China | Imports and Exports | World | Ball or roller bearings | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 8482 "Ball or roller bearings" from China totalled $ 6.31 billion in 2023. Sales of commodity group 8482 from China decreased by 9.01% in value terms compared to 2022. exports of commodity group 8482 "Ball or roller bearings" decreased by $ 626 million (cumulative exports of commodity group 8482 from China amounted $6.94 billion in 2022)
Exports of commodity group 8482 "Ball or roller bearings" amounted to 0.186% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 8482 in total exports from China decreased by 0.006 p.p. compared to 2022 (it was 0.193% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).
Exports of commodity group 8482 amounted to 1.23% of total sales of group "" from China in 2023 (the value of exports of commodity group from China amounted to $510 billion in 2023). The share of exports of commodity group 8482 in sales of commodity group from China lowered by 0.02 p.p. compared to 2022 (it was 1.25% in 2022, and exports of commodity group from China were $551 billion).
Where does China export Ball or roller bearings?
Top export destinations of "Ball or roller bearings" from China in 2023:
- India with a share of 10.3% (656 million US$)
- USA with a share of 9.22% (582 million US$)
- Germany with a share of 7.74% (489 million US$)
- Korea with a share of 6.03% (381 million US$)
- Mexico with a share of 4.72% (298 million US$)
- Italy with a share of 4.2% (265 million US$)
- Japan with a share of 4.08% (258 million US$)
- Brazil with a share of 4.03% (255 million US$)
- Malaysia with a share of 3.33% (211 million US$)
- Russia with a share of 3.27% (206 million US$)
Exports structure of 8482 - Ball or roller bearings - from China in 2023 represented by the following main commodity groups:
- 51% (3.24 billion US$): 848210 - Ball bearings
- 16.3% (1.03 billion US$): 848299 - Parts, other than balls, needles & rollers, for the bearings of 8482.10-8482.80
- 10.3% (656 million US$): 848220 - Tapered roller bearings, incl. cone & tapered roller assemblies
- 5.63% (355 million US$): 848291 - Balls, needles & rollers for the bearings of 8482.10-8482.80
- 5.12% (323 million US$): 848250 - Bearings; cylindrical roller bearings, including cage and roller assemblies n.e.s. in heading no. 8482
- 4.28% (270 million US$): 848230 - Spherical roller bearings
- 3.55% (224 million US$): 848240 - Needle roller bearings, including cage and needle roller assemblies
- 3.31% (209 million US$): 848280 - Bearings; n.e.s. in heading no. 8482, including combined ball/roller
The value of imports of commodity group 8482 "Ball or roller bearings" to China totalled $ 3.77 billion in 2023. Sales of commodity group 8482 to China decreased by 16% in value terms compared to 2022. imports of commodity group 8482 "Ball or roller bearings" decreased by $ 719 million (the value of imports of commodity group 8482 to China was equal to $4.49 billion in 2022)
Imports of commodity group 8482 "Ball or roller bearings" accounted for 0.147% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 8482 in total imports to China decreased by 0.017 p.p. compared to 2022 (it was 0.165% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).
Imports of commodity group 8482 reached 1.91% of total imports of group "" to China in 2023 (imports of commodity group to China totalled $197 billion in 2023). The share of purchases of commodity group 8482 in imports of commodity group to China went down by 0.309 p.p. compared to 2022 (it was 2.22% in 2022, and imports of commodity group to China accounted for $202 billion).
Where does China import Ball or roller bearings from?
Top trading partners (import of "Ball or roller bearings") of China in 2023:
- Japan with a share of 25% (955 million US$)
- Germany with a share of 18.7% (708 million US$)
- Other Asia, nes with a share of 11% (417 million US$)
- Thailand with a share of 6.27% (236 million US$)
- USA with a share of 5.64% (212 million US$)
- Korea with a share of 4.11% (155 million US$)
- Romania with a share of 4.05% (153 million US$)
- Austria with a share of 3.53% (133 million US$)
- Italy with a share of 3.05% (115 million US$)
- France with a share of 2.69% (101 million US$)
Imports structure of 8482 - Ball or roller bearings - to China in 2023 represented by the following main commodity groups:
- 41% (1.57 billion US$): 848210 - Ball bearings
- 18.8% (712 million US$): 848250 - Bearings; cylindrical roller bearings, including cage and roller assemblies n.e.s. in heading no. 8482
- 15.5% (585 million US$): 848299 - Parts, other than balls, needles & rollers, for the bearings of 8482.10-8482.80
- 11.4% (431 million US$): 848220 - Tapered roller bearings, incl. cone & tapered roller assemblies
- 4.91% (185 million US$): 848230 - Spherical roller bearings
- 2.63% (99 million US$): 848240 - Needle roller bearings, including cage and needle roller assemblies
- 2.61% (98 million US$): 848291 - Balls, needles & rollers for the bearings of 8482.10-8482.80
- 2.15% (81 million US$): 848280 - Bearings; n.e.s. in heading no. 8482, including combined ball/roller
