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General situation of China's bearing export from January to June 2020

Aug 03 ,2020

Under the influence of the COVID-19 epidemic, China's export industries have been affected much. As the basic parts of mechanical equipment, bearings are widely used. Without bearings, almost all mechanical equipment will not be able to run.

In June 2020, China's bearing export reached 353 million US dollars, down 2.19% month on month and 23.27% lower than that in June last year. The number of bearings exported was 422 million sets, up 4.77% month on month and 16.68% lower than that in June last year.

By June 2020, the total export volume has reached 2.193 billion US dollars, which is 17.76% lower than that of the same period last year. 2.511 billion sets of bearings were exported, down 14.05% over the same period last year. Among them, 76.59 million sets of tapered roller bearings were exported, with a year-on-year decrease of 18.3%, and the export amount was 197.15 million US dollars, with a year-on-year decrease of 18.7%.

The export value of tapered roller bearings of China SKET company has decreased by 15% compared with the same period of last year. Sket bearing company will continue to develop different types of bearing markets in order to smoothly pass this special year.

China Tapered Roller Bearings

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