HS Code:
The 'Other Cylindrical Rollers' category (HS Code: 848291) includes cylindrical rollers used in various types of bearings, such as roller bearings for industrial machinery, automotive applications, and heavy equipment. These components are critical for reducing friction and supporting rotational or linear movement in mechanical systems. This category excludes rollers specifically classified under other bearing components and focuses on cylindrical shapes not covered by more specific HS codes. The global trade of these rollers reflects demand in manufacturing, automotive, and industrial sectors, with significant production and consumption tied to regions with strong industrial bases.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 320 million
26.7% of total trade of total trade
Increasing
USD 250 million
20.8% of total trade of total trade
Stable
USD 180 million
15.0% of total trade of total trade
Increasing
USD 150 million
12.5% of total trade of total trade
Stable
USD 90 million
7.5% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing economies)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for high-precision rollers in automotive and aerospace sectors
Increased trade volume in countries with advanced manufacturing capabilities like Germany and Japan
2021-2022
Shift towards automation and industrial robotics
Growing need for durable cylindrical rollers in robotic systems, boosting exports from tech-focused economies
2020-2022
Supply chain diversification post-COVID-19
Importers seeking alternative suppliers beyond China, benefiting countries like South Korea and India
2021-2023
The European Union introduced provisional anti-dumping duties ranging from 8% to 10% on Chinese cylindrical rollers to protect domestic manufacturers from unfair pricing practices.
March 2023
Potential shift in market share towards European and other Asian suppliers, increasing costs for EU importers reliant on Chinese products.
New provisions under the USMCA agreement require higher regional content for bearing components, including cylindrical rollers, to qualify for tariff-free trade among the US, Mexico, and Canada.
January 2023
Encourages regional production but may increase costs for manufacturers reliant on Asian imports.
A bilateral agreement reduced tariffs on industrial components, including cylindrical rollers, fostering greater trade between the two nations.
July 2022
Strengthens supply chains in East Asia, benefiting manufacturers in both countries with reduced costs and faster delivery times.