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842833 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.18BRnk 863 / 4644
2023
Top Exporter | Top Importer $1.02B | $815MChina | United States
2023
Product Complexity 0.67Rnk 1345 / 4656
2022 - 2023
Export Growth (CAGR) 4.45%Rnk 1088 / 4644
2023
Share of World Trade 0.018%Rnk 863 / 4644

About

Overview This page contains the latest trade data of Continuous action goods conveyor or elevator belt typ. In 2023, Continuous action goods conveyor or elevator belt typ were the world's 863rd most traded product, with a total trade of $4.18B. Between 2022 and 2023 the exports of Continuous action goods conveyor or elevator belt typ grew by 4.45%, from $4B to $4.18B. Trade in Continuous action goods conveyor or elevator belt typ represent 0.018% of total world trade.

Continuous action goods conveyor or elevator belt typ are a part of Lifting Machinery.

Exports In 2023 the top exporters of Continuous action goods conveyor or elevator belt typ  were China ($1.02B), Germany ($527M), Netherlands ($272M), Canada ($244M), and United States ($241M).

Imports In 2023 the top importers of Continuous action goods conveyor or elevator belt typ were United States ($815M), Germany ($250M), Mexico ($203M), Indonesia ($190M), and Vietnam ($177M).

Ranking Continuous action goods conveyor or elevator belt typ ranks 1345th in the Product Complexity Index (PCI).

Description Continuous action goods conveyors are used to move goods. The belt is usually a flat belt that runs on two or more rollers and can be used to move goods horizontally. Elevators belts are used to carry goods vertically.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Continuous action goods conveyor or elevator belt typ. 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$1.02B
Top Destination (2023)United States$815M

In 2023 Continuous action goods conveyor or elevator belt typ were the world's 863rd most traded product (out of 4,644).

In 2023, the top exporters of Continuous action goods conveyor or elevator belt typ were China ($1.02B), Germany ($527M), Netherlands ($272M), Canada ($244M), and United States ($241M).

In 2023, the top importers of Continuous action goods conveyor or elevator belt typ were United States ($815M), Germany ($250M), Mexico ($203M), Indonesia ($190M), and Vietnam ($177M).

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Exporters of Continuous action goods conveyor or elevator belt typ (2023)
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Importers of Continuous action goods conveyor or elevator belt typ (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$66.2M
Top Destination Growth (2022 -  2023)Indonesia$57M

Between 2022 and 2023, the exports of Continuous action goods conveyor or elevator belt typ grew the fastest in China ($66.2M), Netherlands ($50.2M), Canada ($41.6M), United States ($27.8M), and Denmark ($26.6M).

Between 2022 and 2023, the fastest growing importers of Continuous action goods conveyor or elevator belt typ were Indonesia ($57M), Thailand ($50.9M), United States ($49.4M), France ($38.1M), and Mexico ($33.5M).

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Exporters of Continuous action goods conveyor or elevator belt typ (2022 - 2023)

Importers of Continuous action goods conveyor or elevator belt typ (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Continuous action goods conveyor or elevator belt typ.

In 2023, market concentration measured using Shannon Entropy, was 4.25. This means that most of the exports of Continuous action goods conveyor or elevator belt typ are explained by 19 countries.

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Value of Exports in Continuous action goods conveyor or elevator belt typ

Net Trade

TOP NET EXPORTER (2023)China$908M
TOP NET IMPORTER (2023)United States$574M

This map shows which countries export or import more of Continuous action goods conveyor or elevator belt typ. Each country is colored based on the difference in exports and imports of Continuous action goods conveyor or elevator belt typ during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Continuous action goods conveyor or elevator belt typ were China ($908M), Germany ($277M), Netherlands ($198M), Italy ($172M), and South Korea ($148M).

In 2023, the countries that had a largest trade value in imports than in exports of Continuous action goods conveyor or elevator belt typ were United States ($574M), Indonesia ($190M), Vietnam ($159M), Mexico ($136M), and Australia ($114M).

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 Continuous action goods conveyor or elevator belt typ.
It is possible to select the main countries that export or import Continuous action goods conveyor or elevator belt typ in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Continuous action goods conveyor or elevator belt typ 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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