Views: 11 Author: Site Editor Publish Time: 2025-06-23 Origin: https://www.bearing-news.com/
According to customs statistics, from January to December 2024, China imported rolling bearings worth 35.19 billion USD, a 6.73% decrease compared to the same period last year. The import volume totaled 16.62 million tons, down by 9.14%. The average import price of bearings increased, reaching 2.12 million USD per ton, roughly four times higher than the average price of exported Chinese bearings.
Table 1: Bearing Imports
The highest volumes of imports were in the following types of bearings:
Deep groove ball bearings
Other cylindrical roller bearings, including separators and roller units
Other rolling bearing components
Other ball bearings
Tapered roller bearings, including tapered roller units
Less in demand were thrust ball bearings and self-aligning ball bearings.
The leading countries by import volume were:
Japan
Germany
Taiwan
Thailand
USA
Significant imports also came from South Korea, Austria, France, Italy, and Romania.
In 2024, China exported rolling bearings worth 64.40 billion USD, a 1.92% increase compared to last year. The export volume was 121.55 million tons, up by 7.1%. The average export price decreased to 0.53 million USD per ton.
The highest export volumes were in the following types of bearings:
Deep groove ball bearings
Other rolling bearing components
Other ball bearings
Tapered roller bearings, including tapered roller units
Other cylindrical roller bearings, including separators and roller units
Less in demand were self-aligning ball bearings and thrust ball bearings.
Table 2: Bearing Exports
The leading countries by export volume were:
India
USA
Germany
South Korea
Mexico
Significant export volumes also went to Brazil, Italy, Japan, Vietnam, and France.
The customs data shows that despite a decline in the import of rolling bearings, China continues to increase its export volumes, solidifying its position as a key player in the global bearing market.
