2024-10-16
According to the China Business Industry Research Institute database, although China's bearing exports fell by 2.1% year-on-year in 2023, in the first eight months of 2024, China's bearing exports reached 535,812 tons, a year-on-year increase of 2.9%. However, in terms of value, China's bearing exports in the same period amounted to US$3,336.4 million, a year-on-year decrease of 1.3%1. This data shows that despite certain challenges, China's bearing exports in the international market are still showing a positive growth trend.