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401022 (Harmonized System 1996 for 6-digit)

2023
World Trade $289MRnk 3459 / 4766
2023
Top Exporter | Top Importer $50.5M | $56.3MGermany | United States
2023
Product Complexity 0.66Rnk 1394 / 4780
2022 - 2023
Export Growth (CAGR) -7.35%Rnk 2459 / 4766
2023
Share of World Trade 0.0013%Rnk 3459 / 4766

About

Overview This page contains the latest trade data of V-Shaped Rubber Transmission Belts (180-240cm circumference). In 2023, V-Shaped Rubber Transmission Belts (180-240cm circumference) were the world's 3459th most traded product, with a total trade of $289M. Between 2022 and 2023 the exports of V-Shaped Rubber Transmission Belts (180-240cm circumference) decreased by -7.35%, from $312M to $289M. Trade in V-Shaped Rubber Transmission Belts (180-240cm circumference) represent 0.0013% of total world trade.

V-Shaped Rubber Transmission Belts (180-240cm circumference) are a part of Conveyor or transmission belts or belting, of vulcanised rubber.

Exports In 2023 the top exporters of V-Shaped Rubber Transmission Belts (180-240cm circumference)  were Germany ($50.5M), China ($38.4M), Mexico ($32.8M), United States ($19.8M), and Romania ($19.8M).

Imports In 2023 the top importers of V-Shaped Rubber Transmission Belts (180-240cm circumference) were United States ($56.3M), Germany ($27.7M), Canada ($12.4M), Turkey ($11.8M), and Mexico ($11M).

Ranking V-Shaped Rubber Transmission Belts (180-240cm circumference) ranks 1394th 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 V-Shaped Rubber Transmission Belts (180-240cm 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$50.5M
Top Destination (2023)United States$56.3M

In 2023 V-Shaped Rubber Transmission Belts (180-240cm circumference) were the world's 3459th most traded product (out of 4,766).

In 2023, the top exporters of V-Shaped Rubber Transmission Belts (180-240cm circumference) were Germany ($50.5M), China ($38.4M), Mexico ($32.8M), United States ($19.8M), and Romania ($19.8M).

In 2023, the top importers of V-Shaped Rubber Transmission Belts (180-240cm circumference) were United States ($56.3M), Germany ($27.7M), Canada ($12.4M), Turkey ($11.8M), and Mexico ($11M).

Explore Visualizations

Exporters of V-Shaped Rubber Transmission Belts (180-240cm circumference) (2023)
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Importers of V-Shaped Rubber Transmission Belts (180-240cm circumference) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$1.89M
Top Destination Growth (2022 -  2023)Mexico$1.9M

Between 2022 and 2023, the exports of V-Shaped Rubber Transmission Belts (180-240cm circumference) grew the fastest in Germany ($1.89M), Italy ($1.04M), Mexico ($935k), Austria ($786k), and Argentina ($726k).

Between 2022 and 2023, the fastest growing importers of V-Shaped Rubber Transmission Belts (180-240cm circumference) were Mexico ($1.9M), South Korea ($1.77M), Austria ($1.11M), United States ($854k), and Kazakhstan ($852k).

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Exporters of V-Shaped Rubber Transmission Belts (180-240cm circumference) (2022 - 2023)

Importers of V-Shaped Rubber Transmission Belts (180-240cm circumference) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of V-Shaped Rubber Transmission Belts (180-240cm circumference).

In 2023, market concentration measured using Shannon Entropy, was 4.15. This means that most of the exports of V-Shaped Rubber Transmission Belts (180-240cm circumference) are explained by 17 countries.

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Value of Exports in V-Shaped Rubber Transmission Belts (180-240cm circumference)

Net Trade

TOP NET EXPORTER (2023)China$30.9M
TOP NET IMPORTER (2023)United States$36.5M

This map shows which countries export or import more of V-Shaped Rubber Transmission Belts (180-240cm circumference). Each country is colored based on the difference in exports and imports of V-Shaped Rubber Transmission Belts (180-240cm circumference) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of V-Shaped Rubber Transmission Belts (180-240cm circumference) were China ($30.9M), Germany ($22.8M), Mexico ($21.8M), Romania ($17.9M), and Thailand ($12.4M).

In 2023, the countries that had a largest trade value in imports than in exports of V-Shaped Rubber Transmission Belts (180-240cm circumference) were United States ($36.5M), Canada ($12M), Turkey ($10.3M), South Korea ($7.54M), and Brazil ($6.75M).

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 V-Shaped Rubber Transmission Belts (180-240cm circumference).
It is possible to select the main countries that export or import V-Shaped Rubber Transmission Belts (180-240cm circumference) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of V-Shaped Rubber Transmission Belts (180-240cm 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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