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401021 (Harmonized System 1996 for 6-digit)

2022
World Trade $1.23BRnk 2015 / 4769
2022
Top Exporter | Top Importer $197M | $143MGermany | United States
2022
Product Complexity 0.7Rnk 1323 / 4776
2021 - 2022
Export Growth (CAGR) 0.23%Rnk 2987 / 4769
2022
Share of World Trade 0.0052%Rnk 2015 / 4769

About

Overview This page contains the latest trade data of V-Shaped Rubber Transmission Belts (60-180cm circumference). In 2022, V-Shaped Rubber Transmission Belts (60-180cm circumference) were the world's 2015th most traded product, with a total trade of $1.23B. Between 2021 and 2022 the exports of V-Shaped Rubber Transmission Belts (60-180cm circumference) grew by 0.23%, from $1.22B to $1.23B. Trade in V-Shaped Rubber Transmission Belts (60-180cm circumference) represent 0.0052% of total world trade.

V-Shaped Rubber Transmission Belts (60-180cm circumference) are a part of Conveyor or transmission belts or belting, of vulcanised rubber.

Exports In 2022 the top exporters of V-Shaped Rubber Transmission Belts (60-180cm circumference)  were Germany ($197M), China ($185M), Japan ($110M), United States ($89.1M), and Belgium ($57.1M).

Imports In 2022 the top importers of V-Shaped Rubber Transmission Belts (60-180cm circumference) were United States ($143M), Germany ($82.8M), France ($55.3M), Canada ($53.6M), and Belgium ($47.7M).

Ranking V-Shaped Rubber Transmission Belts (60-180cm circumference) ranks 1323rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on V-Shaped Rubber Transmission Belts (60-180cm circumference). Countries are shown based on data availability.

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

Explore Latest Trends

* 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)Germany$197M
Top Destination (2022)United States$143M

In 2022 V-Shaped Rubber Transmission Belts (60-180cm circumference) were the world's 2015th most traded product (out of 4,769).

In 2022, the top exporters of V-Shaped Rubber Transmission Belts (60-180cm circumference) were Germany ($197M), China ($185M), Japan ($110M), United States ($89.1M), and Belgium ($57.1M).

In 2022, the top importers of V-Shaped Rubber Transmission Belts (60-180cm circumference) were United States ($143M), Germany ($82.8M), France ($55.3M), Canada ($53.6M), and Belgium ($47.7M).

Explore Visualizations

Exporters of V-Shaped Rubber Transmission Belts (60-180cm circumference) (2022)
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Importers of V-Shaped Rubber Transmission Belts (60-180cm circumference) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$27.3M
Top Destination Growth (2021 -  2022)United States$19.6M

Between 2021 and 2022, the exports of V-Shaped Rubber Transmission Belts (60-180cm circumference) grew the fastest in China ($27.3M), United Arab Emirates ($8.68M), Thailand ($3.88M), South Korea ($3.79M), and Mexico ($3.75M).

Between 2021 and 2022, the fastest growing importers of V-Shaped Rubber Transmission Belts (60-180cm circumference) were United States ($19.6M), Brazil ($7.82M), United Arab Emirates ($5.11M), Kuwait ($4.71M), and Iraq ($3.47M).

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Exporters of V-Shaped Rubber Transmission Belts (60-180cm circumference) (2021 - 2022)

Importers of V-Shaped Rubber Transmission Belts (60-180cm circumference) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of V-Shaped Rubber Transmission Belts (60-180cm circumference).

In 2022, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of V-Shaped Rubber Transmission Belts (60-180cm circumference) are explained by 19 countries.

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Value of Exports in V-Shaped Rubber Transmission Belts (60-180cm circumference)

Net Trade

TOP NET EXPORTER (2022)China$150M
TOP NET IMPORTER (2022)United States$54.3M

This map shows which countries export or import more of V-Shaped Rubber Transmission Belts (60-180cm circumference). Each country is colored based on the difference in exports and imports of V-Shaped Rubber Transmission Belts (60-180cm circumference) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of V-Shaped Rubber Transmission Belts (60-180cm circumference) were China ($150M), Germany ($114M), Japan ($89.3M), Thailand ($45.6M), and Romania ($36.7M).

In 2022, the countries that had a largest trade value in imports than in exports of V-Shaped Rubber Transmission Belts (60-180cm circumference) were United States ($54.3M), Canada ($36.6M), Russia ($26.8M), Turkey ($25.4M), and France ($20.9M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to V-Shaped Rubber Transmission Belts (60-180cm circumference).
It is possible to select the main countries that export or import V-Shaped Rubber Transmission Belts (60-180cm circumference) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of V-Shaped Rubber Transmission Belts (60-180cm circumference) 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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