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Exports In 2022, Guyana exported $61.6k in Ball Bearings, making it the 125th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 193rd most exported product in Guyana. The main destination of Ball Bearings exports from Guyana are: United States ($47.1k), Suriname ($5.88k), Trinidad and Tobago ($4k), Nigeria ($3.82k), and Dominican Republic ($550).

The fastest growing export markets for Ball Bearings of Guyana between 2021 and 2022 were Suriname ($5.88k), Trinidad and Tobago ($4k), and Nigeria ($3.82k).

Imports In 2022, Guyana imported $4.62M in Ball Bearings, becoming the 121st largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 166th most imported product in Guyana. Guyana imports Ball Bearings primarily from: United States ($1.64M), China ($531k), United Arab Emirates ($435k), Singapore ($206k), and Malaysia ($183k).

The fastest growing import markets in Ball Bearings for Guyana between 2021 and 2022 were United States ($663k), United Arab Emirates ($272k), and Malaysia ($178k).

Latest Trends

Oct 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)$61.6k
IMPORTS (2022)$4.62M
NET TRADE (2022)-$4.55M

In 2022, Guyana exported $61.6k in Ball Bearings. The main destinations of Guyana exports on Ball Bearings were United States ($47.1k), Suriname ($5.88k), Trinidad and Tobago ($4k), Nigeria ($3.82k), and Dominican Republic ($550).

In 2022, Guyana imported $4.62M in Ball Bearings, mainly from United States ($1.64M), China ($531k), United Arab Emirates ($435k), Singapore ($206k), and Malaysia ($183k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Guyana WERE (2021 - 2022):
Suriname$5.88k (1%)
Nigeria$3.82k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Guyana WERE (2021 - 2022):
United States-$21.6k (-31.4%)
Romania-$325 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

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N/A
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Ball Bearings’s highest export potential is N/A. With an export gap of N/A.   Ball Bearings’s highest import potential is N/A with an import gap of N/A.

See methodology.

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