848250 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Bearings, cylindrical roller, nes. In 2022, Bearings, cylindrical roller, nes were the world's 1083rd most traded product, with a total trade of $3.3B. Between 2021 and 2022 the exports of Bearings, cylindrical roller, nes grew by 1.93%, from $3.24B to $3.3B. Trade in Bearings, cylindrical roller, nes represent 0.014% of total world trade.

Bearings, cylindrical roller, nes are a part of Ball Bearings.

Exports In 2022 the top exporters of Bearings, cylindrical roller, nes  were Germany ($900M), Japan ($392M), China ($332M), United States ($328M), and Romania ($190M).

Imports In 2022 the top importers of Bearings, cylindrical roller, nes were Germany ($433M), United States ($403M), China ($391M), Italy ($125M), and Russia ($118M).

Ranking Bearings, cylindrical roller, nes ranks 672nd in the Product Complexity Index (PCI).

Description Bearing, cylindrical roller are used to minimize the friction between components of machines.

Latest Data

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The following visualization shows the latest trends on Bearings, cylindrical roller, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$900M
Top Destination (2022)Germany$433M

In 2022 Bearings, cylindrical roller, nes were the world's 1083rd most traded product (out of 4,648).

In 2022, the top exporters of Bearings, cylindrical roller, nes were Germany ($900M), Japan ($392M), China ($332M), United States ($328M), and Romania ($190M).

In 2022, the top importers of Bearings, cylindrical roller, nes were Germany ($433M), United States ($403M), China ($391M), Italy ($125M), and Russia ($118M).

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Exporters of Bearings, cylindrical roller, nes (2022)
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Importers of Bearings, cylindrical roller, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$47.1M
Top Destination Growth (2021 -  2022)United States$70.6M

Between 2021 and 2022, the exports of Bearings, cylindrical roller, nes grew the fastest in United States ($47.1M), Kazakhstan ($39.5M), China ($36.5M), India ($10.9M), and Italy ($9.86M).

Between 2021 and 2022, the fastest growing importers of Bearings, cylindrical roller, nes were United States ($70.6M), Germany ($38.7M), Brazil ($22.6M), Mexico ($20.3M), and Russia ($17.2M).

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Exporters of Bearings, cylindrical roller, nes (2021 - 2022)

Importers of Bearings, cylindrical roller, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bearings, cylindrical roller, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.84. This means that most of the exports of Bearings, cylindrical roller, nes are explained by 14 countries.

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Value of Exports in Bearings, cylindrical roller, nes

Net Trade

TOP NET EXPORTER (2022)Germany$467M
TOP NET IMPORTER (2022)Russia$107M

This map shows which countries export or import more of Bearings, cylindrical roller, nes. Each country is colored based on the difference in exports and imports of Bearings, cylindrical roller, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bearings, cylindrical roller, nes were Germany ($467M), Japan ($341M), Romania ($154M), Slovakia ($99.9M), and Kazakhstan ($82.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Bearings, cylindrical roller, nes were Russia ($107M), Mexico ($86.4M), South Korea ($77.1M), United States ($75M), and Brazil ($69.6M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bearings, cylindrical roller, nes.
It is possible to select the main countries that export or import Bearings, cylindrical roller, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bearings, cylindrical roller, nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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