Granite in China 2020 Exports | Imports : $69.8M | $626M, World Rnk 4 / 141 Rnk 871 / 1215 | World Rnk 1 / 190 Rnk 287 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $8.7M | $41.3M, Nigeria | India
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Granite: -1.5, Rnk 951 / 1029
Exports In 2020, China exported $69.8M in Granite, making it the 4th largest exporter of Granite in the world. At the same year, Granite was the 871st most exported product in China. The main destination of Granite exports from China are: Chinese Taipei ($14.3M), Nigeria ($13.9M), United Kingdom ($6.44M), Thailand ($5.61M), and Vietnam ($4.86M).
The fastest growing export markets for Granite of China between 2019 and 2020 were Nigeria ($8.7M), Vietnam ($4.28M), and Thailand ($1.47M).
Imports In 2020, China imported $626M in Granite, becoming the 1st largest importer of Granite in the world. At the same year, Granite was the 287th most imported product in China. China imports Granite primarily from: India ($427M), Norway ($51M), Brazil ($42.5M), Angola ($24.2M), and South Africa ($10.2M).
The fastest growing import markets in Granite for China between 2019 and 2020 were India ($41.3M), Angola ($13.3M), and Brazil ($8.94M).
Tariffs In 2018, the average tariff for China in Granite was 2.63%. The countries with the highest import tariffs for Granite were Burkina Faso (Most Favoured Nation duty rate treatement, 3.4%), Botswana (Most Favoured Nation duty rate treatement, 3.4%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 3.4%), Cameroon (Most Favoured Nation duty rate treatement, 3.4%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 3.4%).
December 2022
Overview In December 2022 China's Granite exports accounted up to $1.87M and imports accounted up to $49.2M, resulting in a negative trade balance of $47.3M. Between December 2021 and December 2022 the exports of China's Granite have decreased by $-160k (-7.89%) from $2.03M to $1.87M, while imports decreased by $-53.6M (-52.1%) from $103M to $49.2M.
Destinations In December 2022, Granite were exported mostly to Taiwan ($663k), Australia ($309k), South Korea ($185k), Italy ($158k), and Pakistan ($106k), and were imported mostly from India ($25.4M), Brazil ($7.56M), Portugal ($3.48M), Angola ($2.64M), and Norway ($1.93M).
Growth In December 2022, the decrease in Granite's year-by-year exports was explained primarily by a decrease in exports to Italy ($-153k or -85.6%), Hong Kong ($-82.2k or -100%), and Germany ($-47.1k or -83.8%). In December 2022, the decrease in Granite's year-by-year imports was explained primarily by a decrease in imports from India ($-6.14M or -8.35%), Angola ($-1.96M or -51.5%), and Portugal ($-1.23M or -22.2%).
EXPORT GROWTH (December 2021 - December 2022): $-160k, (-7.89%)
IMPORT GROWTH (December 2021 - December 2022): $-53.6M, (-52.1%)
MAIN EXPORTER (December 2022): Zhejiang Province, $655k
MAIN DESTINATION (December 2022): Taiwan, $663k
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.
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EXPORTS (2020): $69.8M
IMPORTS (2020): $626M
NET TRADE (2020): -$556M
In 2020, China exported $69.8M in Granite. The main destinations of China exports on Granite were Chinese Taipei ($14.3M), Nigeria ($13.9M), United Kingdom ($6.44M), Thailand ($5.61M), and Vietnam ($4.86M).
In 2020, China imported $626M in Granite, mainly from India ($427M), Norway ($51M), Brazil ($42.5M), Angola ($24.2M), and South Africa ($10.2M).
In 2020, China's main exporting competitors in Granite were:
In 2020, China's main importing competitors in Granite were:
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