2018
Exports
$2.08MWorld Rnk 67 / 218
Flag Rnk 237 / 940
2023
PRODUCT COMPLEXITY IN Ball Bearings
1.17Rnk 116 / 1025
2018
Imports
$22.7MWorld Rnk 74 / 221
Flag Rnk 153 / 1112
2023
ECONOMIC COMPLEXITY of Belarus
0.81Rnk 33 / 132

About

Exports In 2018, Belarus exported $2.08M in Ball Bearings, making it the 67th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 237th most exported product in Belarus. The main destination of Ball Bearings exports from Belarus are: Kazakhstan ($1M), Uzbekistan ($250k), United Arab Emirates ($185k), Bulgaria ($118k), and Hungary ($114k).

The fastest growing export markets for Ball Bearings of Belarus between 2022 and 2023 were Uzbekistan ($245k), Zimbabwe ($78.1k), and Kuwait ($33.7k).

Imports In 2023, Belarus imported $22.7M in Ball Bearings, becoming the 74th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 153rd most imported product in Belarus. Belarus imports Ball Bearings primarily from: China ($9.59M), Turkey ($7.24M), Kazakhstan ($4.87M), Malaysia ($401k), and Thailand ($151k).

The fastest growing import markets in Ball Bearings for Belarus between 2022 and 2023 were Turkey ($5.09M), China ($3.63M), and Kazakhstan ($1.88M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ball Bearings. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.08M
IMPORTS (2023)$22.7M
NET TRADE (2023)-$20.6M

In 2023, Belarus exported $2.08M in Ball Bearings. The main destinations of Belarus exports on Ball Bearings were Kazakhstan ($1M), Uzbekistan ($250k), United Arab Emirates ($185k), Bulgaria ($118k), and Hungary ($114k).

In 2023, Belarus imported $22.7M in Ball Bearings, mainly from China ($9.59M), Turkey ($7.24M), Kazakhstan ($4.87M), Malaysia ($401k), and Thailand ($151k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Belarus WERE (2022 - 2023):
Uzbekistan$245k (5.66k%)
Zimbabwe$78.1k (1%)
Kuwait$33.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Belarus WERE (2022 - 2023):
Ukraine-$774k (-100%)
Kazakhstan-$694k (-41%)
India-$347k (-91.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Belarus's main exporting competitors in Ball Bearings were:
China $6.46B
Germany $5.01B
Japan $4.28B
In 2023, Belarus's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $484k
TOP IMPORT POTENTIALChina+ $3.08M

Ball Bearings’s highest export potential is India. With an export gap of $484k.   Ball Bearings’s highest import potential is China with an import gap of $3.08M.

See methodology.

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