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848320 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.46BRnk 1795 / 4648
2022
Top Exporter | Top Importer $420M | $196MChina | United States
2022
Product Complexity 1.01Rnk 757 / 4653
2021 - 2022
Export Growth (CAGR) 17.5%Rnk 952 / 4648
2022
Share of World Trade 0.0062%Rnk 1795 / 4648

About

Overview This page contains the latest trade data of Bearing housings etc incorporating ball/roller bearin. In 2022, Bearing housings etc incorporating ball/roller bearin were the world's 1795th most traded product, with a total trade of $1.46B. Between 2021 and 2022 the exports of Bearing housings etc incorporating ball/roller bearin grew by 17.5%, from $1.24B to $1.46B. Trade in Bearing housings etc incorporating ball/roller bearin represent 0.0062% of total world trade.

Bearing housings etc incorporating ball/roller bearin are a part of Transmissions.

Exports In 2022 the top exporters of Bearing housings etc incorporating ball/roller bearin  were China ($420M), Germany ($190M), United States ($161M), Japan ($89.4M), and Vietnam ($78.2M).

Imports In 2022 the top importers of Bearing housings etc incorporating ball/roller bearin were United States ($196M), Germany ($145M), Mexico ($95.2M), Canada ($70.6M), and China ($66.3M).

Ranking Bearing housings etc incorporating ball/roller bearin ranks 757th in the Product Complexity Index (PCI).

Description Bearing housings are used to protect bearings from damage and maintain a quality seal. They are also used to provide a space for bearings to rotate in.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Bearing housings etc incorporating ball/roller bearin. 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.

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Historical Data

Exporters and Importers

Top Origin (2022)China$420M
Top Destination (2022)United States$196M

In 2022 Bearing housings etc incorporating ball/roller bearin were the world's 1795th most traded product (out of 4,648).

In 2022, the top exporters of Bearing housings etc incorporating ball/roller bearin were China ($420M), Germany ($190M), United States ($161M), Japan ($89.4M), and Vietnam ($78.2M).

In 2022, the top importers of Bearing housings etc incorporating ball/roller bearin were United States ($196M), Germany ($145M), Mexico ($95.2M), Canada ($70.6M), and China ($66.3M).

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Exporters of Bearing housings etc incorporating ball/roller bearin (2022)
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Importers of Bearing housings etc incorporating ball/roller bearin (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$109M
Top Destination Growth (2021 -  2022)Germany$38.9M

Between 2021 and 2022, the exports of Bearing housings etc incorporating ball/roller bearin grew the fastest in China ($109M), Vietnam ($36.9M), United States ($33.4M), Thailand ($6.46M), and Canada ($5.94M).

Between 2021 and 2022, the fastest growing importers of Bearing housings etc incorporating ball/roller bearin were Germany ($38.9M), United States ($37.8M), Mexico ($33.5M), Canada ($12.5M), and Japan ($11.4M).

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Exporters of Bearing housings etc incorporating ball/roller bearin (2021 - 2022)

Importers of Bearing housings etc incorporating ball/roller bearin (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bearing housings etc incorporating ball/roller bearin.

In 2022, market concentration measured using Shannon Entropy, was 3.94. This means that most of the exports of Bearing housings etc incorporating ball/roller bearin are explained by 15 countries.

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Value of Exports in Bearing housings etc incorporating ball/roller bearin

Net Trade

TOP NET EXPORTER (2022)China$354M
TOP NET IMPORTER (2022)Canada$52.5M

This map shows which countries export or import more of Bearing housings etc incorporating ball/roller bearin. Each country is colored based on the difference in exports and imports of Bearing housings etc incorporating ball/roller bearin during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bearing housings etc incorporating ball/roller bearin were China ($354M), Vietnam ($65.1M), Japan ($55.4M), Germany ($45.6M), and Italy ($20M).

In 2022, the countries that had a largest trade value in imports than in exports of Bearing housings etc incorporating ball/roller bearin were Canada ($52.5M), India ($50.7M), Mexico ($49.1M), United States ($35.4M), and Russia ($30.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Bearing housings etc incorporating ball/roller bearin.
It is possible to select the main countries that export or import Bearing housings etc incorporating ball/roller bearin in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bearing housings etc incorporating ball/roller bearin by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

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