China Ningbo bearing exports exceeded 500 million sets in the 1st half of 2009

Ningbo, China - (e-bearings.com) 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 is the main export market, 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.

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.