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Pricing

2023
Exports $99.4MWorld Rnk 33 / 218
Flag Rnk 224 / 1207
2023
Destination $2.62M United States
2022 - 2023
FASTEST GROWING MARKET $2.62MSouth Africa
2023
PRODUCT COMPLEXITY IN Ball Bearings1.17Rnk 116 / 1025
2023
Imports $861MWorld Rnk 9 / 221
Flag Rnk 56 / 1200
2023
Origin $3.46M China
2022 - 2023
FASTEST GROWING ORIGIN $3.46MSweden
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $99.4M in Ball Bearings, making it the 33rd largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 224th most exported product in Brazil. The main destination of Ball Bearings exports from Brazil are: United States ($20M), Argentina ($16.3M), Germany ($9.69M), Mexico ($7.12M), and Paraguay ($4.97M).

The fastest growing export markets for Ball Bearings of Brazil between 2022 and 2023 were South Africa ($2.62M), United States ($2.01M), and Czechia ($1.55M).

Imports In 2023, Brazil imported $861M in Ball Bearings, becoming the 9th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 56th most imported product in Brazil. Brazil imports Ball Bearings primarily from: China ($280M), United States ($119M), Japan ($92M), Germany ($88.6M), and France ($41.4M).

The fastest growing import markets in Ball Bearings for Brazil between 2022 and 2023 were Sweden ($3.46M), Canada ($2.4M), and France ($2.1M).

COMPANIES In 2024, leading companies such as Schaeffler Group (68), Ford Motor Company (7), and SKF Group (7) were at the forefront of shipping Ball Bearings from Brazil to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Ball Bearings exports accounted up to $10.3M and imports accounted up to $67.3M, resulting in a negative trade balance of $57M. Between December 2023 and December 2024 the exports of Brazil's   Ball Bearings have increased by $1.35M (15.1%) from $8.99M to $10.3M, while imports increased by $6.76M (11.2%) from $60.5M to $67.3M.

Destinations In December 2024, Ball Bearings were exported mostly to United States ($3.05M), Argentina ($1.47M), France ($1.29M), Germany ($644k), and South Africa ($565k), and were imported mostly from China ($22.3M), United States ($9.43M), Germany ($7.45M), Japan ($7.32M), and France ($3.71M).

Growth In December 2024, the increase in Ball Bearings's year-by-year exports was explained primarily by an increase in exports to United States ($660k or 40.4%), Argentina ($473k or 53.3%), and Peru ($151k or 108%). In December 2024, the increase in Ball Bearings's year-by-year imports was explained primarily by an increase in imports from Germany ($3.05M or 33.4%), Japan ($1.94M or 24%), and Sweden ($1.01M or 45.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$1.35M(15.1%)
IMPORT GROWTH (December 2023 - December 2024)$6.76M(11.2%)
MAIN EXPORTER (December 2024)São Paulo$7M
MAIN DESTINATION (December 2024)United States$3.05M

This section shows Ball Bearings's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Ball Bearings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$99.4M
IMPORTS (2023)$861M
NET TRADE (2023)-$762M

In 2023, Brazil exported $99.4M in Ball Bearings. The main destinations of Brazil exports on Ball Bearings were United States ($20M), Argentina ($16.3M), Germany ($9.69M), Mexico ($7.12M), and Paraguay ($4.97M).

In 2023, Brazil imported $861M in Ball Bearings, mainly from China ($280M), United States ($119M), Japan ($92M), Germany ($88.6M), and France ($41.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
South Africa$2.62M (114%)
United States$2.01M (11.2%)
Czechia$1.55M (1.32k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Brazil WERE (2022 - 2023):
Mexico-$3.93M (-35.6%)
Germany-$2.8M (-22.4%)
France-$1.61M (-28.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Ball Bearings were:
China $6.46B
Germany $5.01B
Japan $4.28B
In 2023, Brazil's main importing competitors in Ball Bearings were:
Germany $4.37B
China $3.31B
United States $3.24B

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.7M
TOP IMPORT POTENTIALGermany+ $24.8M

Ball Bearings’s highest export potential is United States. With an export gap of $14.7M.   Ball Bearings’s highest import potential is Germany with an import gap of $24.8M.

See methodology.

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