HS Icon Rubber Belting in  Flag United States

2021
Exports | Imports
: $438M | $676M, World Rnk 3 / 205
Flag Rnk 393 / 1216 | World Rnk 1 / 223
Flag Rnk 450 / 1215

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $26.4M | $29.7M, Canada |  China

2021
ECONOMIC COMPLEXITY of United States
: 1.46, Rnk 10 / 131

2021
PRODUCT COMPLEXITY IN Rubber Belting
: 0.66, Rnk 297 / 1029

Exports In 2021, United States exported $438M in Rubber Belting, making it the 3rd largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 393rd most exported product in United States. The main destination of Rubber Belting exports from United States are: Canada ($169M), Mexico ($65.2M), Brazil ($27.4M), Germany ($22.1M), and Australia ($18.6M).

The fastest growing export markets for Rubber Belting of United States between 2020 and 2021 were Canada ($26.4M), Brazil ($8.65M), and Australia ($4.8M).

Imports In 2021, United States imported $676M in Rubber Belting, becoming the 1st largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 450th most imported product in United States. United States imports Rubber Belting primarily from: Mexico ($136M), China ($115M), Japan ($75.8M), Germany ($67.4M), and Canada ($53.4M).

The fastest growing import markets in Rubber Belting for United States between 2020 and 2021 were China ($29.7M), Japan ($21.8M), and Germany ($11.3M).

Tariffs In 2019, the average tariff for United States in Rubber Belting was 3.05%. The countries with the highest import tariffs for Rubber Belting were Burundi (Most Favoured Nation duty rate treatment, 4.92%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 4.92%), Somalia (Most Favoured Nation duty rate treatment, 4.92%), South Sudan (Most Favoured Nation duty rate treatment, 4.92%), and Afghanistan (Most Favoured Nation duty rate treatment, 4.92%).

January 2023

Subnational Monthly Trade

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Time Scale
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EXPORT GROWTH (January 2022 - January 2023): $4.62M, (13.1%)

IMPORT GROWTH (January 2022 - January 2023): $16.5M, (26.8%)

MAIN EXPORTER (January 2023): Ohio, $8.72M

MAIN DESTINATION (January 2023): Canada, $19.2M

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

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EXPORTS (2021): $438M

IMPORTS (2021): $676M

NET TRADE (2021): -$238M

In 2021, United States exported $438M in Rubber Belting. The main destinations of United States exports on Rubber Belting were Canada ($169M), Mexico ($65.2M), Brazil ($27.4M), Germany ($22.1M), and Australia ($18.6M).

In 2021, United States imported $676M in Rubber Belting, mainly from Mexico ($136M), China ($115M), Japan ($75.8M), Germany ($67.4M), and Canada ($53.4M).

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Flow

THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR United States WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY United States WERE (2020 - 2021):

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Market Concentration

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In 2021, United States's main exporting competitors in Rubber Belting were:

In 2021, United States's main importing competitors in Rubber Belting were:

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