# India HS 401032 exports | Yugalinks

Explore reported HS 401032 exports from India: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | India |
| HS6 | 401032 |
| Latest exports | $11.6M |
| Active destinations | 145 |
| Three-year growth | +16.4% |
| Destination HHI | 617 |
| Weighted share | 12.5% |

## Destination markets

- Germany: $1.3M; share 4.8%; growth +2.6%
- USA, Puerto Rico and US Virgin Islands: $1.2M; share 2.5%; growth +606.5%
- Canada: $821.2K; share 2.6%; growth +5.7%
- Italy: $437.0K; share 3.1%; growth +52.1%
- France: $300.8K; share 2.2%; growth +13.7%
- China: $296.9K; share 1.9%; growth +26.4%
- Russia: $240.1K; share 2.4%; growth -23.7%

## Price intelligence

- Highest reported market price: Ecuador at $4.7M / ton.
- Lowest reported market price: Liberia at $291.9 / ton.
- Median reported price: $16.8K / ton.
- Price spread: 27,912.9%.

## Export history

- 2010: $5.0M
- 2011: $5.5M
- 2012: $5.9M
- 2013: $6.7M
- 2014: $5.4M
- 2015: $2.5M
- 2016: $3.3M
- 2017: $4.4M
- 2018: $4.6M
- 2019: $8.1M
- 2020: $5.7M
- 2021: $7.3M
- 2022: $7.4M
- 2023: $6.9M
- 2024: $11.5M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/ind/401032",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401032",
    "exporter": "https://www.yugalinks.com/trade/exporter/ind/401032",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "401032",
    "exporter_iso3": "IND",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 175,
    "current_lane_count": 145,
    "active_market_count": 145,
    "exports_latest_observed_lanes_usd": 11598971.623430232,
    "exports_current_2024_usd": 11495600.84236443,
    "exports_avg_3y_usd": 8592946.781501442,
    "exports_avg_5y_usd": 7756438.149284068,
    "exports_avg_10y_usd": 6165482.897692731,
    "exports_cagr_3y_pct": 16.359003311281217,
    "exports_cagr_5y_pct": 7.3532023946861536,
    "exports_cagr_10y_pct": 7.9415945934302234,
    "exports_all_year_lane_avg_usd": 4659672.635195181,
    "exports_historical_lane_peak_usd": 20622622.324837625,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 68.96551724137932,
    "trend_acceleration_pct": 8.417408717850993,
    "trend_label": "Rapid growth",
    "top_market_iso3": "SGP",
    "top_market_exports_usd": 1505864.5950570186,
    "top_market_share_pct": 12.982742297732086,
    "destination_hhi": 616.5336614775717,
    "weighted_share_latest_pct": 12.452939788740789,
    "weighted_share_change_1y_pp": 5.146547967359907,
    "weighted_volatility_cv": 1.4925678763248609,
    "weighted_max_drawdown_pct": 97.4277649921666,
    "limited_history_lane_share_pct": 16,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:58",
    "source": "api",
    "product": {
      "hs_code": 401032,
      "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm",
      "hs_chapter": 40,
      "hs_heading": 4010,
      "substitution_elasticity": -8.6941462,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm",
    "hs_chapter": 40,
    "hs_heading": 4010,
    "destinations": [
      {
        "hs_code": 401032,
        "corridor_rank": 30,
        "exporter_iso3": "IND",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 1310272.318609891,
        "exports_all_year_avg_usd": 456004.7838278733,
        "exports_avg_3y_usd": 1138466.7317541996,
        "exports_avg_5y_usd": 1208354.6808194914,
        "exports_avg_10y_usd": 784312.1357803289,
        "exports_cagr_3y_pct": 2.5677264215986817,
        "exports_cagr_5y_pct": -5.191567964360344,
        "exports_cagr_10y_pct": 13.20131739135153,
        "exports_historical_peak_usd": 1710514.4414192815,
        "buyer_imports_latest_observed_usd": 27054218.733400535,
        "historical_peak_year": 2019,
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        "trend_acceleration_pct": -10.633590969752849,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 15.6286,
        "buyer_yoy_all_avg_pct": 9.6066,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 4.843134934043605,
        "market_share_change_1y_pp": 0.8269742582638075,
        "peer_best_share_pct": 42.81333918683681,
        "peer_top_exporter": "ROU",
        "supplier_count_latest": 55,
        "buyer_market_hhi": 2280.03,
        "distance_km": 6229.63671875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.018971697826111113,
        "tariff_advantage_pp": 0.042308889512955236,
        "volatility_cv": 1.1300252676926712,
        "max_drawdown_pct": 100,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
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        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
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        "importer_iso3": "USA",
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        "exports_latest_observed_usd": 1222639.7730799762,
        "exports_all_year_avg_usd": 231972.84943165744,
        "exports_avg_3y_usd": 566570.4587230197,
        "exports_avg_5y_usd": 378560.00407652376,
        "exports_avg_10y_usd": 402497.01665803196,
        "exports_cagr_3y_pct": 606.5070576739538,
        "exports_cagr_5y_pct": -4.63413773910032,
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        "market_share_change_1y_pp": 1.8298242290274107,
        "peer_best_share_pct": 34.4606699766082,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 54,
        "buyer_market_hhi": 1840.54,
        "distance_km": 11761.806640625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.023682824094060608,
        "tariff_advantage_pp": 0.037034158968565656,
        "volatility_cv": 1.4983620625668335,
        "max_drawdown_pct": 99.86006084421905,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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        "importer_iso3": "CAN",
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        "exports_avg_5y_usd": 695255.4025260777,
        "exports_avg_10y_usd": 511159.99103864393,
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        "peer_best_share_pct": 59.05576534603022,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 69,
        "buyer_market_hhi": 3906.93,
        "distance_km": 11643.625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.05110891145858587,
        "tariff_advantage_pp": 0.027213948449090926,
        "volatility_cv": 1.3808628886175307,
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        "attention_level": "Watch",
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        "importer_iso3": "ITA",
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        "importer_iso3": "FRA",
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        "exports_latest_observed_usd": 300832.42379063996,
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        "exports_avg_3y_usd": 140438.9589657402,
        "exports_avg_5y_usd": 136243.81729465845,
        "exports_avg_10y_usd": 221828.94696186754,
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        "exports_cagr_5y_pct": 10.908170494201874,
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        "market_share_change_1y_pp": 1.7458358103957508,
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        "supplier_count_latest": 65,
        "buyer_market_hhi": 2181.03,
        "distance_km": 6594.22998046875,
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        "applied_tariff_pct": 0.019243141578797984,
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        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
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        "refreshed_at": "2026-07-20 09:30:25"
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        "exporter_iso3": "IND",
        "importer_iso3": "CHN",
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        "lane_data_years": 24,
        "exports_latest_observed_usd": 296877.342434005,
        "exports_all_year_avg_usd": 73646.40327891843,
        "exports_avg_3y_usd": 195797.92709114682,
        "exports_avg_5y_usd": 175957.40645234406,
        "exports_avg_10y_usd": 110911.2976319117,
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        "exports_cagr_5y_pct": 25.321229392024968,
        "exports_cagr_10y_pct": 29.612263806083085,
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        "buyer_market_hhi": 2814.13,
        "distance_km": 3785.01318359375,
        "has_reported_fta": 0,
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        "volatility_cv": 0.9594402084332536,
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        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 401032,
        "corridor_rank": 71,
        "exporter_iso3": "IND",
        "importer_iso3": "RUS",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 240065.142,
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        "exports_avg_3y_usd": 129016.76500374328,
        "exports_avg_5y_usd": 305489.4900831638,
        "exports_avg_10y_usd": 439357.2176803326,
        "exports_cagr_3y_pct": -23.68605586512921,
        "exports_cagr_5y_pct": -19.291980165506782,
        "exports_cagr_10y_pct": -0.7909243077145245,
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        "buyer_imports_latest_observed_usd": 10202514.850063933,
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        "trend_label": "Rapid decline",
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        "buyer_yoy_all_avg_pct": 10.3769,
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        "peer_top_exporter": "CHN",
        "supplier_count_latest": 14,
        "buyer_market_hhi": 5923.64,
        "distance_km": 4341.88134765625,
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        "volatility_cv": 0.9835273195264438,
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        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "IND",
      "hs_code": 401032,
      "num_markets": 159,
      "highest_price_importer_iso3": "ECU",
      "highest_price_usd_per_ton": 4680742.857142856,
      "lowest_price_importer_iso3": "LBR",
      "lowest_price_usd_per_ton": 291.9254658385093,
      "median_price_across_markets": 16768.0412371134,
      "price_spread_pct": 27912.925937452863,
      "avg_quantity_metric_tons": 6.172199044585986,
      "total_trade_value_usd": 42008252
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 4964513.4747664165,
        "active_destinations": 94,
        "yoy_growth_pct": 20.618571701251707
      },
      {
        "year": 2011,
        "export_value_usd": 5514126.596679102,
        "active_destinations": 103,
        "yoy_growth_pct": 11.070835535168829
      },
      {
        "year": 2012,
        "export_value_usd": 5864349.831034835,
        "active_destinations": 101,
        "yoy_growth_pct": 6.351381822946478
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      {
        "year": 2013,
        "export_value_usd": 6708994.7026781915,
        "active_destinations": 101,
        "yoy_growth_pct": 14.403043747039018
      },
      {
        "year": 2014,
        "export_value_usd": 5353568.704992084,
        "active_destinations": 112,
        "yoy_growth_pct": -20.20311623058861
      },
      {
        "year": 2015,
        "export_value_usd": 2485318.874442361,
        "active_destinations": 103,
        "yoy_growth_pct": -53.57640834748499
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      {
        "year": 2016,
        "export_value_usd": 3321561.3467369564,
        "active_destinations": 112,
        "yoy_growth_pct": 33.647290932928115
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      {
        "year": 2017,
        "export_value_usd": 4439274.2856241185,
        "active_destinations": 123,
        "yoy_growth_pct": 33.65022717359063
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      "year": 2022,
      "export_value_usd": 7424073.919885844,
      "active_destinations": 142,
      "yoy_growth_pct": 1.7444174731625646
    },
    {
      "year": 2023,
      "export_value_usd": 6859165.582254067,
      "active_destinations": 147,
      "yoy_growth_pct": -7.609142146586591
    },
    {
      "year": 2024,
      "export_value_usd": 11495600.842364427,
      "active_destinations": 145,
      "yoy_growth_pct": 67.59474172931
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "IND",
    "exports_usd": 434173960378.9284,
    "imports_usd": 655633798252.7068,
    "trade_balance_usd": -221459837873.77838,
    "yoy_exports_growth_pct": -0.4597647673187044,
    "yoy_imports_growth_pct": 3.141857930370473,
    "exports_cagr_3y_pct": 3.047988495812537,
    "imports_cagr_3y_pct": 5.610533611541824,
    "export_partner_hhi": 534.4833947020102,
    "export_product_hhi": 182.66834548021453,
    "momentum_score": 0.592561211620668,
    "risk_score": 3.585758700911123,
    "gdp_million_usd": 3909891.5338580837,
    "gdp_per_capita_usd": 2694.737808599611,
    "population": 1450935791,
    "labor_force": 525944.31,
    "investment_rate_pct": 35.67,
    "savings_rate_pct": 30.91,
    "secondary_education_pct": 63.75,
    "tertiary_education_pct": 12.09,
    "total_factor_productivity": 427.46,
    "trade_openness_pct": 24.889166772254217,
    "exports_gdp_pct": 9.915719559208833,
    "num_active_partners": 270,
    "num_fta_partners": 23,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 7,
    "num_shared_language_partners": 78,
    "avg_partner_distance_km": 7858.9876543209875,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 8.518518518518519,
    "pct_partners_shared_language": 28.888888888888886,
    "pct_partners_shared_border": 2.5925925925925926,
    "avg_applied_tariff_pct": 0.1297573295202524,
    "avg_mfn_tariff_pct": 0.13459077035606443,
    "avg_preferential_tariff_pct": 0.05939930331831677,
    "tariff_advantage_pp": 0.07519146703774765,
    "avg_distance_all_partners_km": 7969.760429150705,
    "num_border_partners": 186,
    "num_colonial_partners": 30,
    "avg_substitution_elasticity": -10.894661745572911,
    "pct_products_high_elasticity": 75.95260223048327,
    "pct_products_low_elasticity": 2.6719330855018586,
    "real_market_potential": 262040.05532200352,
    "foreign_market_potential": 21532.526735863987
  }
}
```
