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Pricing

401024 (Harmonized System 1996 for 6-digit)

2022
World Trade $80.1MRnk 4315 / 4769
2022
Top Exporter | Top Importer $16.8M | $8.1MGermany | United States
2022
Product Complexity 0.94Rnk 896 / 4776
2021 - 2022
Export Growth (CAGR) -29.9%Rnk 4570 / 4769
2022
Share of World Trade 0.00034%Rnk 4315 / 4769

About

Overview This page contains the latest trade data of Synchronous Rubber Belts (150-198cm circumference). In 2022, Synchronous Rubber Belts (150-198cm circumference) were the world's 4315th most traded product, with a total trade of $80.1M. Between 2021 and 2022 the exports of Synchronous Rubber Belts (150-198cm circumference) decreased by -29.9%, from $114M to $80.1M. Trade in Synchronous Rubber Belts (150-198cm circumference) represent 0.00034% of total world trade.

Synchronous Rubber Belts (150-198cm circumference) are a part of Conveyor or transmission belts or belting, of vulcanised rubber.

Exports In 2022 the top exporters of Synchronous Rubber Belts (150-198cm circumference)  were Germany ($16.8M), Japan ($11.6M), United Kingdom ($9.83M), Italy ($8.49M), and China ($5.91M).

Imports In 2022 the top importers of Synchronous Rubber Belts (150-198cm circumference) were United States ($8.1M), Germany ($7.37M), Italy ($5.99M), France ($5.88M), and Poland ($4.53M).

Ranking Synchronous Rubber Belts (150-198cm circumference) ranks 896th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Synchronous Rubber Belts (150-198cm circumference). 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$16.8M
Top Destination (2022)United States$8.1M

In 2022 Synchronous Rubber Belts (150-198cm circumference) were the world's 4315th most traded product (out of 4,769).

In 2022, the top exporters of Synchronous Rubber Belts (150-198cm circumference) were Germany ($16.8M), Japan ($11.6M), United Kingdom ($9.83M), Italy ($8.49M), and China ($5.91M).

In 2022, the top importers of Synchronous Rubber Belts (150-198cm circumference) were United States ($8.1M), Germany ($7.37M), Italy ($5.99M), France ($5.88M), and Poland ($4.53M).

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Exporters of Synchronous Rubber Belts (150-198cm circumference) (2022)
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Importers of Synchronous Rubber Belts (150-198cm circumference) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$2.16M
Top Destination Growth (2021 -  2022)United States$1.68M

Between 2021 and 2022, the exports of Synchronous Rubber Belts (150-198cm circumference) grew the fastest in Italy ($2.16M), Spain ($881k), Japan ($419k), Lithuania ($336k), and France ($166k).

Between 2021 and 2022, the fastest growing importers of Synchronous Rubber Belts (150-198cm circumference) were United States ($1.68M), Italy ($1.4M), United Kingdom ($750k), Singapore ($642k), and Turkey ($573k).

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Exporters of Synchronous Rubber Belts (150-198cm circumference) (2021 - 2022)

Importers of Synchronous Rubber Belts (150-198cm circumference) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synchronous Rubber Belts (150-198cm circumference).

In 2022, market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Synchronous Rubber Belts (150-198cm circumference) are explained by 13 countries.

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Value of Exports in Synchronous Rubber Belts (150-198cm circumference)

Net Trade

TOP NET EXPORTER (2022)Japan$11.5M
TOP NET IMPORTER (2022)France$4.61M

This map shows which countries export or import more of Synchronous Rubber Belts (150-198cm circumference). Each country is colored based on the difference in exports and imports of Synchronous Rubber Belts (150-198cm circumference) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Synchronous Rubber Belts (150-198cm circumference) were Japan ($11.5M), Germany ($9.44M), United Kingdom ($7.89M), Italy ($2.51M), and Spain ($2.43M).

In 2022, the countries that had a largest trade value in imports than in exports of Synchronous Rubber Belts (150-198cm circumference) were France ($4.61M), United States ($4.41M), Turkey ($2.02M), India ($1.88M), and Belgium ($1.47M).

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 Synchronous Rubber Belts (150-198cm circumference).
It is possible to select the main countries that export or import Synchronous Rubber Belts (150-198cm circumference) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Synchronous Rubber Belts (150-198cm circumference) 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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