Granite in United States | The Observatory of Economic Complexity

About

Exports In 2023, United States exported $21M in Granite, making it the 17th largest exporter of Granite in the world. At the same year, Granite was the 949th most exported product in United States. The main destination of Granite exports from United States are: Canada ($11.9M), China ($4.8M), Italy ($1.09M), Bahamas ($815k), and Turks and Caicos Islands ($205k).

The fastest growing export markets for Granite of United States between 2022 and 2023 were China ($1.82M), Bahamas ($224k), and Montserrat ($158k).

Imports In 2023, United States imported $42.9M in Granite, becoming the 8th largest importer of Granite in the world. At the same year, Granite was the 976th most imported product in United States. United States imports Granite primarily from: India ($18.2M), Canada ($12M), China ($2.86M), South Africa ($2.71M), and Italy ($2.08M).

The fastest growing import markets in Granite for United States between 2022 and 2023 were India ($6.73M), Canada ($2.52M), and Spain ($995k).

COMPANIES In 2023, leading companies such as Bedrosians Tile & Stone (522), Cosentino (131), and Amazon (39) were at the forefront of shipping Granite to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Granite exports accounted up to $1.76M and imports accounted up to $3.29M, resulting in a negative trade balance of $1.52M. Between November 2023 and November 2024 the exports of United States' Granite have decreased by $-620k (-26%) from $2.38M to $1.76M, while imports increased by $1.34M (68.9%) from $1.95M to $3.29M.

Destinations In November 2024, Granite were exported mostly to Canada ($900k), China ($448k), Italy ($238k), United Kingdom ($65.2k), and India ($40.9k), and were imported mostly from Canada ($1.52M), India ($738k), China ($340k), South Africa ($211k), and Vietnam ($123k).

Growth In November 2024, the decrease in Granite's year-by-year exports was explained primarily by a decrease in exports to China ($-170k or -35.8%), Germany ($-46.2k or -68.2%), and Italy ($-34.9k or -42.1%). In November 2024, the increase in Granite's year-by-year imports was explained primarily by an increase in imports from Belgium ($25.9k or 172%), Brazil ($20.4k or 170%), and Italy ($10k or 7.14%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-620k(-26%)

IMPORT GROWTH (November 2023 - November 2024)$1.34M(68.9%)

MAIN EXPORTER (November 2024)Vermont$960k

MAIN DESTINATION (November 2024)Canada$900k

This section shows Granite'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 Granite over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$21M

IMPORTS (2023)$42.9M

NET TRADE (2023)-$22M

In 2023, United States exported $21M in Granite. The main destinations of United States exports on Granite were Canada ($11.9M), China ($4.8M), Italy ($1.09M), Bahamas ($815k), and Turks and Caicos Islands ($205k).

In 2023, United States imported $42.9M in Granite, mainly from India ($18.2M), Canada ($12M), China ($2.86M), South Africa ($2.71M), and Italy ($2.08M).

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