European Union | 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 European Union totalled $ 5.23 billion in 2023. Sales of commodity group 8482 from European Union went up by 2.73% compared to 2022: exports of commodity group 8482 "Ball or roller bearings" went up by $ 139 million (cumulative exports of commodity group 8482 from European Union amounted $5.09 billion in 2022)
Exports of commodity group 8482 "Ball or roller bearings" amounted to 0.189% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 8482 in total exports from European Union decreased by 0.013 p.p. compared to 2022 (it was 0.203% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).
Exports of commodity group 8482 amounted to 1.19% of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to $437 billion in 2023). The share of exports of commodity group 8482 in sales of commodity group from European Union lowered by 0.175 p.p. compared to 2022 (it was 1.37% in 2022, and exports of commodity group from European Union were $371 billion).
Where does European Union export Ball or roller bearings?
Top export destinations of "Ball or roller bearings" from European Union in 2023:
- China with a share of 21% (1.1 billion US$)
- USA with a share of 19.7% (1.03 billion US$)
- Turkey with a share of 8.03% (420 million US$)
- United Kingdom with a share of 6.96% (364 million US$)
- India with a share of 6.34% (332 million US$)
- Brazil with a share of 3.82% (200 million US$)
- Switzerland with a share of 3.3% (172 million US$)
- Mexico with a share of 3.16% (165 million US$)
- Korea with a share of 2.9% (152 million US$)
- Singapore with a share of 1.84% (96 million US$)
Exports structure of 8482 - Ball or roller bearings - from European Union in 2023 represented by the following main commodity groups:
- 36% (1.88 billion US$): 848210 - Ball bearings
- 17.9% (937 million US$): 848250 - Bearings; cylindrical roller bearings, including cage and roller assemblies n.e.s. in heading no. 8482
- 14.9% (781 million US$): 848220 - Tapered roller bearings, incl. cone & tapered roller assemblies
- 11% (579 million US$): 848230 - Spherical roller bearings
- 8.3% (434 million US$): 848299 - Parts, other than balls, needles & rollers, for the bearings of 8482.10-8482.80
- 4.18% (218 million US$): 848280 - Bearings; n.e.s. in heading no. 8482, including combined ball/roller
- 4.06% (212 million US$): 848240 - Needle roller bearings, including cage and needle roller assemblies
- 3.52% (184 million US$): 848291 - Balls, needles & rollers for the bearings of 8482.10-8482.80
The value of imports of commodity group 8482 "Ball or roller bearings" to European Union totalled $ 3.75 billion in 2023. Sales of commodity group 8482 to European Union decreased by 7.81% in value terms compared to 2022. imports of commodity group 8482 "Ball or roller bearings" decreased by $ 318 million (the value of imports of commodity group 8482 to European Union was equal to $4.07 billion in 2022)
Imports of commodity group 8482 "Ball or roller bearings" accounted for 0.138% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 8482 in total imports to European Union increased by 0.003 p.p. compared to 2022 (it was 0.134% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).
Imports of commodity group 8482 reached 1.29% of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled $290 billion in 2023). The share of purchases of commodity group 8482 in imports of commodity group to European Union went down by 0.12 p.p. compared to 2022 (it was 1.41% in 2022, and imports of commodity group to European Union accounted for $288 billion).
Where does European Union import Ball or roller bearings from?
Top trading partners (import of "Ball or roller bearings") of European Union in 2023:
- China with a share of 38% (1.45 billion US$)
- Japan with a share of 12.6% (475 million US$)
- USA with a share of 11.6% (437 million US$)
- India with a share of 6.85% (257 million US$)
- United Kingdom with a share of 6.27% (235 million US$)
- Korea with a share of 4.73% (178 million US$)
- Other Asia, nes with a share of 3% (112 million US$)
- Switzerland with a share of 2.9% (109 million US$)
- Bosnia and Herzegovina with a share of 2.47% (93 million US$)
- Turkey with a share of 2.09% (78 million US$)
Imports structure of 8482 - Ball or roller bearings - to European Union in 2023 represented by the following main commodity groups:
- 43% (1.62 billion US$): 848210 - Ball bearings
- 19.6% (737 million US$): 848299 - Parts, other than balls, needles & rollers, for the bearings of 8482.10-8482.80
- 13.1% (494 million US$): 848220 - Tapered roller bearings, incl. cone & tapered roller assemblies
- 8.2% (308 million US$): 848250 - Bearings; cylindrical roller bearings, including cage and roller assemblies n.e.s. in heading no. 8482
- 5.1% (192 million US$): 848230 - Spherical roller bearings
- 4.92% (184 million US$): 848291 - Balls, needles & rollers for the bearings of 8482.10-8482.80
- 2.92% (109 million US$): 848280 - Bearings; n.e.s. in heading no. 8482, including combined ball/roller
- 2.84% (107 million US$): 848240 - Needle roller bearings, including cage and needle roller assemblies
