Granite in China | The Observatory of Economic Complexity

About

Exports In 2023, China exported $77.2M in Granite, making it the 4th largest exporter of Granite in the world. At the same year, Granite was the 898th most exported product in China. The main destination of Granite exports from China are: Chinese Taipei ($33.8M), United Kingdom ($11.3M), Thailand ($3.62M), Saudi Arabia ($3.51M), and South Korea ($3.11M).

The fastest growing export markets for Granite of China between 2022 and 2023 were Chinese Taipei ($21.2M), Macau ($1.79M), and Saudi Arabia ($1.73M).

Imports In 2023, China imported $822M in Granite, becoming the 1st largest importer of Granite in the world. At the same year, Granite was the 247th most imported product in China. China imports Granite primarily from: India ($457M), Brazil ($100M), Norway ($47.2M), Angola ($44.9M), and Cambodia ($40.9M).

The fastest growing import markets in Granite for China between 2022 and 2023 were Cambodia ($32.9M), Zimbabwe ($9.43M), and Madagascar ($4.32M).

COMPANIES In 2024, leading companies such as Amazon (33), CrimsonLogic (28), and Signify Lighting (4) were at the forefront of shipping Granite from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Granite exports accounted up to $435k and imports accounted up to $78.5M, resulting in a negative trade balance of $78.1M. Between December 2023 and December 2024 the exports of China's Granite have decreased by $-1.51M (-77.6%) from $1.94M to $435k, while imports increased by $16.3M (26.3%) from $62.2M to $78.5M.

Destinations In December 2024, Granite were exported mostly to Chinese Taipei ($89.2k), South Korea ($71.1k), Australia ($66.4k), Germany ($42.4k), and Nigeria ($27.4k), and were imported mostly from India ($34.1M), Brazil ($15.1M), Cambodia ($8.33M), Angola ($6.76M), and Portugal ($2.28M).

Growth In December 2024, the decrease in Granite's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-453k or -92%), Nigeria ($-260k or -86.8%), and Chinese Taipei ($-165k or -25.3%). In December 2024, the increase in Granite's year-by-year imports was explained primarily by an increase in imports from Brazil ($7.43M or 120%), India ($6.67M or 22.8%), and Cambodia ($6.15M or 634%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)$-1.51M(-77.6%)

IMPORT GROWTH (December 2023 - December 2024)$16.3M(26.3%)

MAIN EXPORTER (December 2024)Guangdong Province$1.3M

MAIN DESTINATION (December 2024)Chinese Taipei$89.2k

This section shows Granite'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 Granite over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$77.2M

IMPORTS (2023)$822M

NET TRADE (2023)-$744M

In 2023, China exported $77.2M in Granite. The main destinations of China exports on Granite were Chinese Taipei ($33.8M), United Kingdom ($11.3M), Thailand ($3.62M), Saudi Arabia ($3.51M), and South Korea ($3.11M).

In 2023, China imported $822M in Granite, mainly from India ($457M), Brazil ($100M), Norway ($47.2M), Angola ($44.9M), and Cambodia ($40.9M).

Explore Visualizations