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842833 (Harmonized System 1992 for 6-digit)

2022
World Trade $4.12BRnk 906 / 4648
2022
Top Exporter | Top Importer $978M | $722MChina | United States
2022
Product Complexity 0.71Rnk 1260 / 4653
2021 - 2022
Export Growth (CAGR) 5.43%Rnk 2177 / 4648
2022
Share of World Trade 0.017%Rnk 906 / 4648

About

Overview This page contains the latest trade data of Continuous action goods conveyor or elevator belt typ. In 2022, Continuous action goods conveyor or elevator belt typ were the world's 906th most traded product, with a total trade of $4.12B. Between 2021 and 2022 the exports of Continuous action goods conveyor or elevator belt typ grew by 5.43%, from $3.91B to $4.12B. Trade in Continuous action goods conveyor or elevator belt typ represent 0.017% of total world trade.

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

Exports In 2022 the top exporters of Continuous action goods conveyor or elevator belt typ  were China ($978M), Germany ($571M), Austria ($312M), Italy ($287M), and Netherlands ($207M).

Imports In 2022 the top importers of Continuous action goods conveyor or elevator belt typ were United States ($722M), Germany ($244M), Vietnam ($180M), Mexico ($179M), and Indonesia ($155M).

Ranking Continuous action goods conveyor or elevator belt typ ranks 1260th 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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Flow
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 (2022)China$978M
Top Destination (2022)United States$722M

In 2022 Continuous action goods conveyor or elevator belt typ were the world's 906th most traded product (out of 4,648).

In 2022, the top exporters of Continuous action goods conveyor or elevator belt typ were China ($978M), Germany ($571M), Austria ($312M), Italy ($287M), and Netherlands ($207M).

In 2022, the top importers of Continuous action goods conveyor or elevator belt typ were United States ($722M), Germany ($244M), Vietnam ($180M), Mexico ($179M), and Indonesia ($155M).

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Exporters of Continuous action goods conveyor or elevator belt typ (2022)
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Importers of Continuous action goods conveyor or elevator belt typ (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$252M
Top Destination Growth (2021 -  2022)Indonesia$55.6M

Between 2021 and 2022, the exports of Continuous action goods conveyor or elevator belt typ grew the fastest in China ($252M), Netherlands ($71.6M), Canada ($38.9M), Latvia ($30.5M), and Austria ($29.1M).

Between 2021 and 2022, the fastest growing importers of Continuous action goods conveyor or elevator belt typ were Indonesia ($55.6M), Germany ($39.9M), Vietnam ($37.9M), United States ($37.4M), and Turkey ($27.8M).

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Exporters of Continuous action goods conveyor or elevator belt typ (2021 - 2022)

Importers of Continuous action goods conveyor or elevator belt typ (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Continuous action goods conveyor or elevator belt typ are explained by 18 countries.

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

Net Trade

TOP NET EXPORTER (2022)China$880M
TOP NET IMPORTER (2022)United States$523M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Continuous action goods conveyor or elevator belt typ were China ($880M), Germany ($326M), Austria ($254M), Italy ($223M), and South Korea ($128M).

In 2022, 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 ($523M), Vietnam ($167M), Indonesia ($155M), Mexico ($116M), and Russia ($99.5M).

Net Trade (2022)

Country Comparison

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Measure
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 (2022)

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