The value of exports of commodity group 8482 "Ball or roller bearings" from India totalled $ 783 million in 2023. Sales of commodity group 8482 from India decreased by 7.21% in value terms compared to 2022. exports of commodity group 8482 "Ball or roller bearings" decreased by $ 60 million (cumulative exports of commodity group 8482 from India amounted $844 million in 2022)
Exports of commodity group 8482 "Ball or roller bearings" amounted to 0.181% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 8482 in total exports from India decreased by 0.004 p.p. compared to 2022 (it was 0.186% in 2022 and cumulative exports from India were equal to $ 452 billion).
Exports of commodity group 8482 amounted to 2.67% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $29 billion in 2023). The share of exports of commodity group 8482 in sales of commodity group from India lowered by 0.397 p.p. compared to 2022 (it was 3.07% in 2022, and exports of commodity group from India were $27 billion).
Where does India export Ball or roller bearings?
Top export destinations of "Ball or roller bearings" from India in 2023:
- USA with a share of 23% (186 million US$)
- Germany with a share of 20% (157 million US$)
- China with a share of 5.15% (40 million US$)
- France with a share of 4.85% (38 million US$)
- Russia with a share of 4.49% (35 million US$)
- Mexico with a share of 2.81% (22 million US$)
- Italy with a share of 2.39% (18.7 million US$)
- Singapore with a share of 2.33% (18.2 million US$)
- Brazil with a share of 2.29% (17.9 million US$)
- United Arab Emirates with a share of 1.87% (14.7 million US$)
Exports structure of 8482 - Ball or roller bearings - from India in 2023 represented by the following main commodity groups:
- 31% (250 million US$): 848220 - Tapered roller bearings, incl. cone & tapered roller assemblies
- 26% (205 million US$): 848299 - Parts, other than balls, needles & rollers, for the bearings of 8482.10-8482.80
- 19.2% (150 million US$): 848210 - Ball bearings
- 9.57% (75 million US$): 848250 - Bearings; cylindrical roller bearings, including cage and roller assemblies n.e.s. in heading no. 8482
- 4.76% (37 million US$): 848291 - Balls, needles & rollers for the bearings of 8482.10-8482.80
- 3.62% (28 million US$): 848280 - Bearings; n.e.s. in heading no. 8482, including combined ball/roller
- 3.31% (25 million US$): 848230 - Spherical roller bearings
- 1.33% (10.4 million US$): 848240 - Needle roller bearings, including cage and needle roller assemblies
The value of imports of commodity group 8482 "Ball or roller bearings" to India totalled $ 1.32 billion in 2023. Sales of commodity group 8482 to India went up by 1.49% compared to 2022: imports of commodity group 8482 "Ball or roller bearings" went up by $ 19.6 million (the value of imports of commodity group 8482 to India was equal to $1.3 billion in 2022)
Imports of commodity group 8482 "Ball or roller bearings" accounted for 0.197% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 8482 in total imports to India increased by 0.018 p.p. compared to 2022 (it was 0.178% in 2022 and cumulative imports to India were equal to $ 732 billion).
Imports of commodity group 8482 reached 2.33% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $57 billion in 2023). The share of purchases of commodity group 8482 in imports of commodity group to India went down by 0.06 p.p. compared to 2022 (it was 2.39% in 2022, and imports of commodity group to India accounted for $54 billion).
Where does India import Ball or roller bearings from?
Top trading partners (import of "Ball or roller bearings") of India in 2023:
- China with a share of 45% (605 million US$)
- Germany with a share of 14.8% (197 million US$)
- Japan with a share of 11.5% (154 million US$)
- USA with a share of 4.24% (56 million US$)
- Thailand with a share of 2.57% (34 million US$)
- Italy with a share of 2.54% (33 million US$)
- Romania with a share of 2.37% (31 million US$)
- Korea with a share of 2.29% (30 million US$)
- France with a share of 2.29% (30 million US$)
- Sweden with a share of 2.03% (27 million US$)
Imports structure of 8482 - Ball or roller bearings - to India in 2023 represented by the following main commodity groups:
- 38% (514 million US$): 848210 - Ball bearings
- 13.7% (183 million US$): 848299 - Parts, other than balls, needles & rollers, for the bearings of 8482.10-8482.80
- 12.8% (171 million US$): 848230 - Spherical roller bearings
- 11.1% (148 million US$): 848220 - Tapered roller bearings, incl. cone & tapered roller assemblies
- 8.06% (107 million US$): 848280 - Bearings; n.e.s. in heading no. 8482, including combined ball/roller
- 7.08% (94 million US$): 848250 - Bearings; cylindrical roller bearings, including cage and roller assemblies n.e.s. in heading no. 8482
- 5.6% (74 million US$): 848291 - Balls, needles & rollers for the bearings of 8482.10-8482.80
- 2.72% (36 million US$): 848240 - Needle roller bearings, including cage and needle roller assemblies