HS Icon Granite in  Flag India

2019
Exports | Imports
: $718M | $25M, World Rnk 1 / 149
Flag Rnk 86 / 1213 | World Rnk 13 / 199
Flag Rnk 688 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $7.7M | $1.24M, Bangladesh |  Brazil

2019
ECONOMIC COMPLEXITY of India
: 0.57, Rnk 45 / 147

2019
PRODUCT COMPLEXITY  IN Granite
: -1.62, Rnk 968 / 1029

Exports: In 2019, India exported $718M in Granite, making it the 1st largest exporter of Granite in the world. At the same year, Granite was the 86th most exported product in India. The main destination of Granite exports from India are: China ($386M), United Kingdom ($115M), Bangladesh ($34.6M), United States ($21.9M), and Chinese Taipei ($20M).

The fastest growing export markets for Granite of India between 2018 and 2019 were Bangladesh ($7.7M), Algeria ($2.63M), and Poland ($1.32M).

Imports: In 2019, India imported $25M in Granite, becoming the 13th largest importer of Granite in the world. At the same year, Granite was the 688th most imported product in India. India imports Granite primarily from: Norway ($13.3M), Brazil ($2.84M), South Africa ($1.71M), Ukraine ($1.1M), and Angola ($993k).

The fastest growing import markets in Granite for India between 2018 and 2019 were Brazil ($1.24M), Israel ($916k), and Oman ($505k).

Tariffs: In 2018, the average tariff for India in Granite was 8.18%. The countries with the highest import tariffs for Granite were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).

Historical Data

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Value

EXPORTS (2019): $718M

IMPORTS (2019): $25M

NET TRADE (2019): $693M

In 2019, India exported $718M in Granite. The main destinations of India exports on Granite were China ($386M), United Kingdom ($115M), Bangladesh ($34.6M), United States ($21.9M), and Chinese Taipei ($20M).

In 2019, India imported $25M in Granite, mainly from Norway ($13.3M), Brazil ($2.84M), South Africa ($1.71M), Ukraine ($1.1M), and Angola ($993k).

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IN 2019, India HAD A POSITIVE NET TRADE IN Granite WITH:

IN 2019, India HAD A NEGATIVE NET TRADE IN Granite WITH:

Flow

THE FASTEST GROWING Granite EXPORT MARKETS FOR India WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY India WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, India's main exporting competitors in Granite were:

In 2018, India's main importing competitors in Granite were:

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Tariffs by Country

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In 2018, the average tariff for India in Granite was 8.18%.

The countries with the highest tariffs for Granite in India were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).