2022
Exports
$608MWorld Rnk 15 / 219
Flag Rnk 56 / 1212
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$427MWorld Rnk 25 / 220
Flag Rnk 96 / 1213
2022
ECONOMIC COMPLEXITY of Sweden
1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $608M in Ball Bearings, making it the 15th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 56th most exported product in Sweden. The main destination of Ball Bearings exports from Sweden are: Belgium ($102M), China ($67M), United States ($62.9M), Germany ($44.5M), and Turkey ($41.1M).

The fastest growing export markets for Ball Bearings of Sweden between 2021 and 2022 were Turkey ($30.9M), Netherlands ($5.79M), and United States ($4.86M).

Imports In 2022, Sweden imported $427M in Ball Bearings, becoming the 25th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 96th most imported product in Sweden. Sweden imports Ball Bearings primarily from: Germany ($102M), Poland ($81.3M), France ($56.6M), Italy ($47.1M), and Austria ($40.4M).

The fastest growing import markets in Ball Bearings for Sweden between 2021 and 2022 were Poland ($7.03M), China ($3.43M), and Austria ($1.67M).

COMPANIES In 2023, leading companies such as SKF Group (110) and ABB Motors and Mechanical (4) were at the forefront of shipping Ball Bearings from Sweden to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK46.4M(11.8%)
IMPORT GROWTH (July 2023 - July 2024)SEK-3.33M(-1.46%)
MAIN EXPORTER (July 2024)undefined504M
MAIN DESTINATION (July 2024)BelgiumSEK75.6M

This section shows Ball Bearings's exports and imports data at subnational level for Sweden. 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)$608M
IMPORTS (2022)$427M
NET TRADE (2022)$181M

In 2022, Sweden exported $608M in Ball Bearings. The main destinations of Sweden exports on Ball Bearings were Belgium ($102M), China ($67M), United States ($62.9M), Germany ($44.5M), and Turkey ($41.1M).

In 2022, Sweden imported $427M in Ball Bearings, mainly from Germany ($102M), Poland ($81.3M), France ($56.6M), Italy ($47.1M), and Austria ($40.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Turkey$30.9M (302%)
Netherlands$5.79M (50.8%)
United States$4.86M (8.38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Sweden WERE (2021 - 2022):
China-$34.5M (-34%)
Singapore-$9.76M (-69.3%)
Russia-$8.51M (-83.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Sweden'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 POTENTIALChina+ $24.7M
TOP IMPORT POTENTIALChina+ $18.7M

Ball Bearings’s highest export potential is China. With an export gap of $24.7M.   Ball Bearings’s highest import potential is China with an import gap of $18.7M.

See methodology.

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