2022
Exports
$6.1MWorld Rnk 56 / 219
Flag Rnk 415 / 1170
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$55MWorld Rnk 53 / 220
Flag Rnk 301 / 1200
2022
ECONOMIC COMPLEXITY of Israel
1.23Rnk 20 / 133

About

Exports In 2022, Israel exported $6.1M in Ball Bearings, making it the 56th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 415th most exported product in Israel. The main destination of Ball Bearings exports from Israel are: Palestine ($824k), United States ($708k), Romania ($679k), China ($544k), and Hong Kong ($525k).

The fastest growing export markets for Ball Bearings of Israel between 2021 and 2022 were China ($505k), Romania ($477k), and Hong Kong ($308k).

Imports In 2022, Israel imported $55M in Ball Bearings, becoming the 53rd largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 301st most imported product in Israel. Israel imports Ball Bearings primarily from: Germany ($11.4M), United States ($9.96M), Japan ($7.06M), China ($4.51M), and France ($3.86M).

The fastest growing import markets in Ball Bearings for Israel between 2021 and 2022 were Germany ($2.24M), China ($1.49M), and United Kingdom ($1.42M).

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)$6.1M
IMPORTS (2022)$55M
NET TRADE (2022)-$48.9M

In 2022, Israel exported $6.1M in Ball Bearings. The main destinations of Israel exports on Ball Bearings were Palestine ($824k), United States ($708k), Romania ($679k), China ($544k), and Hong Kong ($525k).

In 2022, Israel imported $55M in Ball Bearings, mainly from Germany ($11.4M), United States ($9.96M), Japan ($7.06M), China ($4.51M), and France ($3.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Israel WERE (2021 - 2022):
China$505k (1.31k%)
Romania$477k (236%)
Hong Kong$308k (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Israel WERE (2021 - 2022):
United States-$1.46M (-67.4%)
Germany-$241k (-56.9%)
Italy-$101k (-27.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Israel' main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Israel' 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 POTENTIALUnited States+ $1.04M
TOP IMPORT POTENTIALChina+ $4.66M

Ball Bearings’s highest export potential is United States. With an export gap of $1.04M.   Ball Bearings’s highest import potential is China with an import gap of $4.66M.

See methodology.

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