The global export market for ball bearings in units shows significant dominance by China, holding a 74.21% share in 2024, followed by Thailand with 20.14%. Malaysia and India trail at 2.64% and 1.02% respectively, while other countries hold minor shares. Over the past year, China and Thailand's market shares increased slightly by approximately 3%, with noteworthy growth in India at 5.62%. Conversely, the United States experienced a decline of 1.7%, and Argentina showed a notable drop of 3.32%. Trends over the past five years indicate a consistent lead by China, but future forecasts suggest potential shifts.
Future trends to watch include increased competition as emerging markets may amplify their export shares. India's growth trajectory could reshape its role in the global market. Rising technological advancements in manufacturing and geopolitical shifts could further impact trade dynamics.
Top countries in Export of Ball Bearings Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 74.21 | 2023 | +2.94% | +2.92% | View data |
| 2 | 2 Thailand | 20.14 | 2023 | +3.63% | +3% | View data |
| 3 | 3 Malaysia | 2.64 | 2023 | +1.39% | +1.38% | View data |
| 4 | 4 India | 1.02 | 2023 | +4.73% | +5.62% | View data |
| 5 | 5 United States | 0.3 | 2023 | -1% | -1.7% | View data |
| 6 | 6 Brazil | 0.22 | 2023 | +0.43% | +1.95% | View data |
| 7 | 7 Argentina | 0.15 | 2023 | -2.68% | -3.32% | View data |
| 8 | 8 Russia | 0.14 | 2023 | -4.28% | +0.65% | View data |
| 9 | 9 Belarus | 0.084 | 2023 | +0.96% | -0.16% | View data |
| 10 | 10 Armenia | 0.036 | 2023 | +4.83% | +1.35% | View data |
