Motorcycle Export Data: Asia’s Dominance and Emerging Competitors

In the world of motorcycle exports, Asia has long been a dominant player. With countries like Japan, China, and India leading the way in production and export numbers, it comes as no surprise that the region continues to hold a strong foothold in the global market. However, there are emerging competitors on the horizon that are starting to make a name for themselves in the bike industry, as per the reports of the International Motorcycle Manufacturers Association. According to the motorcycle export data and global trade data, the total value of motorcycle exports reached $42.37 billion in 2024, a 7.3% increase from the previous year. There are more than 22 million motorcycle export shipments around the world, as per the motorcycle export trade data. In this article, we will explore the latest motorcycle export data for 2024-25, focusing on Asia's dominance and the rising competition from other regions.

The Power of Asia in Motorcycle Exports

Asia's dominance in motorcycle exports can be attributed to several factors. Firstly, the region is home to some of the world's largest motorcycle manufacturers, with companies like Honda, Yamaha, and Suzuki all based in Asia. These companies have established themselves as industry leaders, producing high-quality bikes that are in demand both domestically and internationally. In addition to high-quality manufacturing, Asian countries also benefit from lower production costs compared to other regions. This allows them to offer competitive pricing on their motorcycles, making them attractive options for buyers around the world. The total value of motorcycle exports from Asia, reached $27.05 billion in 2024, as per the Asia trade data. 

Furthermore, Japan, in particular, has long been a leader in the industry, known for producing high-quality motorcycles that are sought after worldwide. China and India have also emerged as key players, with their large domestic markets driving export growth. Countries like Thailand, Vietnam, and Indonesia have also seen a surge in motorcycle production, further solidifying Asia's position as a dominant force in the global market.

Top 10 Motorcycle Exporting Countries: Motorcycle Exports by Country

The motorcycle industry boasts significant global trade, with leading countries contributing to its exports. These countries are also the top 10 motorcycle producing countries. The top 10 motorcycle exporting countries include major players like China, Japan, and Germany. China stands out as the primary exporter, dominating the market share with its mass production capabilities. The leading motorcycle exporting countries in the world, as per the motorcycle export shipment data and international export statistics for motorcycle exports by country in 2024-25, include:

1. China: $14.53 billion (34.3%)

China takes the lead as the top motorcycle exporter in the world, with a total export value of $14.53 billion in 2024. The country's top export markets include the United States, India, and Japan. China's vast manufacturing capabilities, quality sports bikes, and competitive pricing have solidified its position as a global leader in motorcycle exports.

2. Germany: $3.42 billion (8.1%)

Germany follows closely behind China, with motorcycle exports totaling $3.42 billion in 2024, as per Germany motorcycle export data. The country is known for its high-quality engineering and innovative design, making German motorcycles highly sought after worldwide. Germany's top export markets include the United States, France, and Italy.

3. Japan: $3.30 billion (7.8%)

Japan is another major motorcycle exporter in the global motorcycle export market, with exports reaching $3.30 billion in 2024, based on Japan Motorcycle export data. Japanese motorcycles are renowned for their reliability and performance, making them popular choices among consumers. Japan's top export markets for Japanese motorcycle exporters include the United States, Australia, and Germany. The US is Japan’s top export destination for motorcycles, as per the data on Japan motorcycle exports to the USA.

4. India: $3.16 billion (7.5%)

India has emerged as a key player in the motorcycle export industry, with total exports amounting to $3.16 billion in 2024. The country is known for its cost-effective production methods and diverse range of motorcycle models. India's top export markets include the United States, Colombia, and Nigeria. Africa is the top importer of Indian motorcycles. In the African continent, Uganda is a top importer of motorcycles from India, as per the data on Uganda motorcycle imports from India.

5. Thailand: $2.49 billion (5.9%)

Thailand has established itself as a significant contributor to the global motorcycle export market, with exports reaching $2.49 billion in 2024. The country's strategic location and strong manufacturing capabilities have helped it become a hub for motorcycle production. Thailand's top export markets include Indonesia, Vietnam, and Malaysia.

6. Italy: $2.36 billion (5.6%)

Italy is renowned for its premium motorcycle brands and sophisticated design, making it a top player in the global motorcycle export market. In 2024, Italy's motorcycle exports totaled $2.36 billion. The country's top export markets include Germany, France, and the United States.

7. Austria: $2.06 billion (4.9%)

Austria is known for its high-performance motorcycles and cutting-edge technology, leading to total exports of $2.06 billion in 2024. The country's top export markets include the United States, Germany, and Italy. Austria's focus on innovation and quality has helped it carve out a niche in the competitive motorcycle market.

8. Netherlands: $1.67 billion (3.9%)

The Netherlands may be a smaller country, but it plays a significant role in the global motorcycle export market. With total exports amounting to $1.67 billion in 2024, the country's top export markets include Belgium, Germany, and the United Kingdom. The Netherlands' strategic location and efficient logistics system have contributed to its success in motorcycle exports.

9. Indonesia: $1.19 billion (2.8%)

Indonesia has seen steady growth in its motorcycle export industry, with total exports reaching $1.19 billion in 2024, as per Indonesia customs export data of Motorcycles. The country's affordable yet reliable motorcycles have gained popularity in markets such as Malaysia, the Philippines, and Vietnam. Indonesia's focus on meeting the needs of budget-conscious consumers has helped it expand its export reach.

10. Vietnam: $1.18 billion (2.8%)

Vietnam rounds out the top 10 motorcycle exporter countries, with exports totaling $1.18 billion in 2024. The country's competitive pricing and diverse range of motorcycle models have made it a key player in the global market. Vietnam's top export markets include Cambodia, Laos, and Thailand.

List of Top Motorcycle Exporting Companies: Global Motorcycle Exporters Database

The Global Motorcycle Exporters Database that we provide is a valuable resource for businesses seeking to expand their reach in the global motorcycle market. This database provides a comprehensive list of the leading motorcycle exporters, offering insights into key players in the industry. As far as the motorcycle manufacturers are concerned, the global rankings of the top 10 largest motorcycle manufacturer by revenue volume include Honda, Hero MotoCorp, Yamaha, Yadea, TVS Motor, Bajaj Auto, Suzuki, Italika, Piaggio, and Kawasaki. The top 10 motorcycle export companies in the world, as per the global export shipment data, motorcycle suppliers list, and motorcycle exporters data for 2024-25, include: 

Key Observations

• Indian Companies dominate due to low-cost, high-volume production and focus on commuter bikes for developing countries.
• Japan leads in premium and performance motorcycles, with global R&D and manufacturing networks.
• China is competitive in low-cost, mass-market bikes and electric motorcycles, particularly in developing regions.
• Germany's BMW exports premium touring and adventure motorcycles to mature markets like the US and Europe.

Global Motorcycle Exports in the Last 10 Years: Historical Motorcycle Export Data

Top Motorcycle Export Varieties: Motorcycle Exports by HS Code (2024)

In the realm of motorcycle exports, analyzing top varieties through HS Codes proves to be crucial for businesses operating within this niche. By delving into the specifics of motorcycle exports, companies can gain valuable insights into market trends, consumer preferences, and potential growth opportunities. The top motorcycle exports by HS codes in 2024 include: 

HS Code 871190 – Other Motorcycles (Not elsewhere specified)

• Export Value: $11.8 billion
• This category includes a variety of motorcycles, likely encompassing electric motorcycles, tricycles, and other specialized bikes not classified under specific engine capacities.

HS Code 871120 – Motorcycles with Spark Ignition Engines (50cc - 250cc)

• Export Value: $10.7 billion as per Motorcycle export data by HS code
• This category includes small engine motorcycles, popular in commuter markets, especially in developing countries, for their affordability and fuel efficiency.

HS Code 871140 – Motorcycles with Spark Ignition Engines (Over 800cc)

• Export Value: $7.58 billion
• Includes high-performance premium motorcycles with engine capacities greater than 800cc, typically exported to developed markets like the US and Europe.

HS Code 871130 – Motorcycles with Spark Ignition Engines (250cc - 500cc)

• Export Value: $3.35 billion
• This category features mid-range motorcycles, used for urban commuting, touring, and recreational purposes.

HS Code 871150 – Motorcycles with Spark Ignition Engines (500cc - 800cc)

• Export Value: $3.27 billion
• These are mid-to-high performance motorcycles, often targeting both leisure and practical use, popular in a range of markets globally.

 Global Motorcycle Export Overview

Asia-Pacific Export Trends & Motorcycle Shipment Data (2024) 

Asia’s Motorcycle Export Leadership

• China: Leads with 27.4% of global exports; major markets include Africa, Latin America, and Southeast Asia.
• India: Strong presence in developing markets; top exporters include Bajaj Auto, TVS Motor, and Hero MotoCorp.
• Vietnam: Rapid growth with exports to Thailand, Italy, Japan, and Indonesia.
• Thailand: Hosts manufacturing for global brands like Honda, Yamaha, and BMW.

Emerging Competitors

• Austria: Home to KTM; exports valued at $2.61 billion.
• Italy: Known for Ducati and Piaggio; exports at $2.52 billion.
• Indonesia: A Growing export hub with $1.2 billion in exports.
• Vietnam: Notable for rapid growth and expanding manufacturing base.

Electric Motorcycle Trends

• Yadea (China): Global leader in electric two-wheelers; expanded production to Vietnam.
• TVS Motor (India): Exports electric models like iQube and BMW CE 02.
• Vietnam: Significant growth in electric motorcycle exports as per Vietnam customs motorcycle export data.

Tariffs & Trade Impacts

• US Tariffs: The US imposed 10% tariffs on Chinese imports, which led to retaliatory measures.
• EU Countermeasures: Proposed tariffs on US products, including motorcycles, totaling €95 billion.
• Harley-Davidson: Faced 145% tariffs on components from China; suspended annual forecasts due to tariff uncertainties.

Recent Developments in the Global Motorcycle Exporters Market 

• Hero MotoCorp: Plans to launch electric scooters in the UK and Europe by mid-2025.
• TVS Motor: Entered European markets through a partnership with Emil Frey Group.
• Harley-Davidson: Withdrew annual forecasts citing global tariff uncertainties.

Emerging Competitors in the Motorcycle Export Market

While Asia continues to dominate the motorcycle export market, several emerging competitors are beginning to challenge the status quo. One such competitor is Brazil, a country that has seen a steady increase in motorcycle production and exports in recent years.

Brazil's rise in the industry can be attributed to government incentives that have encouraged investment in the sector. The country's motorcycle manufacturers have also focused on creating high-quality bikes that cater to the needs of both domestic and international markets. As a result, Brazil has been able to increase its market share and establish itself as a key player in the global motorcycle export market.

Another emerging competitor to watch is Vietnam. The country has seen significant growth in motorcycle production and exports, thanks to a skilled workforce and favorable trade agreements with key markets. Vietnam's manufacturers have been able to produce affordable bikes that are in demand in markets around the world, positioning the country as a rising star in the industry.

Key Takeaways

• Asia leads the global motorcycle export market, contributing nearly 59% of total exports, with China and India as top players by volume and value.
• China exported over 13 million units in 2024, dominating the low-cost and electric segments, while India focuses on emerging markets in Africa and Latin America.
• European brands like KTM, BMW, and Ducati excel in high-end exports, with Austria, Germany, and Italy maintaining a strong global presence.
• Electric motorcycles are gaining ground, with Yadea (China), TVS (India), and VinFast (Vietnam) expanding rapidly in Asia and Europe.
• Tariff tensions between the US, EU, and China are disrupting trade, with Harley-Davidson facing 145% tariffs and suspending its outlook.
• Emerging markets like Vietnam and Indonesia are becoming important export hubs, supported by growing production and international partnerships.

Conclusion and Final Word

In conclusion, Asia's dominance in motorcycle exports is undeniable, but emerging competitors are starting to shake up the industry. With countries like Brazil and Vietnam on the rise, the global market is becoming more competitive and dynamic. As manufacturers continue to innovate and expand their reach, the future of motorcycle exports looks promising for all players involved.

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