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401011 (Harmonized System 1996 for 6-digit)

2023
World Trade $605MRnk 2721 / 4766
2023
Top Exporter | Top Importer $277M | $65.6MChina | Australia
2023
Product Complexity 0.52Rnk 1680 / 4780
2022 - 2023
Export Growth (CAGR) 24.2%Rnk 220 / 4766
2023
Share of World Trade 0.0027%Rnk 2721 / 4766

About

Overview This page contains the latest trade data of Metal-Reinforced Rubber Conveyor Belts. In 2023, Metal-Reinforced Rubber Conveyor Belts were the world's 2721st most traded product, with a total trade of $605M. Between 2022 and 2023 the exports of Metal-Reinforced Rubber Conveyor Belts grew by 24.2%, from $487M to $605M. Trade in Metal-Reinforced Rubber Conveyor Belts represent 0.0027% of total world trade.

Metal-Reinforced Rubber Conveyor Belts are a part of Conveyor or transmission belts or belting, of vulcanised rubber.

Exports In 2023 the top exporters of Metal-Reinforced Rubber Conveyor Belts  were China ($277M), Germany ($84M), Poland ($77.3M), Japan ($26.5M), and United States ($13.4M).

Imports In 2023 the top importers of Metal-Reinforced Rubber Conveyor Belts were Australia ($65.6M), Chile ($49.4M), United States ($38.3M), Germany ($37.6M), and Turkey ($22.4M).

Ranking Metal-Reinforced Rubber Conveyor Belts ranks 1680th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metal-Reinforced Rubber Conveyor Belts. 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$277M
Top Destination (2023)Australia$65.6M

In 2023 Metal-Reinforced Rubber Conveyor Belts were the world's 2721st most traded product (out of 4,766).

In 2023, the top exporters of Metal-Reinforced Rubber Conveyor Belts were China ($277M), Germany ($84M), Poland ($77.3M), Japan ($26.5M), and United States ($13.4M).

In 2023, the top importers of Metal-Reinforced Rubber Conveyor Belts were Australia ($65.6M), Chile ($49.4M), United States ($38.3M), Germany ($37.6M), and Turkey ($22.4M).

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Exporters of Metal-Reinforced Rubber Conveyor Belts (2023)
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Importers of Metal-Reinforced Rubber Conveyor Belts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$94.7M
Top Destination Growth (2022 -  2023)Australia$17.6M

Between 2022 and 2023, the exports of Metal-Reinforced Rubber Conveyor Belts grew the fastest in China ($94.7M), Poland ($22.7M), Germany ($19.7M), Japan ($10.1M), and Serbia ($5.6M).

Between 2022 and 2023, the fastest growing importers of Metal-Reinforced Rubber Conveyor Belts were Australia ($17.6M), Germany ($16.9M), United States ($12M), Serbia ($11.9M), and Turkey ($11.1M).

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Exporters of Metal-Reinforced Rubber Conveyor Belts (2022 - 2023)

Importers of Metal-Reinforced Rubber Conveyor Belts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metal-Reinforced Rubber Conveyor Belts.

In 2023, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Metal-Reinforced Rubber Conveyor Belts are explained by 8 countries.

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Value of Exports in Metal-Reinforced Rubber Conveyor Belts

Net Trade

TOP NET EXPORTER (2023)China$267M
TOP NET IMPORTER (2023)Australia$53.9M

This map shows which countries export or import more of Metal-Reinforced Rubber Conveyor Belts. Each country is colored based on the difference in exports and imports of Metal-Reinforced Rubber Conveyor Belts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Metal-Reinforced Rubber Conveyor Belts were China ($267M), Poland ($71.9M), Germany ($46.4M), Japan ($23.9M), and Italy ($9.65M).

In 2023, the countries that had a largest trade value in imports than in exports of Metal-Reinforced Rubber Conveyor Belts were Australia ($53.9M), Chile ($47.9M), United States ($24.8M), Turkey ($18.8M), and Indonesia ($18.1M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Metal-Reinforced Rubber Conveyor Belts.
It is possible to select the main countries that export or import Metal-Reinforced Rubber Conveyor Belts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metal-Reinforced Rubber Conveyor Belts 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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