Motorcycles and cycles (HS: Motorcycles) Product Trade, Exporters and Importers | The Observatory of Economic Complexity (2024)

Latest Data

The following visualization shows the latest trends on Motorcycles and 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.

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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.

Exporters and Importers

In 2022 Motorcycles and cycles were the world's 112th most traded product (out of 1,218).

In 2022, the top exporters of Motorcycles and cycles were China ($11.6B), Germany ($3.36B), Japan ($3.25B), Thailand ($3.12B), and India ($2.89B).

In 2022, the top importers of Motorcycles and cycles were United States ($5.02B), Germany ($3.71B), France ($2.53B), Netherlands ($2.31B), and Italy ($1.66B).

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Market Dynamics

Between 2021 and 2022, the exports of Motorcycles and cycles grew the fastest in China ($721M), Vietnam ($357M), Japan ($336M), Italy ($331M), and Chinese Taipei ($285M).

Between 2021 and 2022, the fastest growing importers of Motorcycles and cycles were United States ($1.4B), Germany ($416M), Colombia ($266M), Canada ($168M), and Turkey ($122M).

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Market Concentration

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

In 2022, market concentration measured using Shannon Entropy, was 3.94. This means that most of the exports of Motorcycles and cycles are explained by 15 countries.

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Net Trade

This map shows which countries export or import more of Motorcycles and cycles. Each country is colored based on the difference in exports and imports of Motorcycles and cycles during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Motorcycles and cycles were China ($10.6B), India ($2.76B), Thailand ($2.64B), Japan ($2.31B), and Chinese Taipei ($1.74B).

In 2022, the countries that had a largest trade value in imports than in exports of Motorcycles and cycles were United States ($4.25B), France ($1.89B), Philippines ($1.62B), Belgium ($1.13B), and United Kingdom ($1.08B).

Disaggregation

In 2022, the world most traded Motorcycles and cycles, disaggragated by their HS6 level were Other Motorcycles ($14.2B), Motorcycles, Spark ignition 50-250 cc ($12.8B), Motorcycles, Spark ignition > 800 cc ($7.91B), Motorcycles, Spark ignition 250-500 cc ($3.28B), and Motorcycles, Spark ignition 500-800 cc ($2.77B)

Country Comparison

This visualization shows the countries that have an important ratio of their trade related to Motorcycles and cycles. It is possible to select the main countries that export or import Motorcycles and cycles in the world, or by continent, as well as select the measure of interest.

Potential Exports

Motorcycles and cycles’s highest export potential is United States. With an export gap of $185M. Motorcycles and cycles’s highest import potential is Vietnam with an import gap of $78.8M.

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Diversification Frontier

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.

Related Products

This visualization shows products that are likely to be exported by countries that export Motorcycles and cycles.