2022
Exports
$1.14BWorld Rnk 7 / 219
Flag Rnk 14 / 1204
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$395MWorld Rnk 29 / 220
Flag Rnk 75 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.14B in Ball Bearings, making it the 7th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 14th most exported product in Romania. The main destination of Ball Bearings exports from Romania are: Germany ($467M), France ($148M), China ($115M), United States ($109M), and India ($39.5M).

The fastest growing export markets for Ball Bearings of Romania between 2021 and 2022 were United States ($32.2M), Germany ($27.7M), and France ($11M).

Imports In 2022, Romania imported $395M in Ball Bearings, becoming the 29th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 75th most imported product in Romania. Romania imports Ball Bearings primarily from: Germany ($185M), China ($43.6M), France ($27.3M), Netherlands ($16.5M), and Italy ($15.1M).

The fastest growing import markets in Ball Bearings for Romania between 2021 and 2022 were China ($4.92M), South Korea ($1.61M), and United States ($966k).

COMPANIES In 2023, leading companies such as SKF USA INC (10), JOHN DEERE COMMERCIAL PRODUCTS (4), and VESTAS NACELLES AMERICA INC. (2) were at the forefront of shipping Ball Bearings from Romania to the United States.

Latest Trends

Mar 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)$1.14B
IMPORTS (2022)$395M
NET TRADE (2022)$748M

In 2022, Romania exported $1.14B in Ball Bearings. The main destinations of Romania exports on Ball Bearings were Germany ($467M), France ($148M), China ($115M), United States ($109M), and India ($39.5M).

In 2022, Romania imported $395M in Ball Bearings, mainly from Germany ($185M), China ($43.6M), France ($27.3M), Netherlands ($16.5M), and Italy ($15.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Romania WERE (2021 - 2022):
United States$32.2M (41.9%)
Germany$27.7M (6.29%)
France$11M (8.02%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Romania WERE (2021 - 2022):
China-$99.8M (-46.6%)
Russia-$9.82M (-76.4%)
Netherlands-$9.22M (-23.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Ball Bearings by Exporters

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