NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $341MWorld Rnk 21 / 218
Flag Rnk 211 / 1212
2023
Destination $25.2M United States
2022 - 2023
FASTEST GROWING MARKET $25.2MUnited States
2023
PRODUCT COMPLEXITY IN Ball Bearings1.17Rnk 116 / 1025
2023
Imports $758MWorld Rnk 11 / 221
Flag Rnk 149 / 1211
2023
Origin $7.62M United States
2022 - 2023
FASTEST GROWING ORIGIN $7.62MJapan
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $341M in Ball Bearings, making it the 21st largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 211th most exported product in Canada. The main destination of Ball Bearings exports from Canada are: United States ($234M), Germany ($14.6M), Singapore ($11.3M), Brazil ($11M), and Japan ($10.3M).

The fastest growing export markets for Ball Bearings of Canada between 2022 and 2023 were United States ($25.2M), Germany ($3.17M), and Brazil ($2.4M).

Imports In 2023, Canada imported $758M in Ball Bearings, becoming the 11th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 149th most imported product in Canada. Canada imports Ball Bearings primarily from: United States ($324M), China ($129M), Japan ($75.2M), Germany ($48.1M), and France ($26.2M).

The fastest growing import markets in Ball Bearings for Canada between 2022 and 2023 were Japan ($7.62M), United States ($7.24M), and South Korea ($2.27M).

COMPANIES In 2023, leading companies such as Schaeffler Group (1) and Celebrity Cruises (1) were at the forefront of shipping Ball Bearings from Canada to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Canada's Ball Bearings exports accounted up to C$37.1M and imports accounted up to C$76.7M, resulting in a negative trade balance of C$39.6M. Between November 2023 and November 2024 the exports of Canada's   Ball Bearings have increased by C$3.23M (9.54%) from C$33.8M to C$37.1M, while imports decreased by C$-8.08M (-9.53%) from C$84.8M to C$76.7M.

Destinations In November 2024, Ball Bearings were exported mostly to United States (C$28M), Singapore (C$2.48M), Brazil (C$1.52M), Germany (C$1.12M), and France (C$1.11M), and were imported mostly from United States (C$33.4M), China (C$9.12M), Japan (C$6.48M), France (C$4.76M), and Germany (C$4.46M).

Growth In November 2024, the increase in Ball Bearings's year-by-year exports was explained primarily by an increase in exports to United States (C$2.81M or 16%), Argentina (C$627k or 19.7k%), and China (C$275k or 317%). In November 2024, the decrease in Ball Bearings's year-by-year imports was explained primarily by a decrease in imports from Australia (C$-308k or -95.5%), Canada (C$-228k or -13.4%), and Denmark (C$-131k or -49.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$3.23M(9.54%)
IMPORT GROWTH (November 2023 - November 2024)C$-8.08M(-9.53%)
MAIN EXPORTER (November 2024)OntarioC$33.8M
MAIN DESTINATION (November 2024)United StatesC$28M

This section shows Ball Bearings's exports and imports data at subnational level for Canada. 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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$341M
IMPORTS (2023)$758M
NET TRADE (2023)-$417M

In 2023, Canada exported $341M in Ball Bearings. The main destinations of Canada exports on Ball Bearings were United States ($234M), Germany ($14.6M), Singapore ($11.3M), Brazil ($11M), and Japan ($10.3M).

In 2023, Canada imported $758M in Ball Bearings, mainly from United States ($324M), China ($129M), Japan ($75.2M), Germany ($48.1M), and France ($26.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$25.2M (12%)
Germany$3.17M (27.9%)
Brazil$2.4M (27.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Canada WERE (2022 - 2023):
Netherlands-$2M (-55.2%)
South Korea-$790k (-43.9%)
Italy-$773k (-18.2%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $73.8M
TOP IMPORT POTENTIALChina+ $38.1M

Ball Bearings’s highest export potential is United States. With an export gap of $73.8M.   Ball Bearings’s highest import potential is China with an import gap of $38.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms