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401024 (Harmonized System 1996 for 6-digit)

2023
World Trade $77.8MRnk 4280 / 4766
2023
Top Exporter | Top Importer $14.9M | $7.31MGermany | United States
2023
Product Complexity 0.88Rnk 1037 / 4780
2022 - 2023
Export Growth (CAGR) 4.37%Rnk 1127 / 4766
2023
Share of World Trade 0.00034%Rnk 4280 / 4766

About

Overview This page contains the latest trade data of Synchronous Rubber Belts (150-198cm circumference). In 2023, Synchronous Rubber Belts (150-198cm circumference) were the world's 4280th most traded product, with a total trade of $77.8M. Between 2022 and 2023 the exports of Synchronous Rubber Belts (150-198cm circumference) grew by 4.37%, from $74.5M to $77.8M. 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 2023 the top exporters of Synchronous Rubber Belts (150-198cm circumference)  were Germany ($14.9M), United Kingdom ($11.2M), Italy ($8.72M), Japan ($8.21M), and China ($5.23M).

Imports In 2023 the top importers of Synchronous Rubber Belts (150-198cm circumference) were United States ($7.31M), Germany ($6.81M), Italy ($5.87M), Poland ($4.36M), and Belgium ($4.3M).

Ranking Synchronous Rubber Belts (150-198cm circumference) ranks 1037th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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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 (2023)Germany$14.9M
Top Destination (2023)United States$7.31M

In 2023 Synchronous Rubber Belts (150-198cm circumference) were the world's 4280th most traded product (out of 4,766).

In 2023, the top exporters of Synchronous Rubber Belts (150-198cm circumference) were Germany ($14.9M), United Kingdom ($11.2M), Italy ($8.72M), Japan ($8.21M), and China ($5.23M).

In 2023, the top importers of Synchronous Rubber Belts (150-198cm circumference) were United States ($7.31M), Germany ($6.81M), Italy ($5.87M), Poland ($4.36M), and Belgium ($4.3M).

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Exporters of Synchronous Rubber Belts (150-198cm circumference) (2023)
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Importers of Synchronous Rubber Belts (150-198cm circumference) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$2.97M
Top Destination Growth (2022 -  2023)Italy$1.78M

Between 2022 and 2023, the exports of Synchronous Rubber Belts (150-198cm circumference) grew the fastest in Italy ($2.97M), United States ($1.04M), Thailand ($1.04M), Lithuania ($818k), and United Kingdom ($582k).

Between 2022 and 2023, the fastest growing importers of Synchronous Rubber Belts (150-198cm circumference) were Italy ($1.78M), Kazakhstan ($1.77M), United Kingdom ($1.41M), Germany ($1.16M), and Luxembourg ($928k).

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Exporters of Synchronous Rubber Belts (150-198cm circumference) (2022 - 2023)

Importers of Synchronous Rubber Belts (150-198cm circumference) (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Synchronous Rubber Belts (150-198cm circumference) are explained by 15 countries.

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

Net Trade

TOP NET EXPORTER (2023)Germany$8.11M
TOP NET IMPORTER (2023)Brazil$2.43M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Synchronous Rubber Belts (150-198cm circumference) were Germany ($8.11M), Japan ($8.07M), United Kingdom ($7.71M), Italy ($2.85M), and Spain ($2.65M).

In 2023, the countries that had a largest trade value in imports than in exports of Synchronous Rubber Belts (150-198cm circumference) were Brazil ($2.43M), Kazakhstan ($2.35M), United States ($2.33M), Poland ($2.02M), and Turkey ($1.84M).

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 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 (2023)

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