Overview In June 2024 United States' Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 180cm but not exceeding 240 cm exports accounted up to $925k and imports accounted up to $1.16M, resulting in a negative trade balance of $233k. Between June 2023 and June 2024 the exports of United States' Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 180cm but not exceeding 240 cm have increased by $79.3k (9.37%) from $846k to $925k, while imports decreased by $-422k (-26.7%) from $1.58M to $1.16M.
Destinations In June 2024, Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 180cm but not exceeding 240 cm were exported mostly to Canada ($488k), Germany ($115k), Argentina ($50.6k), Mexico ($43.8k), and France ($37.2k), and were imported mostly from Mexico ($579k), Romania ($134k), Japan ($80.3k), Poland ($78.1k), and Indonesia ($71.5k).
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 180cm but not exceeding 240 cm's year-by-year exports was explained primarily by an increase in exports to Canada ($166k or 50.6%), Australia ($89.3k or 132%), and China ($23.3k or 132%). In June 2024, the decrease in Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 180cm but not exceeding 240 cm's year-by-year imports was explained primarily by a decrease in imports from N/A.