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848220 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.3BRnk 723 / 4648
2022
Top Exporter | Top Importer $745M | $674MChina | Germany
2022
Product Complexity 1.17Rnk 539 / 4653
2021 - 2022
Export Growth (CAGR) 3.36%Rnk 2471 / 4648
2022
Share of World Trade 0.022%Rnk 723 / 4648

About

Overview This page contains the latest trade data of Bearings, tapered roller, including assemblies. In 2022, Bearings, tapered roller, including assemblies were the world's 723rd most traded product, with a total trade of $5.3B. Between 2021 and 2022 the exports of Bearings, tapered roller, including assemblies grew by 3.36%, from $5.13B to $5.3B. Trade in Bearings, tapered roller, including assemblies represent 0.022% of total world trade.

Bearings, tapered roller, including assemblies are a part of Ball Bearings.

Exports In 2022 the top exporters of Bearings, tapered roller, including assemblies  were China ($745M), Germany ($686M), Japan ($671M), United States ($638M), and Romania ($383M).

Imports In 2022 the top importers of Bearings, tapered roller, including assemblies were Germany ($674M), United States ($624M), China ($462M), France ($276M), and Mexico ($262M).

Ranking Bearings, tapered roller, including assemblies ranks 539th in the Product Complexity Index (PCI).

Description Tapered roller bearings are used in a variety of applications, including aerospace, construction, food processing, and mining. They are used in assemblies which have high loads and high speeds, and the assembly is exposed to a harsh environment.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bearings, tapered roller, including assemblies. 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$745M
Top Destination (2022)Germany$674M

In 2022 Bearings, tapered roller, including assemblies were the world's 723rd most traded product (out of 4,648).

In 2022, the top exporters of Bearings, tapered roller, including assemblies were China ($745M), Germany ($686M), Japan ($671M), United States ($638M), and Romania ($383M).

In 2022, the top importers of Bearings, tapered roller, including assemblies were Germany ($674M), United States ($624M), China ($462M), France ($276M), and Mexico ($262M).

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Exporters of Bearings, tapered roller, including assemblies (2022)
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Importers of Bearings, tapered roller, including assemblies (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$152M
Top Destination Growth (2021 -  2022)Mexico$60.4M

Between 2021 and 2022, the exports of Bearings, tapered roller, including assemblies grew the fastest in United States ($152M), China ($76.2M), India ($53.9M), Romania ($29.8M), and Hong Kong ($23.6M).

Between 2021 and 2022, the fastest growing importers of Bearings, tapered roller, including assemblies were Mexico ($60.4M), United States ($51.6M), Australia ($46M), Turkey ($39.7M), and Canada ($20.3M).

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Exporters of Bearings, tapered roller, including assemblies (2021 - 2022)

Importers of Bearings, tapered roller, including assemblies (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bearings, tapered roller, including assemblies.

In 2022, market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Bearings, tapered roller, including assemblies are explained by 16 countries.

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Value of Exports in Bearings, tapered roller, including assemblies

Net Trade

TOP NET EXPORTER (2022)Japan$620M
TOP NET IMPORTER (2022)Mexico$225M

This map shows which countries export or import more of Bearings, tapered roller, including assemblies. Each country is colored based on the difference in exports and imports of Bearings, tapered roller, including assemblies during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bearings, tapered roller, including assemblies were Japan ($620M), Romania ($368M), China ($283M), Austria ($150M), and South Korea ($120M).

In 2022, the countries that had a largest trade value in imports than in exports of Bearings, tapered roller, including assemblies were Mexico ($225M), Brazil ($167M), Australia ($129M), Canada ($111M), and Sweden ($103M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Bearings, tapered roller, including assemblies 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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