Overview: In 2018, Ball Bearings were the world's 108th most traded product, with a total trade of $34.3B. Between 2017 and 2018 the exports of Ball Bearings grew by 7.32%, from $32B to $34.3B. Trade in Ball Bearings represent 0.19% of total world trade.
Exports: In 2018 the top exporters of Ball Bearings were China ($5.59B), Germany ($5.5B), Japan ($4.71B), France ($1.98B), and United States ($1.96B).
Imports: In 2018 the top importers of Ball Bearings were Germany ($4.99B), United States ($3.58B), China ($3.13B), France ($1.61B), and Italy ($1.45B).
Tariffs: In 2018 the average tariff for Ball Bearings was 4.95%, been the 826 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Ball Bearings are Bahamas (40.2%), Maldives (34.2%), Bermuda (25%), Ethiopia (17.3%), and Cambodia (15%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).
Ranking: Ball Bearings ranks 101st in the Product Complexity Index (PCI).