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401099 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.29BRnk 725 / 4648
2022
Top Exporter | Top Importer $1.29B | $691MChina | United States
2022
Product Complexity 0.97Rnk 811 / 4653
2021 - 2022
Export Growth (CAGR) 11.3%Rnk 1473 / 4648
2022
Share of World Trade 0.022%Rnk 725 / 4648

About

Overview This page contains the latest trade data of Conveyor, transmission belts and belting, rubber nes. In 2022, Conveyor, transmission belts and belting, rubber nes were the world's 725th most traded product, with a total trade of $5.29B. Between 2021 and 2022 the exports of Conveyor, transmission belts and belting, rubber nes grew by 11.3%, from $4.76B to $5.29B. Trade in Conveyor, transmission belts and belting, rubber nes represent 0.022% of total world trade.

Conveyor, transmission belts and belting, rubber nes are a part of Rubber Belting.

Exports In 2022 the top exporters of Conveyor, transmission belts and belting, rubber nes  were China ($1.29B), Germany ($664M), United States ($369M), Japan ($271M), and Poland ($256M).

Imports In 2022 the top importers of Conveyor, transmission belts and belting, rubber nes were United States ($691M), Germany ($458M), Canada ($222M), France ($190M), and Brazil ($165M).

Ranking Conveyor, transmission belts and belting, rubber nes ranks 811th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Conveyor, transmission belts and belting, rubber nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$1.29B
Top Destination (2022)United States$691M

In 2022 Conveyor, transmission belts and belting, rubber nes were the world's 725th most traded product (out of 4,648).

In 2022, the top exporters of Conveyor, transmission belts and belting, rubber nes were China ($1.29B), Germany ($664M), United States ($369M), Japan ($271M), and Poland ($256M).

In 2022, the top importers of Conveyor, transmission belts and belting, rubber nes were United States ($691M), Germany ($458M), Canada ($222M), France ($190M), and Brazil ($165M).

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Exporters of Conveyor, transmission belts and belting, rubber nes (2022)
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Importers of Conveyor, transmission belts and belting, rubber nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$298M
Top Destination Growth (2021 -  2022)United States$185M

Between 2021 and 2022, the exports of Conveyor, transmission belts and belting, rubber nes grew the fastest in China ($298M), India ($54.3M), Canada ($51.8M), Poland ($43.4M), and United States ($40.9M).

Between 2021 and 2022, the fastest growing importers of Conveyor, transmission belts and belting, rubber nes were United States ($185M), Brazil ($47.2M), Germany ($44M), Canada ($37.5M), and Mexico ($31.5M).

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Exporters of Conveyor, transmission belts and belting, rubber nes (2021 - 2022)

Importers of Conveyor, transmission belts and belting, rubber nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Conveyor, transmission belts and belting, rubber nes.

In 2022, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Conveyor, transmission belts and belting, rubber nes are explained by 19 countries.

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Value of Exports in Conveyor, transmission belts and belting, rubber nes

Net Trade

TOP NET EXPORTER (2022)China$1.16B
TOP NET IMPORTER (2022)United States$321M

This map shows which countries export or import more of Conveyor, transmission belts and belting, rubber nes. Each country is colored based on the difference in exports and imports of Conveyor, transmission belts and belting, rubber nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Conveyor, transmission belts and belting, rubber nes were China ($1.16B), Germany ($206M), Japan ($203M), Poland ($129M), and India ($104M).

In 2022, the countries that had a largest trade value in imports than in exports of Conveyor, transmission belts and belting, rubber nes were United States ($321M), Brazil ($126M), Canada ($116M), Australia ($112M), and Chile ($91.3M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Conveyor, transmission belts and belting, rubber nes.
It is possible to select the main countries that export or import Conveyor, transmission belts and belting, rubber nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Conveyor, transmission belts and belting, rubber nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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