Stone Processing Machines in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $1.1B in Stone Processing Machines, making it the 5th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 239th most exported product in United States. The main destination of Stone Processing Machines exports from United States are: Canada ($393M), Mexico ($120M), Chile ($47M), Australia ($41.4M), and United Kingdom ($36.1M).

The fastest growing export markets for Stone Processing Machines of United States between 2021 and 2022 were Canada ($33.4M), Chile ($14.9M), and Saudi Arabia ($14.4M).

Imports In 2022, United States imported $2.34B in Stone Processing Machines, becoming the 1st largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 216th most imported product in United States. United States imports Stone Processing Machines primarily from: United Kingdom ($430M), Germany ($292M), Canada ($281M), China ($255M), and Italy ($120M).

The fastest growing import markets in Stone Processing Machines for United States between 2021 and 2022 were United Kingdom ($116M), China ($68.5M), and Germany ($67.7M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (75.9k), LG ELECTRONICS U.S.A. INC. (56.8k), and IKEA SUPPLY AG (15.1k) were at the forefront of shipping Stone Processing Machines to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Stone Processing Machines exports accounted up to $75.9M and imports accounted up to $203M, resulting in a negative trade balance of $127M. Between January 2023 and January 2024 the exports of United States' Stone Processing Machines have decreased by $-10.6M (-12.3%) from $86.5M to $75.9M, while imports decreased by $-12.4M (-5.78%) from $215M to $203M.

Destinations In January 2024, Stone Processing Machines were exported mostly to Canada ($31M), Mexico ($7.94M), Chile ($4.27M), Indonesia ($4.14M), and Australia ($2.32M), and were imported mostly from United Kingdom ($45.5M), Germany ($32M), China ($17.1M), Canada ($16.4M), and India ($10.9M).

Growth In January 2024, the decrease in Stone Processing Machines's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia ($-3.5M or -73.9%), Egypt ($-2.25M or -99.3%), and Mexico ($-1.86M or -18.1%). In January 2024, the decrease in Stone Processing Machines's year-by-year imports was explained primarily by a decrease in imports from South Africa ($-1.8M or -61.5%), Brazil ($-1.68M or -41.1%), and Malaysia ($-852k or -24.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-10.6M(-12.3%)

IMPORT GROWTH (January 2023 - January 2024)$-12.4M(-5.78%)

MAIN EXPORTER (January 2024)Wisconsin$6.99M

MAIN DESTINATION (January 2024)Canada$31M

This section shows Stone Processing Machines's exports and imports data at subnational level for United States. 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 Processing Machines over time.

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