2022
Exports | Imports
$45.3M | $539MWorld Rnk 40 / 219
Flag Rnk 310 / 1200
World Rnk 21 / 220
Flag Rnk 91 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.27Rnk 91 / 1025

About

Exports In 2022, Russia exported $45.3M in Ball Bearings, making it the 40th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 310th most exported product in Russia. The main destination of Ball Bearings exports from Russia are: Kazakhstan ($22.7M), China ($9.02M), Poland ($2.43M), Germany ($1.12M), and Ukraine ($1.06M).

The fastest growing export markets for Ball Bearings of Russia between 2021 and 2022 were Brazil ($793k), China ($617k), and Argentina ($498k).

Imports In 2022, Russia imported $539M in Ball Bearings, becoming the 21st largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 91st most imported product in Russia. Russia imports Ball Bearings primarily from: Malaysia ($120M), Kazakhstan ($111M), China ($104M), Turkey ($30.5M), and Germany ($28.5M).

The fastest growing import markets in Ball Bearings for Russia between 2021 and 2022 were Malaysia ($62.6M), China ($62.1M), and Kazakhstan ($54.3M).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Ball Bearings from Russia to the United States.

Latest Trends

Feb 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)$45.3M
IMPORTS (2022)$539M
NET TRADE (2022)-$494M

In 2022, Russia exported $45.3M in Ball Bearings. The main destinations of Russia exports on Ball Bearings were Kazakhstan ($22.7M), China ($9.02M), Poland ($2.43M), Germany ($1.12M), and Ukraine ($1.06M).

In 2022, Russia imported $539M in Ball Bearings, mainly from Malaysia ($120M), Kazakhstan ($111M), China ($104M), Turkey ($30.5M), and Germany ($28.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Brazil$793k (1.69k%)
China$617k (7.34%)
Argentina$498k (5.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Russia WERE (2021 - 2022):
Belarus-$49.9M (-100%)
Chinese Taipei-$14.5M (-100%)
Ukraine-$10.1M (-90.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Ball Bearings by Exporters

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