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848320 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.39BRnk 1766 / 4644
2023
Top Exporter | Top Importer $388M | $160MChina | United States
2023
Product Complexity 1.19Rnk 489 / 4656
2022 - 2023
Export Growth (CAGR) -6.52%Rnk 2279 / 4644
2023
Share of World Trade 0.0062%Rnk 1766 / 4644

About

Overview This page contains the latest trade data of Bearing housings etc incorporating ball/roller bearin. In 2023, Bearing housings etc incorporating ball/roller bearin were the world's 1766th most traded product, with a total trade of $1.39B. Between 2022 and 2023 the exports of Bearing housings etc incorporating ball/roller bearin decreased by -6.52%, from $1.49B to $1.39B. Trade in Bearing housings etc incorporating ball/roller bearin represent 0.0062% of total world trade.

Bearing housings etc incorporating ball/roller bearin are a part of Transmissions.

Exports In 2023 the top exporters of Bearing housings etc incorporating ball/roller bearin  were China ($388M), Germany ($159M), United States ($156M), Japan ($105M), and Italy ($78.2M).

Imports In 2023 the top importers of Bearing housings etc incorporating ball/roller bearin were United States ($160M), Germany ($122M), Mexico ($88.6M), India ($70.8M), and Canada ($63.1M).

Ranking Bearing housings etc incorporating ball/roller bearin ranks 489th in the Product Complexity Index (PCI).

Description Bearing housings are used to protect bearings from damage and maintain a quality seal. They are also used to provide a space for bearings to rotate in.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bearing housings etc incorporating ball/roller bearin. 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 (2023)China$388M
Top Destination (2023)United States$160M

In 2023 Bearing housings etc incorporating ball/roller bearin were the world's 1766th most traded product (out of 4,644).

In 2023, the top exporters of Bearing housings etc incorporating ball/roller bearin were China ($388M), Germany ($159M), United States ($156M), Japan ($105M), and Italy ($78.2M).

In 2023, the top importers of Bearing housings etc incorporating ball/roller bearin were United States ($160M), Germany ($122M), Mexico ($88.6M), India ($70.8M), and Canada ($63.1M).

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Exporters of Bearing housings etc incorporating ball/roller bearin (2023)
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Importers of Bearing housings etc incorporating ball/roller bearin (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$10.4M
Top Destination Growth (2022 -  2023)Saudi Arabia$7.4M

Between 2022 and 2023, the exports of Bearing housings etc incorporating ball/roller bearin grew the fastest in Germany ($10.4M), Canada ($5.42M), Austria ($4.18M), Brazil ($3.07M), and Singapore ($2.84M).

Between 2022 and 2023, the fastest growing importers of Bearing housings etc incorporating ball/roller bearin were Saudi Arabia ($7.4M), Turkey ($7.07M), United Arab Emirates ($4.6M), Kazakhstan ($4.57M), and Singapore ($4.25M).

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Exporters of Bearing housings etc incorporating ball/roller bearin (2022 - 2023)

Importers of Bearing housings etc incorporating ball/roller bearin (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bearing housings etc incorporating ball/roller bearin.

In 2023, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Bearing housings etc incorporating ball/roller bearin are explained by 16 countries.

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Value of Exports in Bearing housings etc incorporating ball/roller bearin

Net Trade

TOP NET EXPORTER (2023)China$337M
TOP NET IMPORTER (2023)India$55.8M

This map shows which countries export or import more of Bearing housings etc incorporating ball/roller bearin. Each country is colored based on the difference in exports and imports of Bearing housings etc incorporating ball/roller bearin during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bearing housings etc incorporating ball/roller bearin were China ($337M), Japan ($72.6M), Vietnam ($46.8M), Germany ($37M), and Italy ($30.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Bearing housings etc incorporating ball/roller bearin were India ($55.8M), Mexico ($49.2M), Canada ($46.4M), United Kingdom ($28.8M), and Turkey ($26.9M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bearing housings etc incorporating ball/roller bearin.
It is possible to select the main countries that export or import Bearing housings etc incorporating ball/roller bearin in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bearing housings etc incorporating ball/roller bearin 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 (2023)

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