The value of exports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" from Korea totalled $ 59 million in 2022. Sales of commodity group 4010 from Korea went up by 15.7% compared to 2021: exports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" went up by $ 8.03 million (cumulative exports of commodity group 4010 from Korea amounted $50 million in 2021)
Exports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" amounted to 0.008% of total exports from Korea (cumulative merchandise exports from Korea totalled $ 683 billion in 2022). The share of commodity group 4010 in total exports from Korea decreased by 0 p.p. compared to 2021 (it was 0.007% in 2021 and cumulative exports from Korea were equal to $ 644 billion).
Exports of commodity group 4010 amounted to 0.779% of total sales of group "" from Korea in 2022 (the value of exports of commodity group from Korea amounted to $7.57 billion in 2022). The share of exports of commodity group 4010 in sales of commodity group from Korea increased by 0.16 p.p. compared to 2021 (it was 0.619% in 2021, and exports of commodity group from Korea were $8.23 billion).
Where does Korea export Conveyor or transmission belts or belting, of vulcanised rubber?
Top export destinations of "Conveyor or transmission belts or belting, of vulcanised rubber" from Korea in 2022:
- USA with a share of 15.2% (9.02 million US$)
- United Arab Emirates with a share of 15% (8.87 million US$)
- Russia with a share of 7.73% (4.56 million US$)
- India with a share of 6.66% (3.93 million US$)
- China with a share of 5.16% (3.05 million US$)
- Colombia with a share of 3.88% (2.29 million US$)
- Vietnam with a share of 3.88% (2.29 million US$)
- Saudi Arabia with a share of 2.67% (1.57 million US$)
- Japan with a share of 2.66% (1.57 million US$)
- Ecuador with a share of 2.5% (1.47 million US$)
Exports structure of 4010 - Conveyor or transmission belts or belting, of vulcanised rubber - from Korea in 2022 represented by the following main commodity groups:
- 25% (15 million US$): 401039 - Transmission belts/belting (excl. of 4010.31-4010.36), of vulcanised rubber, n.e.s.
- 22% (13.1 million US$): 401031 - Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference >60cm but not >180cm, of vulcanised rubber
- 14.2% (8.42 million US$): 401012 - Conveyor belts/belting, reinf. only with textile mats., of vulcanised rubber
- 13.6% (8.06 million US$): 401032 - Endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference >60cm but not >180cm, of vulcanised rubber
- 7.28% (4.29 million US$): 401033 - Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference >180cm but not >240cm, of vulcanised rubber
- 5.13% (3.03 million US$): 401035 - Endless synchronous belts, of an outside circumference >60 cm but not >150 cm, of vulcanised rubber
- 4.32% (2.55 million US$): 401019 - Rubber; vulcanised, conveyor belts or belting, (reinforced with other than metal only or textile materials only)
- 3.88% (2.29 million US$): 401011 - Conveyor belts/belting, reinf. only with metal, of vulcanised rubber
- 2.97% (1.75 million US$): 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
- 0.724% (427 thousand 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 Korea totalled $ 114 million in 2022. Sales of commodity group 4010 to Korea went up by 1.35% compared to 2021: imports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" went up by $ 1.52 million (the value of imports of commodity group 4010 to Korea was equal to $113 million in 2021)
Imports of commodity group 4010 "Conveyor or transmission belts or belting, of vulcanised rubber" accounted for 0.015% of total import flow to Korea (in 2022, total imports to Korea amounted to $ 731 billion). The share of commodity group 4010 in total imports to Korea decreased by 0.002 p.p. compared to 2021 (it was 0.018% in 2021 and cumulative imports to Korea were equal to $ 615 billion).
Imports of commodity group 4010 reached 3.58% of total imports of group "" to Korea in 2022 (imports of commodity group to Korea totalled $3.19 billion in 2022). The share of purchases of commodity group 4010 in total imports of commodity group to Korea increased by 0.132 p.p. compared to 2021 (it was 3.45% in 2021, and imports of commodity group to Korea accounted for $3.27 billion).
Where does Korea import Conveyor or transmission belts or belting, of vulcanised rubber from?
Top trading partners (import of "Conveyor or transmission belts or belting, of vulcanised rubber") of Korea in 2022:
- China with a share of 42% (48 million US$)
- Vietnam with a share of 19.7% (22 million US$)
- Japan with a share of 14.2% (16.2 million US$)
- Germany with a share of 4.16% (4.77 million US$)
- Romania with a share of 3.5% (4.01 million US$)
- United Kingdom with a share of 2.13% (2.44 million US$)
- USA with a share of 2.08% (2.38 million US$)
- Thailand with a share of 2.07% (2.38 million US$)
- Indonesia with a share of 1.44% (1.65 million US$)
- Poland with a share of 1.44% (1.65 million US$)
Imports structure of 4010 - Conveyor or transmission belts or belting, of vulcanised rubber - to Korea in 2022 represented by the following main commodity groups:
- 34% (39 million US$): 401012 - Conveyor belts/belting, reinf. only with textile mats., of vulcanised rubber
- 24% (28 million US$): 401039 - Transmission belts/belting (excl. of 4010.31-4010.36), of vulcanised rubber, n.e.s.
- 11.4% (13.1 million US$): 401031 - Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference >60cm but not >180cm, of vulcanised rubber
- 8.33% (9.54 million US$): 401011 - Conveyor belts/belting, reinf. only with metal, of vulcanised rubber
- 7.08% (8.11 million US$): 401035 - Endless synchronous belts, of an outside circumference >60 cm but not >150 cm, of vulcanised rubber
- 6.6% (7.56 million US$): 401033 - Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference >180cm but not >240cm, of vulcanised rubber
- 4.02% (4.61 million US$): 401019 - Rubber; vulcanised, conveyor belts or belting, (reinforced with other than metal only or textile materials only)
- 1.7% (1.95 million US$): 401032 - Endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference >60cm but not >180cm, of vulcanised rubber
- 1.31% (1.5 million US$): 401036 - Endless synchronous belts, of an outside circumference >150cm but not >198cm, of vulcanised rubber
- 0.608% (696 thousand 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