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Statistics from Ningbo Customs, released on July 26, showed that bearing export value in first half were $165 million, increased by 7.3 percent from last year. The growth rate has become lower than previous year.
Export contributed by common trade were $158 million, accounting for 95.8 percent of the total, increased by 7.88 percent from last year. Among the exporters, state-run and foreign-funded enterprises almost evenly shared the export value with $55.1386 million and $51.8529 respectively, enjoying a growth rate of 6.6 and 29.2 percent accordingly. Export of the two parties take up 64.9 percent of the total.
As the major product for export, ball bearing's export hit $158 million, 7 percent higher than last year. EU and American are the major delivery destination.
As the traditional advantage export item in Ningbo, the bearings has been targeted to the low-end market for a long time, bringing them continuous antidumping accusations from oversea market. In the Ukraine antidumping case in March, lots of bearings made in Ningbo. The Ukraine antidumping case is the third serious one, following the American and India cases.
| Product Model | Inside Diameter | Outside Diameter | Thickness |
| H3076HG bearing | 380 | ||
| H3976HG bearing | 380 |