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Millstones, grindstones, grinding wheels, etc without frameworks, for grinding, sharpening, polishing, etc and parts thereof, natural stone, agglomerated natural or artificial abrasives or of ceramics

6804 (Harmonized System 1992 for 4-digit)

2022
World Trade $5.55BRnk 531 / 1218
2022
Top Exporter | Top Importer $1.5B | $534MChina | United States
2022
Product Complexity 1.23Rnk 99 / 1033
2021 - 2022
Export Growth (CAGR) -4.35%Rnk 1010 / 1218
2022
Share of World Trade 0.023%Rnk 531 / 1218

About

Overview This page contains the latest trade data of Milling Stones. In 2022, Milling Stones were the world's 531st most traded product, with a total trade of $5.55B. Between 2021 and 2022 the exports of Milling Stones decreased by -4.35%, from $5.8B to $5.55B. Trade in Milling Stones represent 0.023% of total world trade.

Milling Stones are a part of Stone, plaster, cement, asbestos, mica.. They include Grindstones etc, agglomerated abrasives or ceramics, Grindstones etc of synthetic or natural diamond, Millstones, grindstones etc of natural stone, Stones for milling, grinding or pulping, and Hand sharpening or polishing stones.

Exports In 2022 the top exporters of Milling Stones  were China ($1.5B), Germany ($658M), Japan ($465M), Italy ($408M), and Austria ($350M).

Imports In 2022 the top importers of Milling Stones were United States ($534M), Germany ($466M), China ($351M), India ($321M), and France ($192M).

Ranking Milling Stones ranks 99th in the Product Complexity Index (PCI).

Description Millstones are used to grind grain into flour. They can be made from a variety of materials, including granite, basalt, and quartzite.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Milling Stones. 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 (2022)China$1.5B
Top Destination (2022)United States$534M

In 2022 Milling Stones were the world's 531st most traded product (out of 1,218).

In 2022, the top exporters of Milling Stones were China ($1.5B), Germany ($658M), Japan ($465M), Italy ($408M), and Austria ($350M).

In 2022, the top importers of Milling Stones were United States ($534M), Germany ($466M), China ($351M), India ($321M), and France ($192M).

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Exporters of Milling Stones (2022)
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Importers of Milling Stones (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Austria$30.8M
Top Destination Growth (2021 -  2022)Indonesia$18.9M

Between 2021 and 2022, the exports of Milling Stones grew the fastest in Austria ($30.8M), United States ($18.2M), Mexico ($16.8M), India ($5.88M), and South Korea ($5.43M).

Between 2021 and 2022, the fastest growing importers of Milling Stones were Indonesia ($18.9M), United States ($17.2M), Kazakhstan ($9.89M), United Kingdom ($6.88M), and Turkey ($6.8M).

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Exporters of Milling Stones (2021 - 2022)

Importers of Milling Stones (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Milling Stones.

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Milling Stones are explained by 17 countries.

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Value of Exports in Milling Stones

Net Trade

TOP NET EXPORTER (2022)China$1.15B
TOP NET IMPORTER (2022)United States$284M

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

In 2022, the countries that had a largest trade value in exports than in imports of Milling Stones were China ($1.15B), Japan ($375M), Austria ($251M), Italy ($247M), and Germany ($191M).

In 2022, the countries that had a largest trade value in imports than in exports of Milling Stones were United States ($284M), India ($231M), France ($137M), Brazil ($120M), and Vietnam ($107M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Milling Stones, disaggragated by their HS6 level were Grindstones etc, agglomerated abrasives or ceramics ($3B), Grindstones etc of synthetic or natural... ($2.13B), Hand sharpening or polishing stones ($184M), Stones for milling, grinding or pulping ($122M), and Millstones, grindstones etc of natural stone ($108M)

HS6 Disaggregation for Milling Stones (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 Milling Stones.
It is possible to select the main countries that export or import Milling Stones in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Milling Stones by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $53.8M
TOP IMPORT POTENTIALGermany+ $11.1M

Milling Stones’s highest export potential is India. With an export gap of $53.8M.  Milling Stones’s highest import potential is Germany with an import gap of $11.1M.

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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 (2022)

Related Products

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

Country by Relatedness

The following visualization shows the relatedness of Milling Stones 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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