parts thereof were Germany ($168M), Singapore ($110M), Netherlands ($73.1M), United States ($61.5M), and France ($48M).

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Exporters of Bicycle pedals/crank-gear, parts thereof (2023)
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Importers of Bicycle pedals/crank-gear, parts thereof (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Ireland$796k
Top Destination Growth (2022 -  2023)Vietnam$8.17M

Between 2022 and 2023, the exports of Bicycle pedals/crank-gear, parts thereof grew the fastest in Ireland ($796k), Mexico ($731k), Romania ($421k), Lithuania ($357k), and Luxembourg ($335k).

Between 2022 and 2023, the fastest growing importers of Bicycle pedals/crank-gear, parts thereof were Vietnam ($8.17M), China ($7.64M), Austria ($2.95M), Luxembourg ($1.78M), and Lithuania ($1.49M).

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Exporters of Bicycle pedals/crank-gear, parts thereof (2022 - 2023)

Importers of Bicycle pedals/crank-gear, parts thereof (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bicycle pedals/crank-gear, parts thereof.

In 2023, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Bicycle pedals/crank-gear, parts thereof are explained by 10 countries.

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Value of Exports in Bicycle pedals/crank-gear, parts thereof

Net Trade

TOP NET EXPORTER (2023)Chinese Taipei$207M
TOP NET IMPORTER (2023)Germany$108M

This map shows which countries export or import more of Bicycle pedals/crank-gear, parts thereof. Each country is colored based on the difference in exports and imports of Bicycle pedals/crank-gear, parts thereof during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bicycle pedals/crank-gear, parts thereof were Chinese Taipei ($207M), Malaysia ($183M), Japan ($125M), China ($109M), and Philippines ($13.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Bicycle pedals/crank-gear, parts thereof were Germany ($108M), Singapore ($79M), United States ($54.7M), Netherlands ($52.2M), and Spain ($28.8M).

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 Bicycle pedals/crank-gear, parts thereof.
It is possible to select the main countries that export or import Bicycle pedals/crank-gear, parts thereof in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bicycle pedals/crank-gear, parts thereof 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 (2023)

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