HS Icon Gravel and Crushed Stone

2517 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Gravel and Crushed Stone. In 2020, Gravel and Crushed Stone were the world's 581st most traded product, with a total trade of $3.54B. Between 2019 and 2020 the exports of Gravel and Crushed Stone decreased by -6.31%, from $3.78B to $3.54B. Trade in Gravel and Crushed Stone represent 0.021% of total world trade.

Gravel and Crushed Stone are a part of Salt, sulphur, cement, lime, stone, & plaster. They include Pebbles, gravel, broken & crushed stone for aggregate, Granules, chippings, powder of granite,sandstone,etc, Marble granules, chipping and powder, Tarred macadam, and Macadam of slag, dross or similar industrial waste.

Exports In 2020 the top exporters of Gravel and Crushed Stone  were China ($514M), Norway ($315M), United Arab Emirates ($293M), Germany ($247M), and Vietnam ($229M).

Imports In 2020 the top importers of Gravel and Crushed Stone were Hong Kong ($399M), Germany ($288M), Netherlands ($272M), United States ($232M), and Bangladesh ($198M).

Tariffs In 2018 the average tariff for Gravel and Crushed Stone was 4.43%, making it the 936th lowest tariff using the HS4 product classification.

Ranking Gravel and Crushed Stone ranks 703rd in the Product Complexity Index (PCI).

Description Pebbles, gravel, broken or crushed stone, for concrete aggregates, for road metalling or for railway ballast, shingle and flint, whether or not heat-treated; macadam of slag, dross or similar industrial waste, whether or not incorporating the materials cited in the first part of the heading; tarred macadam; granules, chippings and powder, of stones of heading 2515 and 2516, whether or not heat-treated are used in construction projects.

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Y-AXIS SCALE

The following visualization shows the latest trends on Gravel and Crushed Stone. 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 (2020): China, $514M

Top Destination (2020): Hong Kong, $399M

Gravel and Crushed Stone are the world's 581st most traded product.

In 2020, the top exporters of Gravel and Crushed Stone were China ($514M), Norway ($315M), United Arab Emirates ($293M), Germany ($247M), and Vietnam ($229M).

In 2020, the top importers of Gravel and Crushed Stone were Hong Kong ($399M), Germany ($288M), Netherlands ($272M), United States ($232M), and Bangladesh ($198M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): China, $117M

Top Destination Growth (2019 - 2020): Hong Kong, $71.1M

Between 2019 and 2020, the exports of Gravel and Crushed Stone grew the fastest in China ($117M), India ($18.7M), Croatia ($14M), Belgium ($10.3M), and Palestine ($7.15M).

Between 2019 and 2020, the fastest growing importers of Gravel and Crushed Stone were Hong Kong ($71.1M), Netherlands ($19.4M), Bangladesh ($16.3M), China ($14.4M), and Chinese Taipei ($12.4M).

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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 Gravel and Crushed Stone.

In 2020,  market concentration measured using Shannon Entropy, was 4.81. This means that most of the exports of Gravel and Crushed Stone are explained by 28 countries.

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TOP NET EXPORTER (2020): China, $446M

TOP NET IMPORTER (2020): Hong Kong, $387M

This map shows which countries export or import more of Gravel and Crushed Stone. Each country is colored based on the difference in exports and imports of Gravel and Crushed Stone during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Gravel and Crushed Stone were China ($446M), Norway ($313M), United Arab Emirates ($260M), Vietnam ($227M), and Oman ($179M).

In 2020, the countries that had a largest trade value in imports than in exports of Gravel and Crushed Stone were Hong Kong ($387M), Netherlands ($220M), Bangladesh ($198M), United States ($189M), and Kuwait ($178M).

Disaggregation

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Value

In 2020, the world most traded Gravel and Crushed Stone, disaggragated by their HS6 level were Pebbles, gravel, broken & crushed stone... ($2.16B), Granules, chippings, powder of granite,sandstone,etc ($795M), Marble granules, chipping and powder ($514M), Tarred macadam ($36.9M), and Macadam of slag, dross or similar... ($36.7M)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Gravel and Crushed Stone.
It is possible to select the main countries that export or import Gravel and Crushed Stone 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 Gravel and Crushed Stone to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.