China Ningbo bearings exports in April exceeded 100 million sets

China Ningbo city, (e-bearings.com) - according to Ningbo customs statistics, exports 105 million sets of bearings in April 2009, worth 33.79 million U.S. dollars, respectively, increased 21.4% and 21.5% on a month-on-month basis. The average price is 0.32 U.S. dollars per set, basically the same price on a month-on-month basis.

Ningbo bearing industry's top three export markets is the European Union, India and ASEAN, respectively, exports of 8.866 million U.S. dollars, 5.596 million U.S. dollars and 3.791 million U.S. dollars, the three together accounted for 54% of total exports. The vast majority of export products is the ball bearings, worth 29.81 million U.S. dollars and accounted for 88.2 percent of total exports.