Global Trade Dynamics: Resilience in Exports and Breakthroughs in Bearing Technology
May 9, 2025

Amid escalating geopolitical tensions and trade policy uncertainties, global commerce in 2025 continues to navigate a complex landscape. While the World Trade Organization (WTO) warns of a potential 0.2% decline in global goods trade due to U.S. tariff policies and geopolitical instability.The country's foreign trade industry has shown remarkable resilience through diversified market strategies and technological innovation, especially in advanced bearing solutions.

1. National exports remain resilient under external pressure

National exporters are responding to the increase in US tariffs by accelerating digital upgrades, green transformation, and expanding into Europe and emerging markets. Exports in the first quarter of 2025 increased by 15% year-on-year, thanks to lightweight, EU-standard power tools tailored for European households.Likewise, Agricultural Machinery Ltd.’s exports to South Africa surged 212.1%, driven by demand for energy-efficient machinery in emerging economies.

2. Technological Leap in Bearing Solutions

The global bearing market size is expected to reach $58.6 billion by 2024 and is projected to reach $143.6 billion by 2034, driven primarily by the popularity of electric vehicles (EVs) and the integration of Industry 4.0.Innovations like smart bearings—embedded with sensors for predictive maintenance—and magnetic bearings are revolutionizing industrial efficiency. 

Meanwhile, academic advancements such as Multi-pad Bidirectional Adjustable Bearings (MBABs) leverage machine learning to optimize radial and circumferential adjustments, bridging the gap between digital and physical systems in manufacturing.These breakthroughs align with push for high-performance, sustainable solutions in automotive and aerospace sectors.

Outlook

While U.S. tariff policies and supply chain realignments pose risks, National industrial adaptability, coupled with BRI synergies and cutting-edge technologies, positions it to sustain export growth. As WTO Director-General Ngozi Okonjo-Iweala cautioned, global stability hinges on collaborative frameworks—a vision increasingly championed by developing economies