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401099 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.36BRnk 676 / 4644
2023
Top Exporter | Top Importer $1.36B | $705MChina | United States
2023
Product Complexity 0.9Rnk 958 / 4656
2022 - 2023
Export Growth (CAGR) 1.19%Rnk 1418 / 4644
2023
Share of World Trade 0.024%Rnk 676 / 4644

About

Overview This page contains the latest trade data of Conveyor, transmission belts and belting, rubber nes. In 2023, Conveyor, transmission belts and belting, rubber nes were the world's 676th most traded product, with a total trade of $5.36B. Between 2022 and 2023 the exports of Conveyor, transmission belts and belting, rubber nes grew by 1.19%, from $5.3B to $5.36B. Trade in Conveyor, transmission belts and belting, rubber nes represent 0.024% of total world trade.

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

Exports In 2023 the top exporters of Conveyor, transmission belts and belting, rubber nes  were China ($1.36B), Germany ($656M), United States ($410M), Japan ($287M), and Italy ($285M).

Imports In 2023 the top importers of Conveyor, transmission belts and belting, rubber nes were United States ($705M), Germany ($383M), Canada ($229M), Australia ($175M), and France ($162M).

Ranking Conveyor, transmission belts and belting, rubber nes ranks 958th in the Product Complexity Index (PCI).

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 (2023)China$1.36B
Top Destination (2023)United States$705M

In 2023 Conveyor, transmission belts and belting, rubber nes were the world's 676th most traded product (out of 4,644).

In 2023, the top exporters of Conveyor, transmission belts and belting, rubber nes were China ($1.36B), Germany ($656M), United States ($410M), Japan ($287M), and Italy ($285M).

In 2023, the top importers of Conveyor, transmission belts and belting, rubber nes were United States ($705M), Germany ($383M), Canada ($229M), Australia ($175M), and France ($162M).

Explore Visualizations

Exporters of Conveyor, transmission belts and belting, rubber nes (2023)
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Importers of Conveyor, transmission belts and belting, rubber nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$65.6M
Top Destination Growth (2022 -  2023)Russia$46.7M

Between 2022 and 2023, the exports of Conveyor, transmission belts and belting, rubber nes grew the fastest in China ($65.6M), Italy ($36.2M), Poland ($30.2M), United Kingdom ($27M), and Germany ($18.4M).

Between 2022 and 2023, the fastest growing importers of Conveyor, transmission belts and belting, rubber nes were Russia ($46.7M), United Arab Emirates ($21.5M), Australia ($19.9M), Poland ($16.9M), and Thailand ($13.4M).

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Exporters of Conveyor, transmission belts and belting, rubber nes (2022 - 2023)

Importers of Conveyor, transmission belts and belting, rubber nes (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.25. 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 (2023)China$1.23B
TOP NET IMPORTER (2023)United States$295M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Conveyor, transmission belts and belting, rubber nes were China ($1.23B), Germany ($273M), Japan ($228M), Italy ($138M), and India ($130M).

In 2023, the countries that had a largest trade value in imports than in exports of Conveyor, transmission belts and belting, rubber nes were United States ($295M), Australia ($147M), Canada ($141M), Russia ($131M), and Brazil ($117M).

Net Trade (2023)

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 (2023)

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