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401029 (Harmonized System 1996 for 6-digit)

2023
World Trade $1.84BRnk 1535 / 4766
2023
Top Exporter | Top Importer $297M | $227MGermany | United States
2023
Product Complexity 0.93Rnk 910 / 4780
2022 - 2023
Export Growth (CAGR) -3%Rnk 1889 / 4766
2023
Share of World Trade 0.0081%Rnk 1535 / 4766

About

Overview This page contains the latest trade data of Miscellaneous Rubber Transmission Belts. In 2023, Miscellaneous Rubber Transmission Belts were the world's 1535th most traded product, with a total trade of $1.84B. Between 2022 and 2023 the exports of Miscellaneous Rubber Transmission Belts decreased by -3%, from $1.89B to $1.84B. Trade in Miscellaneous Rubber Transmission Belts represent 0.0081% of total world trade.

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

Exports In 2023 the top exporters of Miscellaneous Rubber Transmission Belts  were Germany ($297M), China ($257M), United States ($159M), Japan ($152M), and Mexico ($92.7M).

Imports In 2023 the top importers of Miscellaneous Rubber Transmission Belts were United States ($227M), Germany ($164M), China ($90.5M), Mexico ($59.8M), and Russia ($58.4M).

Ranking Miscellaneous Rubber Transmission Belts ranks 910th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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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 (2023)Germany$297M
Top Destination (2023)United States$227M

In 2023 Miscellaneous Rubber Transmission Belts were the world's 1535th most traded product (out of 4,766).

In 2023, the top exporters of Miscellaneous Rubber Transmission Belts were Germany ($297M), China ($257M), United States ($159M), Japan ($152M), and Mexico ($92.7M).

In 2023, the top importers of Miscellaneous Rubber Transmission Belts were United States ($227M), Germany ($164M), China ($90.5M), Mexico ($59.8M), and Russia ($58.4M).

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Exporters of Miscellaneous Rubber Transmission Belts (2023)
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Importers of Miscellaneous Rubber Transmission Belts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$15.1M
Top Destination Growth (2022 -  2023)Russia$19.4M

Between 2022 and 2023, the exports of Miscellaneous Rubber Transmission Belts grew the fastest in Italy ($15.1M), Turkey ($8.13M), United Kingdom ($4.34M), Mexico ($2.34M), and Netherlands ($2.24M).

Between 2022 and 2023, the fastest growing importers of Miscellaneous Rubber Transmission Belts were Russia ($19.4M), Mexico ($5.04M), Algeria ($4.22M), Belarus ($3.9M), and Germany ($3.82M).

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Exporters of Miscellaneous Rubber Transmission Belts (2022 - 2023)

Importers of Miscellaneous Rubber Transmission Belts (2022 - 2023)

Market Concentration

Value

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

In 2023, 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 (2023)China$166M
TOP NET IMPORTER (2023)United States$68.1M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Miscellaneous Rubber Transmission Belts were China ($166M), Japan ($139M), Germany ($134M), Romania ($66.3M), and Switzerland ($43.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Miscellaneous Rubber Transmission Belts were United States ($68.1M), Russia ($56.2M), Canada ($45.8M), Brazil ($32.6M), and Australia ($21M).

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 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 (2023)

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