Overview This page contains the latest trade data of Ball Bearings. In 2019, Ball Bearings were the world's 113th most traded product, with a total trade of $32.5B. Between 2018 and 2019 the exports of Ball Bearings decreased by -6.91%, from $34.9B to $32.5B. Trade in Ball Bearings represent 0.18% of total world trade.
Exports In 2019 the top exporters of Ball Bearings were Germany ($5.13B), China ($5.13B), Japan ($4.46B), United States ($2.32B), and France ($1.86B).
Imports In 2019 the top importers of Ball Bearings were Germany ($4.4B), United States ($3.41B), China ($2.91B), France ($1.47B), and Italy ($1.32B).
Tariffs In 2018 the average tariff for Ball Bearings was 4.95%, making it the 826th 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 162nd in the Product Complexity Index (PCI).
Description Ball or roller bearings are used in the production of other goods. They can be made from a variety of materials, including steel, bronze, and plastic.