2022
Exports
$308kWorld Rnk 90 / 219
Flag Rnk 512 / 1061
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$137MWorld Rnk 39 / 220
Flag Rnk 38 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $308k in Ball Bearings, making it the 90th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 512th most exported product in Iran. The main destination of Ball Bearings exports from Iran are: India ($125k), Italy ($81.6k), Tajikistan ($60.1k), Portugal ($12.5k), and Turkey ($11.6k).

The fastest growing export markets for Ball Bearings of Iran between 2021 and 2022 were India ($125k), Italy ($81.6k), and Portugal ($12.5k).

Imports In 2022, Iran imported $137M in Ball Bearings, becoming the 39th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 38th most imported product in Iran. Iran imports Ball Bearings primarily from: China ($99.4M), United Arab Emirates ($8.58M), Turkey ($8.4M), Germany ($5.5M), and Slovakia ($4.17M).

The fastest growing import markets in Ball Bearings for Iran between 2021 and 2022 were China ($13.9M), Slovakia ($2.55M), and India ($1.18M).

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)$308k
IMPORTS (2022)$137M
NET TRADE (2022)-$136M

In 2022, Iran exported $308k in Ball Bearings. The main destinations of Iran exports on Ball Bearings were India ($125k), Italy ($81.6k), Tajikistan ($60.1k), Portugal ($12.5k), and Turkey ($11.6k).

In 2022, Iran imported $137M in Ball Bearings, mainly from China ($99.4M), United Arab Emirates ($8.58M), Turkey ($8.4M), Germany ($5.5M), and Slovakia ($4.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Iran WERE (2021 - 2022):
India$125k (1%)
Italy$81.6k (1%)
Portugal$12.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Iran WERE (2021 - 2022):
United Arab Emirates-$146k (-100%)
Canada-$89.7k (-100%)
Pakistan-$59.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Iran'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 POTENTIALIndia+ $181k
TOP IMPORT POTENTIALChina+ $13.7M

Ball Bearings’s highest export potential is India. With an export gap of $181k.   Ball Bearings’s highest import potential is China with an import gap of $13.7M.

See methodology.

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