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2022
Exports $793MWorld Rnk 1 / 155
Flag Rnk 491 / 1216
2022
Destination $18.8M United States
2021 - 2022
FASTEST GROWING MARKET $18.8MIndia
2022
PRODUCT COMPLEXITY IN Stone Working Machines1.13Rnk 125 / 1025
2022
Imports $248MWorld Rnk 2 / 213
Flag Rnk 477 / 1212
2022
Origin $9.7M Japan
2021 - 2022
FASTEST GROWING ORIGIN $9.7MGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $793M in Stone Working Machines, making it the 1st largest exporter of Stone Working Machines in the world. At the same year, Stone Working Machines was the 491st most exported product in China. The main destination of Stone Working Machines exports from China are: United States ($101M), India ($92M), Vietnam ($64M), Russia ($32.8M), and Turkey ($32.7M).

The fastest growing export markets for Stone Working Machines of China between 2021 and 2022 were India ($18.8M), Vietnam ($17.6M), and Saudi Arabia ($16M).

Imports In 2022, China imported $248M in Stone Working Machines, becoming the 2nd largest importer of Stone Working Machines in the world. At the same year, Stone Working Machines was the 477th most imported product in China. China imports Stone Working Machines primarily from: Japan ($98.8M), Germany ($47M), South Korea ($44.6M), Italy ($15.4M), and Switzerland ($11.5M).

The fastest growing import markets in Stone Working Machines for China between 2021 and 2022 were Germany ($9.7M), Switzerland ($7.96M), and China ($1.31M).

COMPANIES In 2023, leading companies such as CrimsonLogic (14), Stanley Black & Decker (8), and Hongkong Xin Jie Technology (4) were at the forefront of shipping Stone Working Machines from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Stone Working Machines exports accounted up to $56.5M and imports accounted up to $19.2M, resulting in a positive trade balance of $37.3M. Between July 2023 and July 2024 the exports of China's   Stone Working Machines have increased by $6.62M (13.3%) from $49.9M to $56.5M, while imports increased by $3.49M (22.2%) from $15.7M to $19.2M.

Destinations In July 2024, Stone Working Machines were exported mostly to United States ($6.52M), Vietnam ($4.09M), Turkey ($3.97M), India ($3.78M), and Russia ($3.73M), and were imported mostly from Germany ($7.72M), Japan ($4.03M), Chinese Taipei ($3.49M), United States ($1.76M), and South Korea ($1.05M).

Growth In July 2024, the increase in Stone Working Machines's year-by-year exports was explained primarily by an increase in exports to India ($4.49M or 52.2%), Saudi Arabia ($4.05M or 154%), and Iran ($1.69M or 220%). In July 2024, the increase in Stone Working Machines's year-by-year imports was explained primarily by an increase in imports from Switzerland ($456k or 38.9%), Slovenia ($167k or 417%), and France ($44.5k or 737%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$6.62M(13.3%)
IMPORT GROWTH (July 2023 - July 2024)$3.49M(22.2%)
MAIN EXPORTER (July 2024)Guangdong Province$24.8M
MAIN DESTINATION (July 2024)United States$6.52M

This section shows Stone Working Machines's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Stone Working Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$793M
IMPORTS (2022)$248M
NET TRADE (2022)$545M

In 2022, China exported $793M in Stone Working Machines. The main destinations of China exports on Stone Working Machines were United States ($101M), India ($92M), Vietnam ($64M), Russia ($32.8M), and Turkey ($32.7M).

In 2022, China imported $248M in Stone Working Machines, mainly from Japan ($98.8M), Germany ($47M), South Korea ($44.6M), Italy ($15.4M), and Switzerland ($11.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Working Machines EXPORT MARKETS FOR China WERE (2021 - 2022):
India$18.8M (25.7%)
Vietnam$17.6M (37.8%)
Saudi Arabia$16M (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Working Machines BY China WERE (2021 - 2022):
United States-$14M (-12.2%)
Nigeria-$11.4M (-63%)
Poland-$3.94M (-25.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Stone Working Machines were:
Italy $764M
Germany $191M
In 2022, China's main importing competitors in Stone Working Machines were:
United States $418M
India $154M

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Trade Value of Stone Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $26.5M
TOP IMPORT POTENTIALItaly+ $8.87M

Stone Working Machines’s highest export potential is India. With an export gap of $26.5M.   Stone Working Machines’s highest import potential is Italy with an import gap of $8.87M.

See methodology.

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