HS Icon Granite

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)

Overview This page contains the latest trade data of Granite. In 2021, Granite were the world's 765th most traded product, with a total trade of $1.96B. Between 2020 and 2021 the exports of Granite grew by 18.7%, from $1.65B to $1.96B. Trade in Granite represent 0.0093% 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 2021 the top exporters of Granite  were India ($839M), Norway ($191M), Brazil ($155M), Zimbabwe ($80M), and Spain ($75.1M).

Imports In 2021 the top importers of Granite were China ($691M), United Kingdom ($240M), Italy ($163M), Germany ($65.8M), and Spain ($62.8M).

Tariffs In 2018 the average tariff for Granite was 4.68%, making it the 884th lowest tariff using the HS4 product classification.

Ranking Granite ranks 945th 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.

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Y-AXIS SCALE

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.

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

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): India, $839M

Top Destination (2021): China, $691M

Granite are the world's 765th most traded product.

In 2021, the top exporters of Granite were India ($839M), Norway ($191M), Brazil ($155M), Zimbabwe ($80M), and Spain ($75.1M).

In 2021, the top importers of Granite were China ($691M), United Kingdom ($240M), Italy ($163M), Germany ($65.8M), and Spain ($62.8M).

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Market Dynamics

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Trade by country

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Top Origin Growth (2020 -  2021): India, $91.5M

Top Destination Growth (2020 -  2021): United Kingdom, $87M

Between 2020 and 2021, the exports of Granite grew the fastest in India ($91.5M), Brazil ($76.7M), Norway ($53.3M), Zimbabwe ($30.2M), and South Africa ($17.7M).

Between 2020 and 2021, the fastest growing importers of Granite were United Kingdom ($87M), China ($47.9M), Italy ($37.9M), Poland ($17.6M), and Germany ($16.8M).

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Market Concentration

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Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Granite are explained by 11 countries.

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TOP NET EXPORTER (2021): India, $824M

TOP NET IMPORTER (2021): China, $638M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Granite were India ($824M), Norway ($188M), Brazil ($154M), Zimbabwe ($79.8M), and South Africa ($68.9M).

In 2021, the countries that had a largest trade value in imports than in exports of Granite were China ($638M), United Kingdom ($237M), Italy ($100M), Chinese Taipei ($51.6M), and Germany ($49M).

Disaggregation

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Value

In 2021, the world most traded Granite, disaggragated by their HS6 level were Granite, crude or roughly trimmed ($987M), Granite, merely cut into blocks etc ($425M), Monumental or building stone nes, porphyry... ($295M), and Sandstone, merely cut into blocks etc ($254M)

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.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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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.