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 180cm but not exceeding 240 cm exports accounted up to $734k and imports accounted up to $279k, resulting in a positive trade balance of $455k. 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 180cm but not exceeding 240 cm have decreased by $-55.6k (-7.04%) from $790k to $734k, while imports decreased by $-36k (-11.4%) from $315k to $279k.
Destinations In July 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 Russia ($124k), Burma ($102k), United States ($92.3k), South Africa ($47.8k), and Singapore ($43.8k), and were imported mostly from Thailand ($164k), Indonesia ($38.4k), India ($32.7k), Japan ($14.7k), and United States ($12.2k).
Growth In July 2024, the decrease in Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 180cm but not exceeding 240 cm's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates ($-515k or -86.3%), Russia ($-155k or -66.3%), and Mozambique ($-79.1k or -91%). In July 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 Romania ($-18.8k or -71.9%), China ($-5.08k or -64%), and Germany ($-3.74k or -34.8%).