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401029 (Harmonized System 1996 for 6-digit)

2022
World Trade $1.8BRnk 1619 / 4769
2022
Top Exporter | Top Importer $309M | $248MGermany | United States
2022
Product Complexity 1.19Rnk 514 / 4776
2021 - 2022
Export Growth (CAGR) 4.16%Rnk 2398 / 4769
2022
Share of World Trade 0.0076%Rnk 1619 / 4769

About

Overview This page contains the latest trade data of Miscellaneous Rubber Transmission Belts. In 2022, Miscellaneous Rubber Transmission Belts were the world's 1619th most traded product, with a total trade of $1.8B. Between 2021 and 2022 the exports of Miscellaneous Rubber Transmission Belts grew by 4.16%, from $1.73B to $1.8B. Trade in Miscellaneous Rubber Transmission Belts represent 0.0076% of total world trade.

Miscellaneous Rubber Transmission Belts are a part of Conveyor or transmission belts or belting, of vulcanised rubber.

Exports In 2022 the top exporters of Miscellaneous Rubber Transmission Belts  were Germany ($309M), China ($264M), United States ($139M), Japan ($133M), and Mexico ($88.3M).

Imports In 2022 the top importers of Miscellaneous Rubber Transmission Belts were United States ($248M), Germany ($172M), China ($93.2M), Italy ($65.7M), and France ($59.6M).

Ranking Miscellaneous Rubber Transmission Belts ranks 514th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Miscellaneous Rubber Transmission 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 (2022)Germany$309M
Top Destination (2022)United States$248M

In 2022 Miscellaneous Rubber Transmission Belts were the world's 1619th most traded product (out of 4,769).

In 2022, the top exporters of Miscellaneous Rubber Transmission Belts were Germany ($309M), China ($264M), United States ($139M), Japan ($133M), and Mexico ($88.3M).

In 2022, the top importers of Miscellaneous Rubber Transmission Belts were United States ($248M), Germany ($172M), China ($93.2M), Italy ($65.7M), and France ($59.6M).

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Exporters of Miscellaneous Rubber Transmission Belts (2022)
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Importers of Miscellaneous Rubber Transmission Belts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$16.9M
Top Destination Growth (2021 -  2022)United States$32.8M

Between 2021 and 2022, the exports of Miscellaneous Rubber Transmission Belts grew the fastest in China ($16.9M), Romania ($12.9M), India ($12.7M), United States ($11M), and Mexico ($7.77M).

Between 2021 and 2022, the fastest growing importers of Miscellaneous Rubber Transmission Belts were United States ($32.8M), Mexico ($10.3M), Brazil ($9.72M), Germany ($9M), and Canada ($8.34M).

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Exporters of Miscellaneous Rubber Transmission Belts (2021 - 2022)

Importers of Miscellaneous Rubber Transmission Belts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Miscellaneous Rubber Transmission Belts.

In 2022, market concentration measured using Shannon Entropy, was 4.34. This means that most of the exports of Miscellaneous Rubber Transmission Belts are explained by 20 countries.

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Value of Exports in Miscellaneous Rubber Transmission Belts

Net Trade

TOP NET EXPORTER (2022)China$171M
TOP NET IMPORTER (2022)United States$109M

This map shows which countries export or import more of Miscellaneous Rubber Transmission Belts. Each country is colored based on the difference in exports and imports of Miscellaneous Rubber Transmission Belts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Miscellaneous Rubber Transmission Belts were China ($171M), Germany ($137M), Japan ($118M), Romania ($68.2M), and Thailand ($47.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Miscellaneous Rubber Transmission Belts were United States ($109M), Canada ($47.6M), Russia ($35.1M), Brazil ($33.9M), and Vietnam ($29.5M).

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 Miscellaneous Rubber Transmission Belts.
It is possible to select the main countries that export or import Miscellaneous Rubber Transmission Belts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Miscellaneous Rubber Transmission 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 (2022)

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