Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm in   Canada

Overview In June 2024 Canada's Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm exports accounted up to C$521k and imports accounted up to C$4.86M, resulting in a negative trade balance of C$4.34M. Between June 2023 and June 2024 the exports of Canada's   Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm have increased by C$17.7k (3.52%) from C$504k to C$521k, while imports increased by C$426k (9.61%) from C$4.43M to C$4.86M.

Destinations In June 2024, Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm were exported mostly to United States (C$521k), and were imported mostly from China (C$1.87M), United States (C$1.68M), Mexico (C$722k), Japan (C$291k), and India (C$99.5k).

Growth In June 2024, the increase in Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm's year-by-year imports was explained primarily by an increase in imports from China (C$928k or 889%), Mexico (C$127k or 36.6%), and Italy (C$74.8k or 310%).