2018
Exports
$156kWorld Rnk 109 / 219
Flag Rnk 410 / 918
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2018
Imports
$11.4MWorld Rnk 94 / 220
Flag Rnk 226 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2018, Uruguay exported $156k in Ball Bearings, making it the 109th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 410th most exported product in Uruguay. The main destination of Ball Bearings exports from Uruguay are: Chile ($37.6k), Brazil ($32.3k), Argentina ($20.7k), Paraguay ($16.8k), and Colombia ($14.7k).

The fastest growing export markets for Ball Bearings of Uruguay between 2021 and 2022 were Chile ($37.6k), Colombia ($13.4k), and Brazil ($6.68k).

Imports In 2022, Uruguay imported $11.4M in Ball Bearings, becoming the 94th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 226th most imported product in Uruguay. Uruguay imports Ball Bearings primarily from: China ($3.53M), Japan ($1.71M), United States ($1.07M), Brazil ($808k), and Germany ($672k).

The fastest growing import markets in Ball Bearings for Uruguay between 2021 and 2022 were China ($992k), Japan ($798k), and Spain ($308k).

Latest Trends

Jul 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)$156k
IMPORTS (2022)$11.4M
NET TRADE (2022)-$11.3M

In 2022, Uruguay exported $156k in Ball Bearings. The main destinations of Uruguay exports on Ball Bearings were Chile ($37.6k), Brazil ($32.3k), Argentina ($20.7k), Paraguay ($16.8k), and Colombia ($14.7k).

In 2022, Uruguay imported $11.4M in Ball Bearings, mainly from China ($3.53M), Japan ($1.71M), United States ($1.07M), Brazil ($808k), and Germany ($672k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Chile$37.6k (96.4k%)
Colombia$13.4k (1.07k%)
Brazil$6.68k (26.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Uruguay WERE (2021 - 2022):
Denmark-$12.4k (-85.1%)
Argentina-$6.76k (-24.6%)
Mexico-$3.99k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Uruguay's 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 POTENTIALBrazil+ $68.1k
TOP IMPORT POTENTIALChina+ $1.4M

Ball Bearings’s highest export potential is Brazil. With an export gap of $68.1k.   Ball Bearings’s highest import potential is China with an import gap of $1.4M.

See methodology.

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