2022
Exports
$199MWorld Rnk 28 / 219
Flag Rnk 177 / 1194
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$548MWorld Rnk 20 / 220
Flag Rnk 95 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $199M in Ball Bearings, making it the 28th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 177th most exported product in Indonesia. The main destination of Ball Bearings exports from Indonesia are: Japan ($41.6M), Singapore ($30.8M), China ($29M), Thailand ($23.3M), and Netherlands ($21.5M).

The fastest growing export markets for Ball Bearings of Indonesia between 2021 and 2022 were United States ($2.51M), Thailand ($1.89M), and Vietnam ($826k).

Imports In 2022, Indonesia imported $548M in Ball Bearings, becoming the 20th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 95th most imported product in Indonesia. Indonesia imports Ball Bearings primarily from: China ($163M), Japan ($156M), Singapore ($69.5M), Thailand ($61M), and India ($17.3M).

The fastest growing import markets in Ball Bearings for Indonesia between 2021 and 2022 were Singapore ($25.1M), China ($12.6M), and Malaysia ($8.22M).

COMPANIES In 2023, leading companies such as Arhaus (7) were at the forefront of shipping Ball Bearings from Indonesia to the United States.

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)$199M
IMPORTS (2022)$548M
NET TRADE (2022)-$349M

In 2022, Indonesia exported $199M in Ball Bearings. The main destinations of Indonesia exports on Ball Bearings were Japan ($41.6M), Singapore ($30.8M), China ($29M), Thailand ($23.3M), and Netherlands ($21.5M).

In 2022, Indonesia imported $548M in Ball Bearings, mainly from China ($163M), Japan ($156M), Singapore ($69.5M), Thailand ($61M), and India ($17.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
United States$2.51M (278%)
Thailand$1.89M (8.83%)
Vietnam$826k (18.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Indonesia WERE (2021 - 2022):
Singapore-$9.37M (-23.3%)
China-$5.32M (-15.5%)
Japan-$5.3M (-11.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Indonesia'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 POTENTIALChina+ $22.8M
TOP IMPORT POTENTIALChina+ $50.4M

Ball Bearings’s highest export potential is China. With an export gap of $22.8M.   Ball Bearings’s highest import potential is China with an import gap of $50.4M.

See methodology.

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