Overview: This page contains the latest trade data of Rubber Belting. In 2019, Rubber Belting were the world's 460th most traded product, with a total trade of $5.77B. Between 2018 and 2019 the exports of Rubber Belting decreased by -7.94%, from $6.26B to $5.77B. Trade in Rubber Belting represent 0.032% of total world trade.
Exports: In 2019 the top exporters of Rubber Belting were China ($985M), Germany ($882M), United States ($441M), Japan ($367M), and Italy ($292M).
Imports: In 2019 the top importers of Rubber Belting were United States ($653M), Germany ($435M), France ($287M), Canada ($243M), and Russia ($203M).
Tariffs: In 2018 the average tariff for Rubber Belting was 10.8%, making it the 379th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Rubber Belting are Bahamas (40.2%), Iran (37.3%), Malaysia (30%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Singapore (0%), and Switzerland (0%).
Ranking: Rubber Belting ranks 232nd in the Product Complexity Index (PCI).
Description: Vulcanised rubber conveyor or transmission belts are used to transmit power from a motor to machinery or equipment. The belt is wrapped around two pulleys, which are then connected to the machine.