2022
Exports
$4.31MWorld Rnk 59 / 219
Flag Rnk 207 / 996
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$18.2MWorld Rnk 80 / 220
Flag Rnk 160 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $4.31M in Ball Bearings, making it the 59th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 207th most exported product in Belarus. The main destination of Ball Bearings exports from Belarus are: Kazakhstan ($1.69M), Ukraine ($774k), India ($378k), United Arab Emirates ($207k), and Poland ($187k).

The fastest growing export markets for Ball Bearings of Belarus between 2021 and 2022 were Kazakhstan ($477k), Bulgaria ($87.9k), and Hungary ($86.4k).

Imports In 2022, Belarus imported $18.2M in Ball Bearings, becoming the 80th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 160th most imported product in Belarus. Belarus imports Ball Bearings primarily from: China ($5.96M), Kazakhstan ($3M), Turkey ($2.15M), Ukraine ($1.37M), and Germany ($1.09M).

The fastest growing import markets in Ball Bearings for Belarus between 2021 and 2022 were Kazakhstan ($2.99M), Turkey ($1.91M), and China ($1.53M).

Latest Trends

Sep 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 (2022)$4.31M
IMPORTS (2022)$18.2M
NET TRADE (2022)-$13.9M

In 2022, Belarus exported $4.31M in Ball Bearings. The main destinations of Belarus exports on Ball Bearings were Kazakhstan ($1.69M), Ukraine ($774k), India ($378k), United Arab Emirates ($207k), and Poland ($187k).

In 2022, Belarus imported $18.2M in Ball Bearings, mainly from China ($5.96M), Kazakhstan ($3M), Turkey ($2.15M), Ukraine ($1.37M), and Germany ($1.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Kazakhstan$477k (39.2%)
Bulgaria$87.9k (127%)
Hungary$86.4k (524%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Belarus WERE (2021 - 2022):
Russia-$26.7M (-100%)
Ukraine-$3.32M (-81.1%)
Iran-$585k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, 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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