Date: 2013-07-31

China Ningbo Bearing Exports Exceeded 500 Million Sets in the 1st Half of 2009

According to customs statistics, the bearing manufacturers of Ningbo City exported 500 million sets of bearings in the first half of 2009, valued at 160 million U.S. dollars, respectively, compared with the same period last year (the same below) decreased 37.6% and 37.2%.

The export of general trading is 490 million units; Export of foreign-invested enterprises are the main force, a total of 160 million sets exported; the European Union, India and the United States are the main export markets, exports were 45.65 million U.S. dollars, 22.96 million U.S. dollars and 1683 million, the three together accounted for 53.4 percent of total exports; the export of ball bearings in the main types of bearings, ball bearings exported 140 million U.S. dollars, accounting for 87.5 percent of total exports.

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