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848250 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.77BRnk 942 / 4644
2023
Top Exporter | Top Importer $1.03B | $544MGermany | China
2023
Product Complexity 1.1Rnk 633 / 4656
2022 - 2023
Export Growth (CAGR) 5.22%Rnk 1024 / 4644
2023
Share of World Trade 0.017%Rnk 942 / 4644

About

Overview This page contains the latest trade data of Bearings, cylindrical roller, nes. In 2023, Bearings, cylindrical roller, nes were the world's 942nd most traded product, with a total trade of $3.77B. Between 2022 and 2023 the exports of Bearings, cylindrical roller, nes grew by 5.22%, from $3.58B to $3.77B. Trade in Bearings, cylindrical roller, nes represent 0.017% of total world trade.

Bearings, cylindrical roller, nes are a part of Ball Bearings.

Exports In 2023 the top exporters of Bearings, cylindrical roller, nes  were Germany ($1.03B), Japan ($417M), United States ($361M), China ($346M), and Romania ($330M).

Imports In 2023 the top importers of Bearings, cylindrical roller, nes were China ($544M), Germany ($482M), United States ($431M), Italy ($150M), and France ($140M).

Ranking Bearings, cylindrical roller, nes ranks 633rd in the Product Complexity Index (PCI).

Description Bearing, cylindrical roller are used to minimize the friction between components of machines.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bearings, cylindrical roller, nes. 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 (2023)Germany$1.03B
Top Destination (2023)China$544M

In 2023 Bearings, cylindrical roller, nes were the world's 942nd most traded product (out of 4,644).

In 2023, the top exporters of Bearings, cylindrical roller, nes were Germany ($1.03B), Japan ($417M), United States ($361M), China ($346M), and Romania ($330M).

In 2023, the top importers of Bearings, cylindrical roller, nes were China ($544M), Germany ($482M), United States ($431M), Italy ($150M), and France ($140M).

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Exporters of Bearings, cylindrical roller, nes (2023)
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Importers of Bearings, cylindrical roller, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$150M
Top Destination Growth (2022 -  2023)Germany$36.5M

Between 2022 and 2023, the exports of Bearings, cylindrical roller, nes grew the fastest in Germany ($150M), Romania ($65.6M), France ($25.5M), Italy ($16M), and United States ($15M).

Between 2022 and 2023, the fastest growing importers of Bearings, cylindrical roller, nes were Germany ($36.5M), Italy ($23.2M), United States ($23M), Denmark ($21.3M), and India ($18.3M).

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Exporters of Bearings, cylindrical roller, nes (2022 - 2023)

Importers of Bearings, cylindrical roller, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bearings, cylindrical roller, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Bearings, cylindrical roller, nes are explained by 14 countries.

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Value of Exports in Bearings, cylindrical roller, nes

Net Trade

TOP NET EXPORTER (2023)Germany$546M
TOP NET IMPORTER (2023)China$198M

This map shows which countries export or import more of Bearings, cylindrical roller, nes. Each country is colored based on the difference in exports and imports of Bearings, cylindrical roller, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bearings, cylindrical roller, nes were Germany ($546M), Japan ($361M), Romania ($303M), Slovakia ($97.1M), and Kazakhstan ($63.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Bearings, cylindrical roller, nes were China ($198M), Russia ($101M), Mexico ($96.6M), Brazil ($90.2M), and South Korea ($72.7M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bearings, cylindrical roller, nes.
It is possible to select the main countries that export or import Bearings, cylindrical roller, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bearings, cylindrical roller, nes 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 (2023)

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