2022
Exports
$706MWorld Rnk 13 / 219
Flag Rnk 82 / 1211
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$531MWorld Rnk 22 / 220
Flag Rnk 93 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $706M in Ball Bearings, making it the 13th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 82nd most exported product in Austria. The main destination of Ball Bearings exports from Austria are: Germany ($479M), Sweden ($40.4M), Belgium ($23.6M), United States ($20.5M), and China ($11.1M).

The fastest growing export markets for Ball Bearings of Austria between 2021 and 2022 were Mexico ($3.05M), China ($2.26M), and United Kingdom ($2.26M).

Imports In 2022, Austria imported $531M in Ball Bearings, becoming the 22nd largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 93rd most imported product in Austria. Austria imports Ball Bearings primarily from: Germany ($227M), China ($58.4M), Italy ($45.6M), Bosnia and Herzegovina ($41.6M), and Hungary ($30.7M).

The fastest growing import markets in Ball Bearings for Austria between 2021 and 2022 were Germany ($10.1M), Belgium ($6M), and Sweden ($3.19M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ball Bearings. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$706M
IMPORTS (2022)$531M
NET TRADE (2022)$174M

In 2022, Austria exported $706M in Ball Bearings. The main destinations of Austria exports on Ball Bearings were Germany ($479M), Sweden ($40.4M), Belgium ($23.6M), United States ($20.5M), and China ($11.1M).

In 2022, Austria imported $531M in Ball Bearings, mainly from Germany ($227M), China ($58.4M), Italy ($45.6M), Bosnia and Herzegovina ($41.6M), and Hungary ($30.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Mexico$3.05M (43.8%)
China$2.26M (25.5%)
United Kingdom$2.26M (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Austria WERE (2021 - 2022):
Germany-$11.6M (-2.37%)
Russia-$1.07M (-59.6%)
France-$955k (-8.82%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Austria' main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.9M
TOP IMPORT POTENTIALGermany+ $25.2M

Ball Bearings’s highest export potential is United States. With an export gap of $23.9M.   Ball Bearings’s highest import potential is Germany with an import gap of $25.2M.

See methodology.

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