Overview In July 2024 China'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 $4.68M and imports accounted up to $1.07M, resulting in a positive trade balance of $3.62M. Between July 2023 and July 2024 the exports of China'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 $623k (15.3%) from $4.06M to $4.68M, while imports increased by $310k (41.1%) from $755k to $1.07M.
Destinations In July 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 Russia ($702k), Brazil ($351k), United States ($333k), Germany ($265k), and Pakistan ($198k), and were imported mostly from Japan ($440k), Thailand ($266k), Indonesia ($106k), South Korea ($93.6k), and United States ($27.6k).
Growth In July 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 Mexico ($258k or 137%), Pakistan ($131k or 65.5%), and Senegal ($127k or 382%). In July 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 Thailand ($71.2k or 262%), France ($17.9k or 300%), and Germany ($9.27k or 83.3%).
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