2022
Exports
$4.49BWorld Rnk 3 / 219
Flag Rnk 36 / 1213
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$768MWorld Rnk 12 / 220
Flag Rnk 169 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $4.49B in Ball Bearings, making it the 3rd largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 36th most exported product in Japan. The main destination of Ball Bearings exports from Japan are: China ($1.06B), United States ($809M), South Korea ($269M), Thailand ($265M), and Germany ($236M).

The fastest growing export markets for Ball Bearings of Japan between 2021 and 2022 were Brazil ($20.9M), Panama ($19M), and France ($12.1M).

Imports In 2022, Japan imported $768M in Ball Bearings, becoming the 12th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 169th most imported product in Japan. Japan imports Ball Bearings primarily from: China ($286M), Vietnam ($76.1M), United States ($75.4M), South Korea ($72.2M), and Thailand ($48.9M).

The fastest growing import markets in Ball Bearings for Japan between 2021 and 2022 were United States ($14.3M), Chinese Taipei ($8.69M), and India ($6.24M).

COMPANIES In 2023, leading companies such as SKF Group (33), CNH Industrial (7), and Schaeffler Group (2) were at the forefront of shipping Ball Bearings from Japan to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥526M(1.36%)
IMPORT GROWTH (August 2023 - August 2024)¥-262M(-3.15%)
MAIN EXPORTER (August 2024)Aichi¥12.5B
MAIN DESTINATION (August 2024)China¥8.44B

This section shows Ball Bearings's exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Ball Bearings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.49B
IMPORTS (2022)$768M
NET TRADE (2022)$3.72B

In 2022, Japan exported $4.49B in Ball Bearings. The main destinations of Japan exports on Ball Bearings were China ($1.06B), United States ($809M), South Korea ($269M), Thailand ($265M), and Germany ($236M).

In 2022, Japan imported $768M in Ball Bearings, mainly from China ($286M), Vietnam ($76.1M), United States ($75.4M), South Korea ($72.2M), and Thailand ($48.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Brazil$20.9M (25.8%)
Panama$19M (46.5%)
France$12.1M (10.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Japan WERE (2021 - 2022):
China-$142M (-11.8%)
Thailand-$43.3M (-14%)
South Korea-$34.2M (-11.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $59.8M
TOP IMPORT POTENTIALChina+ $75.3M

Ball Bearings’s highest export potential is India. With an export gap of $59.8M.   Ball Bearings’s highest import potential is China with an import gap of $75.3M.

See methodology.

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