2022
Exports | Imports
$480M | $884MWorld Rnk 3 / 202
Flag Rnk 400 / 1217
World Rnk 1 / 224
Flag Rnk 425 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Rubber Belting
0.54Rnk 356 / 1025

About

Exports In 2022, United States exported $480M in Rubber Belting, making it the 3rd largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 400th most exported product in United States. The main destination of Rubber Belting exports from United States are: Canada ($190M), Mexico ($68.4M), Brazil ($39.4M), Australia ($23.2M), and Germany ($23M).

The fastest growing export markets for Rubber Belting of United States between 2021 and 2022 were Canada ($21.1M), Brazil ($11.9M), and Australia ($4.56M).

Imports In 2022, United States imported $884M in Rubber Belting, becoming the 1st largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 425th most imported product in United States. United States imports Rubber Belting primarily from: China ($160M), Mexico ($153M), Canada ($108M), Japan ($85.8M), and India ($77.9M).

The fastest growing import markets in Rubber Belting for United States between 2021 and 2022 were Canada ($54.5M), China ($45.9M), and India ($31.4M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (6.7k), SCHINDLER ELEVATOR CORPORATION (3.95k), and LG ELECTRONICS U.S.A. INC. (3.03k) were at the forefront of shipping Rubber Belting to the United States.

Latest Trends

January 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-5.33M(-13.3%)
IMPORT GROWTH (January 2023 - January 2024)$-5.52M(-7.08%)
MAIN EXPORTER (January 2024)Illinois$5.1M
MAIN DESTINATION (January 2024)Canada$16.6M

This section shows Rubber Belting's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rubber Belting over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$480M
IMPORTS (2022)$884M
NET TRADE (2022)-$404M

In 2022, United States exported $480M in Rubber Belting. The main destinations of United States exports on Rubber Belting were Canada ($190M), Mexico ($68.4M), Brazil ($39.4M), Australia ($23.2M), and Germany ($23M).

In 2022, United States imported $884M in Rubber Belting, mainly from China ($160M), Mexico ($153M), Canada ($108M), Japan ($85.8M), and India ($77.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$21.1M (12.5%)
Brazil$11.9M (43.4%)
Australia$4.56M (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY United States WERE (2021 - 2022):
Belgium-$2.33M (-34.7%)
China-$2.22M (-20.6%)
Bahamas-$1.9M (-83%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Rubber Belting were:
China $1.52B
In 2022, United States's main importing competitors in Rubber Belting were:

Explore Visualizations

Trade Value of Rubber Belting by Exporters

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