The value of exports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" from China totalled $ 1.52 billion in 2023. Sales of commodity group 4010 from China went up by 5.46% compared to 2022: exports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" went up by $ 79 million (cumulative exports of commodity group 4010 from China amounted $1.44 billion in 2022)
Exports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" amounted to 0.045% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 4010 in total exports from China increased by 0.004 p.p. compared to 2022 (it was 0.04% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).
Exports of commodity group 4010 amounted to 4.53% of total sales of group "" from China in 2023 (the value of exports of commodity group from China amounted to $33 billion in 2023). The share of exports of commodity group 4010 in sales of commodity group from China lowered by 0.062 p.p. compared to 2022 (it was 4.6% in 2022, and exports of commodity group from China were $31 billion).
Where does China export Conveyor or transmission belts or belting, of vulcanised rubber?
Top export destinations of "Conveyor or transmission belts or belting, of vulcanised rubber" from China in 2023:
- USA with a share of 11.1% (170 million US$)
- Russia with a share of 7.43% (113 million US$)
- Australia with a share of 7.18% (109 million US$)
- Brazil with a share of 5.05% (77 million US$)
- Indonesia with a share of 3.69% (56 million US$)
- Korea with a share of 3.62% (55 million US$)
- Germany with a share of 2.68% (41 million US$)
- Vietnam with a share of 2.65% (40 million US$)
- United Arab Emirates with a share of 2.63% (40 million US$)
- Malaysia with a share of 2.61% (39 million US$)
Exports structure of 4010 - Conveyor or transmission belts or belting, of vulcanised rubber - from China in 2023 represented by the following main commodity groups:
- 43% (663 million US$): 401012 - Conveyor belts/belting, reinf. only with textile mats., of vulcanised rubber
- 18.3% (280 million US$): 401011 - Conveyor belts/belting, reinf. only with metal, of vulcanised rubber
- 16.5% (252 million US$): 401039 - Transmission belts/belting (excl. of 4010.31-4010.36), of vulcanised rubber, n.e.s.
- 7.09% (108 million US$): 401031 - Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference >60cm but not >180cm, of vulcanised rubber
- 4.53% (69 million US$): 401035 - Endless synchronous belts, of an outside circumference >60 cm but not >150 cm, of vulcanised rubber
- 4.19% (63 million US$): 401019 - Rubber; vulcanised, conveyor belts or belting, (reinforced with other than metal only or textile materials only)
- 3.29% (50 million US$): 401032 - Endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference >60cm but not >180cm, of vulcanised rubber
- 1.6% (24 million US$): 401033 - Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference >180cm but not >240cm, of vulcanised rubber
- 0.645% (9.84 million US$): 401034 - Endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference >180cm but not >240cm, of vulcanised rubber
- 0.298% (4.56 million US$): 401036 - Endless synchronous belts, of an outside circumference >150cm but not >198cm, of vulcanised rubber
The value of imports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" to China totalled $ 201 million in 2023. Sales of commodity group 4010 to China decreased by 15% in value terms compared to 2022. imports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" decreased by $ 35 million (the value of imports of commodity group 4010 to China was equal to $237 million in 2022)
Imports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" accounted for 0.007% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 4010 in total imports to China decreased by 0 p.p. compared to 2022 (it was 0.008% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).
Imports of commodity group 4010 reached 1.21% of total imports of group "" to China in 2023 (imports of commodity group to China totalled $16.5 billion in 2023). The share of purchases of commodity group 4010 in imports of commodity group to China went down by 0.063 p.p. compared to 2022 (it was 1.27% in 2022, and imports of commodity group to China accounted for $18.5 billion).
Where does China import Conveyor or transmission belts or belting, of vulcanised rubber from?
Top trading partners (import of "Conveyor or transmission belts or belting, of vulcanised rubber") of China in 2023:
- Japan with a share of 30% (60 million US$)
- Germany with a share of 16.1% (32 million US$)
- USA with a share of 7.66% (15.4 million US$)
- Thailand with a share of 6.65% (13.4 million US$)
- United Kingdom with a share of 5.32% (10.7 million US$)
- Switzerland with a share of 5.28% (10.6 million US$)
- Indonesia with a share of 4.22% (8.5 million US$)
- China with a share of 3.5% (7.06 million US$)
- Spain with a share of 2.74% (5.52 million US$)
- Other Asia, nes with a share of 2.32% (4.68 million US$)
Imports structure of 4010 - Conveyor or transmission belts or belting, of vulcanised rubber - to China in 2023 represented by the following main commodity groups:
- 54% (109 million US$): 401039 - Transmission belts/belting (excl. of 4010.31-4010.36), of vulcanised rubber, n.e.s.
- 9.55% (19.2 million US$): 401035 - Endless synchronous belts, of an outside circumference >60 cm but not >150 cm, of vulcanised rubber
- 9.34% (18.8 million US$): 401031 - Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference >60cm but not >180cm, of vulcanised rubber
- 6.26% (12.6 million US$): 401012 - Conveyor belts/belting, reinf. only with textile mats., of vulcanised rubber
- 5.12% (10.3 million US$): 401011 - Conveyor belts/belting, reinf. only with metal, of vulcanised rubber
- 4.7% (9.48 million US$): 401032 - Endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference >60cm but not >180cm, of vulcanised rubber
- 4.09% (8.23 million US$): 401019 - Rubber; vulcanised, conveyor belts or belting, (reinforced with other than metal only or textile materials only)
- 2.38% (4.8 million US$): 401033 - Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference >180cm but not >240cm, of vulcanised rubber
- 2.03% (4.09 million US$): 401036 - Endless synchronous belts, of an outside circumference >150cm but not >198cm, of vulcanised rubber
- 1.94% (3.91 million US$): 401034 - Endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference >180cm but not >240cm, of vulcanised rubber