Chinese bearing import & export increased highly and export surplus reduced sharply (I)
Resource from: From CBCC Likes:3117
Mar 25,2003
I. Bearing export
In 2002, China exported 1.737077 billion bearings, up 12.73% than 2001, worth USD $744.395 million, 9.38% higher than last year. The export surplus was USD $96.839 million, less by USD $93.841 million than last year.
1. Exported bearings
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bearing type Qty % USD$ %
10 thousand sets % 10 thousand USD %
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ball bearing 163138.5 93.92 54536.1 73.26
tapered roller bearing 4800.4 2.76 4278.8 5.75
spherical roller bearing 28.1 0.2 506.3 0.68
needle roller bearing 2698.4 1.55 765.5 1.03
cylindrical roller bearing 626.5 0.36 123.3 0.17
other roller bearing 801.8 0.46 533.7 0.73
bearing with pillow blocks 16140 0.93 3066.6 4.12
bearing parts （22751 tons） / 6875.4 9.24
bearing rolling elements （22656 tons） / 3753.8 5.04
Total 173707.7 100 74439.5 100
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2. Countries
In 2002, Chinese bearings were exported to 124 countries, among which there were 15 countries imported more than USD $10 million each. The total import amount of the 15 countries was USD $592.594 million, which was 79.61% in the total export of China. The list of the bearing import amount is as follows:
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No. country/area amount % up/down than last year
10 thousand USD$ % %
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1 U.S.A. 16281.7 21.87 21.19
2 Japan 6131.6 8.24 -17.42
3 Hong Kong 5770.9 7.75 -0.0017
4 Germany 5563.0 7.47 7.74
5 Italy 5520.7 7.41 9.96
6 Korea 3648.5 4.90 19.23
7 United Arab Emirates 3641.3 4.89 20.30
8 Singapore 2424.9 3.26 -19.22
9 Taiwan 2291.3 3.08 26.44
10 India 1773.9 2.38 22.80
11 Thailand 1727.4 2.32 26.30
12 Brazil 1369.0 1.84 4.68
13 Indonesia 1069.5 1.44 24.14
14 Malaysia 1036.8 1.39 29.86
15 Britain 1008.9 1.36 -12.25
Total 59259.4 79.61
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(From CBCC)
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