Increase in V-Belt Exports from Greece to the United States
Recent trade data shows a 12% increase in exports of endless transmission belts (V-belts, V-ribbed, HS Code: 4010.32) from Greece to the United States in Q3 2023, driven by demand in the automotive and industrial sectors.
2023-10-15
Impact: This surge strengthens Greece's position as a key supplier of industrial components to the U.S., potentially increasing bilateral trade volume in this category.
U.S. Importers Report Quality Assurance in Greek V-Belts
U.S. importers of V-ribbed belts (HS Code: 4010.32) from Greece have reported high compliance with quality standards, fostering trust and long-term contracts between the two nations.
2023-09-20
Impact: Positive feedback may encourage more U.S. companies to source V-belts from Greece, potentially boosting trade relations and volume.
Logistics Delays Impact V-Belt Shipments from Greece to U.S.
Shipping delays in the Mediterranean have temporarily affected the delivery of V-belts (HS Code: 4010.32) from Greece to the United States, causing minor disruptions in supply chains.
2023-08-05
Impact: Delays could lead to short-term supply shortages for U.S. manufacturers, potentially increasing costs and prompting importers to seek alternative suppliers.
