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Pricing

Granite, porphyry, basalt, sandstone, other monumental and building stone, whether or not roughly trimmed, cut, by sawing etc, into blocks or slabs of a rectangular (including square) shape

2516 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.87BRnk 796 / 1218
2022
Top Exporter | Top Importer $718M | $720MIndia | China
2022
Product Complexity -1.36Rnk 936 / 1033
2021 - 2022
Export Growth (CAGR) -9.27%Rnk 1108 / 1218
2022
Share of World Trade 0.0079%Rnk 796 / 1218

About

Overview This page contains the latest trade data of Granite. In 2022, Granite were the world's 796th most traded product, with a total trade of $1.87B. Between 2021 and 2022 the exports of Granite decreased by -9.27%, from $2.06B to $1.87B. Trade in Granite represent 0.0079% of total world trade.

Granite are a part of Salt, sulphur, cement, lime, stone, & plaster. They include Granite, crude or roughly trimmed, Granite, merely cut into blocks etc, Monumental or building stone nes, porphyry and basalt, Sandstone, merely cut into blocks etc, and Sandstone, crude or roughly trimmed.

Exports In 2022 the top exporters of Granite  were India ($718M), Brazil ($173M), Norway ($131M), Angola ($113M), and Spain ($79.5M).

Imports In 2022 the top importers of Granite were China ($720M), Italy ($177M), United Kingdom ($96.3M), Chinese Taipei ($60.5M), and Germany ($58.3M).

Ranking Granite ranks 936th in the Product Complexity Index (PCI).

Description The most common use of granite, porphyry, basalt, and sandstone is in monumental or building stone. These stones are often used in buildings or monuments to create a statement.

Latest Trends

Latest Data

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

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)India$718M
Top Destination (2022)China$720M

In 2022 Granite were the world's 796th most traded product (out of 1,218).

In 2022, the top exporters of Granite were India ($718M), Brazil ($173M), Norway ($131M), Angola ($113M), and Spain ($79.5M).

In 2022, the top importers of Granite were China ($720M), Italy ($177M), United Kingdom ($96.3M), Chinese Taipei ($60.5M), and Germany ($58.3M).

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Exporters of Granite (2022)
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Importers of Granite (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Angola$69.2M
Top Destination Growth (2021 -  2022)Italy$17.6M

Between 2021 and 2022, the exports of Granite grew the fastest in Angola ($69.2M), Brazil ($14.6M), Germany ($13.4M), Mozambique ($11.1M), and Turkey ($8.4M).

Between 2021 and 2022, the fastest growing importers of Granite were Italy ($17.6M), Netherlands ($10M), Maldives ($7.89M), India ($6.42M), and Serbia ($3.94M).

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Exporters of Granite (2021 - 2022)

Importers of Granite (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Granite.

In 2022, market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Granite are explained by 13 countries.

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Value of Exports in Granite

Net Trade

TOP NET EXPORTER (2022)India$696M
TOP NET IMPORTER (2022)China$677M

This map shows which countries export or import more of Granite. Each country is colored based on the difference in exports and imports of Granite during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Granite were India ($696M), Brazil ($172M), Norway ($129M), Angola ($113M), and Zimbabwe ($70.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Granite were China ($677M), Italy ($113M), United Kingdom ($93.3M), Chinese Taipei ($60.4M), and France ($39.6M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Granite, disaggragated by their HS6 level were Granite, crude or roughly trimmed ($920M), Granite, merely cut into blocks etc ($517M), Monumental or building stone nes, porphyry... ($288M), and Sandstone, merely cut into blocks etc ($143M)

HS6 Disaggregation for Granite (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Granite.
It is possible to select the main countries that export or import Granite in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Granite by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Granite.

Country by Relatedness

The following visualization shows the relatedness of Granite to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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