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Exports In 2022, Nepal exported $81.1k in Ball Bearings, making it the 121st largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 257th most exported product in Nepal. The main destination of Ball Bearings exports from Nepal are: United States ($70.3k), India ($4.15k), Chile ($2.1k), Oman ($1.84k), and Canada ($1.12k).

The fastest growing export markets for Ball Bearings of Nepal between 2021 and 2022 were United States ($35.8k), India ($4.15k), and Chile ($2.1k).

Imports In 2022, Nepal imported $9.93M in Ball Bearings, becoming the 99th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 211th most imported product in Nepal. Nepal imports Ball Bearings primarily from: India ($7.81M), China ($1.34M), Japan ($164k), Malaysia ($140k), and Italy ($66.8k).

The fastest growing import markets in Ball Bearings for Nepal between 2021 and 2022 were Malaysia ($57.6k), Sweden ($37.6k), and Chinese Taipei ($27.9k).

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)$81.1k
IMPORTS (2022)$9.93M
NET TRADE (2022)-$9.84M

In 2022, Nepal exported $81.1k in Ball Bearings. The main destinations of Nepal exports on Ball Bearings were United States ($70.3k), India ($4.15k), Chile ($2.1k), Oman ($1.84k), and Canada ($1.12k).

In 2022, Nepal imported $9.93M in Ball Bearings, mainly from India ($7.81M), China ($1.34M), Japan ($164k), Malaysia ($140k), and Italy ($66.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
United States$35.8k (104%)
India$4.15k (1%)
Chile$2.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Nepal WERE (2021 - 2022):
South Africa-$887 (-100%)
Turkey-$738 (-100%)
Sweden-$350 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $127k
TOP IMPORT POTENTIALIndia+ $3.03M

Ball Bearings’s highest export potential is United States. With an export gap of $127k.   Ball Bearings’s highest import potential is India with an import gap of $3.03M.

See methodology.

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