2022
Exports
$5.05BWorld Rnk 2 / 219
Flag Rnk 66 / 1216
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$4.52BWorld Rnk 1 / 220
Flag Rnk 63 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $5.05B in Ball Bearings, making it the 2nd largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 66th most exported product in Germany. The main destination of Ball Bearings exports from Germany are: China ($794M), United States ($412M), Italy ($360M), France ($230M), and Austria ($227M).

The fastest growing export markets for Ball Bearings of Germany between 2021 and 2022 were Turkey ($33.9M), United States ($32.4M), and Italy ($14M).

Imports In 2022, Germany imported $4.52B in Ball Bearings, becoming the 1st largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 63rd most imported product in Germany. Germany imports Ball Bearings primarily from: China ($616M), Austria ($479M), Romania ($467M), Slovakia ($446M), and Italy ($356M).

The fastest growing import markets in Ball Bearings for Germany between 2021 and 2022 were China ($35.6M), Romania ($27.7M), and India ($15.1M).

COMPANIES In 2023, leading companies such as Robert Bosch (327), ZF Friedrichshafen (291), and SKF Group (102) were at the forefront of shipping Ball Bearings from Germany to the United States.

Latest Trends

Jul 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)$5.05B
IMPORTS (2022)$4.52B
NET TRADE (2022)$524M

In 2022, Germany exported $5.05B in Ball Bearings. The main destinations of Germany exports on Ball Bearings were China ($794M), United States ($412M), Italy ($360M), France ($230M), and Austria ($227M).

In 2022, Germany imported $4.52B in Ball Bearings, mainly from China ($616M), Austria ($479M), Romania ($467M), Slovakia ($446M), and Italy ($356M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Turkey$33.9M (33.4%)
United States$32.4M (8.53%)
Italy$14M (4.05%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Germany WERE (2021 - 2022):
China-$205M (-20.5%)
Russia-$53M (-65%)
Belgium-$40.8M (-17.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Ball Bearings were:
China $7.18B
Japan $4.49B
In 2022, Germany'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 POTENTIALFrance+ $128M
TOP IMPORT POTENTIALFrance+ $134M

Ball Bearings’s highest export potential is France. With an export gap of $128M.   Ball Bearings’s highest import potential is France with an import gap of $134M.

See methodology.

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