2022
Exports
$718MWorld Rnk 1 / 152
Flag Rnk 120 / 1212
2022
PRODUCT COMPLEXITY IN Granite
-1.39Rnk 929 / 1025
2022
Imports
$21.7MWorld Rnk 18 / 197
Flag Rnk 748 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $718M in Granite, making it the 1st largest exporter of Granite in the world. At the same year, Granite was the 120th most exported product in India. The main destination of Granite exports from India are: China ($405M), United Kingdom ($50.3M), Bangladesh ($37.7M), Maldives ($35.1M), and Chinese Taipei ($32.7M).

The fastest growing export markets for Granite of India between 2021 and 2022 were Maldives ($8.17M), Italy ($7.92M), and Bosnia and Herzegovina ($2.47M).

Imports In 2022, India imported $21.7M in Granite, becoming the 18th largest importer of Granite in the world. At the same year, Granite was the 748th most imported product in India. India imports Granite primarily from: Norway ($12.2M), Brazil ($3.44M), South Africa ($2.23M), Sri Lanka ($563k), and Ukraine ($413k).

The fastest growing import markets in Granite for India between 2021 and 2022 were Norway ($5.33M), Brazil ($928k), and South Africa ($843k).

COMPANIES In 2023, leading companies such as Bedrosians Tile & Stone (58), The Tile Shop (4), and LG Electronics (3) were at the forefront of shipping Granite from India to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Granite. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$718M
IMPORTS (2022)$21.7M
NET TRADE (2022)$696M

In 2022, India exported $718M in Granite. The main destinations of India exports on Granite were China ($405M), United Kingdom ($50.3M), Bangladesh ($37.7M), Maldives ($35.1M), and Chinese Taipei ($32.7M).

In 2022, India imported $21.7M in Granite, mainly from Norway ($12.2M), Brazil ($3.44M), South Africa ($2.23M), Sri Lanka ($563k), and Ukraine ($413k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Granite EXPORT MARKETS FOR India WERE (2021 - 2022):
Maldives$8.17M (30.3%)
Italy$7.92M (38.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY India WERE (2021 - 2022):
United Kingdom-$115M (-69.5%)
China-$94.5M (-18.9%)
Poland-$7.12M (-34.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Granite were:
In 2022, India's main importing competitors in Granite were:

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Trade Value of Granite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $60.8M
TOP IMPORT POTENTIALBrazil+ $1.39M

Granite’s highest export potential is China. With an export gap of $60.8M.   Granite’s highest import potential is Brazil with an import gap of $1.39M.

See methodology.

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