2022
Exports
$765MWorld Rnk 11 / 219
Flag Rnk 21 / 1203
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$350MWorld Rnk 30 / 220
Flag Rnk 62 / 1211
2022
ECONOMIC COMPLEXITY of Slovakia
1.32Rnk 15 / 133

About

Exports In 2022, Slovakia exported $765M in Ball Bearings, making it the 11th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 21st most exported product in Slovakia. The main destination of Ball Bearings exports from Slovakia are: Germany ($446M), Czechia ($39.5M), France ($31.4M), China ($22.6M), and Poland ($20.6M).

The fastest growing export markets for Ball Bearings of Slovakia between 2021 and 2022 were Mexico ($5.47M), India ($5.42M), and Turkey ($3.35M).

Imports In 2022, Slovakia imported $350M in Ball Bearings, becoming the 30th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 62nd most imported product in Slovakia. Slovakia imports Ball Bearings primarily from: Germany ($128M), China ($83.8M), Czechia ($23M), Italy ($21.7M), and Spain ($16M).

The fastest growing import markets in Ball Bearings for Slovakia between 2021 and 2022 were China ($4.67M), Slovakia ($3.14M), and Austria ($1.57M).

COMPANIES In 2023, leading companies such as Robert Bosch (6) were at the forefront of shipping Ball Bearings from Slovakia to the United States.

Latest Trends

Nov 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)$765M
IMPORTS (2022)$350M
NET TRADE (2022)$415M

In 2022, Slovakia exported $765M in Ball Bearings. The main destinations of Slovakia exports on Ball Bearings were Germany ($446M), Czechia ($39.5M), France ($31.4M), China ($22.6M), and Poland ($20.6M).

In 2022, Slovakia imported $350M in Ball Bearings, mainly from Germany ($128M), China ($83.8M), Czechia ($23M), Italy ($21.7M), and Spain ($16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Slovakia WERE (2021 - 2022):
Mexico$5.47M (205%)
India$5.42M (256%)
Turkey$3.35M (41.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Slovakia WERE (2021 - 2022):
Germany-$57M (-11.3%)
South Korea-$6.25M (-48.7%)
United States-$4.7M (-28.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovakia's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Slovakia'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
N/AN/AN/A
TOP IMPORT POTENTIALAustria+ $7.72M

Ball Bearings’s highest export potential is N/A. With an export gap of N/A.   Ball Bearings’s highest import potential is Austria with an import gap of $7.72M.

See methodology.

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