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Date: 2013-07-31

China Details Bearing Exports for July 2008

The government of China, General Administration of Customs, via the state-controlled Xinhua news, has released data covering its exports of all types of bearings, for July 2008.

China's state-volunteered export data is notoriously inaccurate, tending to dramatically understate both the quantity and value. Although the specific numbers may be suspect, the data does offer insight to general trends in volume, growth, and pricing which have proven valuable in terms of general industry analysis.

Export data for July 2008 :

323,490,000 bearings
total value : USD $203.1 million
average value : USD $0.62 each

For the calendar year through July, China said it has exported just over 2.08 billion bearings, valued at $1.18 billion (average $0.57).

Through July, bearing export volume was up 14% over 2007, but the total value of those bearings was up more than 40%.


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