2022
Exports
$730MWorld Rnk 12 / 219
Flag Rnk 89 / 1211
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$614MWorld Rnk 16 / 220
Flag Rnk 97 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $730M in Ball Bearings, making it the 12th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 89th most exported product in Thailand. The main destination of Ball Bearings exports from Thailand are: China ($136M), Hong Kong ($81.9M), Indonesia ($61M), Singapore ($55.8M), and Germany ($50.2M).

The fastest growing export markets for Ball Bearings of Thailand between 2021 and 2022 were Hong Kong ($21.9M), United States ($6.74M), and Italy ($6.27M).

Imports In 2022, Thailand imported $614M in Ball Bearings, becoming the 16th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 97th most imported product in Thailand. Thailand imports Ball Bearings primarily from: Japan ($265M), China ($163M), Indonesia ($23.3M), Malaysia ($22.5M), and South Korea ($22.4M).

The fastest growing import markets in Ball Bearings for Thailand between 2021 and 2022 were Malaysia ($5.55M), China ($3.7M), and India ($3.41M).

COMPANIES In 2023, leading companies such as Panasonic (55) and Del Monte Foods (17) were at the forefront of shipping Ball Bearings from Thailand 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)$730M
IMPORTS (2022)$614M
NET TRADE (2022)$116M

In 2022, Thailand exported $730M in Ball Bearings. The main destinations of Thailand exports on Ball Bearings were China ($136M), Hong Kong ($81.9M), Indonesia ($61M), Singapore ($55.8M), and Germany ($50.2M).

In 2022, Thailand imported $614M in Ball Bearings, mainly from Japan ($265M), China ($163M), Indonesia ($23.3M), Malaysia ($22.5M), and South Korea ($22.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Hong Kong$21.9M (36.5%)
United States$6.74M (16.8%)
Italy$6.27M (38.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Thailand WERE (2021 - 2022):
India-$10.2M (-34.7%)
South Africa-$6.49M (-51%)
Pakistan-$5.8M (-64.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Thailand'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
TOP EXPORT POTENTIALChina+ $50.9M
TOP IMPORT POTENTIALChina+ $39.5M

Ball Bearings’s highest export potential is China. With an export gap of $50.9M.   Ball Bearings’s highest import potential is China with an import gap of $39.5M.

See methodology.

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