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Pebbles, gravel, crushed stone for concrete aggregates for road or railway ballast, shingle or flint; macadam of slag, dross etc tarred granules, chippings, powder of stones of heading no. 2515 and 2516

2517 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.63BRnk 624 / 1217
2023
Top Exporter | Top Importer $443M | $309MNorway | United States
2023
Product Complexity -0.41Rnk 693 / 1044
2022 - 2023
Export Growth (CAGR) -3.21%Rnk 508 / 1217
2023
Share of World Trade 0.016%Rnk 624 / 1217

About

Overview This page contains the latest trade data of Gravel and Crushed Stone. In 2023, Gravel and Crushed Stone were the world's 624th most traded product, with a total trade of $3.63B. Between 2022 and 2023 the exports of Gravel and Crushed Stone decreased by -3.21%, from $3.75B to $3.63B. Trade in Gravel and Crushed Stone represent 0.016% 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 2023 the top exporters of Gravel and Crushed Stone  were Norway ($443M), China ($339M), United Arab Emirates ($333M), Germany ($272M), and Oman ($190M).

Imports In 2023 the top importers of Gravel and Crushed Stone were United States ($309M), Netherlands ($288M), Singapore ($265M), Germany ($261M), and Qatar ($214M).

Ranking Gravel and Crushed Stone ranks 693rd 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.

Latest Trends

Latest Data

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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.

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* 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 (2023)Norway$443M
Top Destination (2023)United States$309M

In 2023 Gravel and Crushed Stone were the world's 624th most traded product (out of 1,217).

In 2023, the top exporters of Gravel and Crushed Stone were Norway ($443M), China ($339M), United Arab Emirates ($333M), Germany ($272M), and Oman ($190M).

In 2023, the top importers of Gravel and Crushed Stone were United States ($309M), Netherlands ($288M), Singapore ($265M), Germany ($261M), and Qatar ($214M).

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Exporters of Gravel and Crushed Stone (2023)
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Importers of Gravel and Crushed Stone (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$45.2M
Top Destination Growth (2022 -  2023)United States$55M

Between 2022 and 2023, the exports of Gravel and Crushed Stone grew the fastest in Canada ($45.2M), Spain ($23.8M), Honduras ($22.5M), Malaysia ($18.5M), and Suriname ($15M).

Between 2022 and 2023, the fastest growing importers of Gravel and Crushed Stone were United States ($55M), Guyana ($33.7M), United Kingdom ($25.6M), Qatar ($17.8M), and Poland ($13.9M).

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Exporters of Gravel and Crushed Stone (2022 - 2023)

Importers of Gravel and Crushed Stone (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Gravel and Crushed Stone.

In 2023, market concentration measured using Shannon Entropy, was 4.87. This means that most of the exports of Gravel and Crushed Stone are explained by 29 countries.

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Value of Exports in Gravel and Crushed Stone

Net Trade

TOP NET EXPORTER (2023)Norway$440M
TOP NET IMPORTER (2023)Singapore$263M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Gravel and Crushed Stone were Norway ($440M), China ($329M), United Arab Emirates ($300M), Oman ($188M), and Canada ($135M).

In 2023, the countries that had a largest trade value in imports than in exports of Gravel and Crushed Stone were Singapore ($263M), United States ($260M), Netherlands ($223M), Qatar ($214M), and Hong Kong ($195M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Gravel and Crushed Stone, disaggragated by their HS6 level were Pebbles, gravel, broken & crushed stone... ($2.48B), Marble granules, chipping and powder ($558M), Granules, chippings, powder of granite,sandstone,etc ($510M), Tarred macadam ($41.4M), and Macadam of slag, dross or similar... ($35.5M)

HS6 Disaggregation for Gravel and Crushed Stone (2023)
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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 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.

Top 10 Exporters Countries of Gravel and Crushed Stone by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $6.06M
TOP IMPORT POTENTIALVietnam+ $3.17M

Gravel and Crushed Stone’s highest export potential is United States. With an export gap of $6.06M.  Gravel and Crushed Stone’s highest import potential is Vietnam with an import gap of $3.17M.

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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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Gravel and Crushed Stone.

Country by Relatedness

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.

Relative Relatedness by Country (2023)

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