2022
Exports
$114MWorld Rnk 33 / 219
Flag Rnk 214 / 1206
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$913MWorld Rnk 9 / 220
Flag Rnk 57 / 1198
2022
ECONOMIC COMPLEXITY of Brazil
0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $114M in Ball Bearings, making it the 33rd largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 214th most exported product in Brazil. The main destination of Ball Bearings exports from Brazil are: United States ($21.3M), Argentina ($16.5M), Germany ($16.5M), Mexico ($11.6M), and France ($9.07M).

The fastest growing export markets for Ball Bearings of Brazil between 2021 and 2022 were Argentina ($4.43M), Mexico ($4.08M), and Germany ($3.9M).

Imports In 2022, Brazil imported $913M in Ball Bearings, becoming the 9th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 57th most imported product in Brazil. Brazil imports Ball Bearings primarily from: China ($354M), United States ($105M), Japan ($102M), Germany ($93.4M), and France ($29.2M).

The fastest growing import markets in Ball Bearings for Brazil between 2021 and 2022 were China ($38.8M), Japan ($20.9M), and United States ($9.47M).

COMPANIES In 2023, leading companies such as Schaeffler Group (16), SKF Group (3), and General Motors (2) were at the forefront of shipping Ball Bearings from Brazil to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-2.31M(-22.5%)
IMPORT GROWTH (July 2023 - July 2024)$9.19M(12.7%)
MAIN EXPORTER (July 2024)São Paulo$6.28M
MAIN DESTINATION (July 2024)Argentina$1.59M

This section shows Ball Bearings's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Ball Bearings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$114M
IMPORTS (2022)$913M
NET TRADE (2022)-$799M

In 2022, Brazil exported $114M in Ball Bearings. The main destinations of Brazil exports on Ball Bearings were United States ($21.3M), Argentina ($16.5M), Germany ($16.5M), Mexico ($11.6M), and France ($9.07M).

In 2022, Brazil imported $913M in Ball Bearings, mainly from China ($354M), United States ($105M), Japan ($102M), Germany ($93.4M), and France ($29.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Argentina$4.43M (36.6%)
Mexico$4.08M (54.3%)
Germany$3.9M (31%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Brazil WERE (2021 - 2022):
Uruguay-$377k (-31.8%)
China-$365k (-15.1%)
Qatar-$311k (-97.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Brazil's main importing competitors in Ball Bearings were:

Explore Visualizations

Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.7M
TOP IMPORT POTENTIALGermany+ $24.8M

Ball Bearings’s highest export potential is United States. With an export gap of $14.7M.   Ball Bearings’s highest import potential is Germany with an import gap of $24.8M.

See methodology.

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