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680423 (Harmonized System 1992 for 6-digit)

2022
World Trade $108MRnk 4072 / 4648
2022
Top Exporter | Top Importer $30.7M | $33.8MMexico | United States
2022
Product Complexity 0.54Rnk 1565 / 4653
2021 - 2022
Export Growth (CAGR) -10.4%Rnk 3973 / 4648
2022
Share of World Trade 0.00046%Rnk 4072 / 4648

About

Overview This page contains the latest trade data of Millstones, grindstones etc of natural stone. In 2022, Millstones, grindstones etc of natural stone were the world's 4072nd most traded product, with a total trade of $108M. Between 2021 and 2022 the exports of Millstones, grindstones etc of natural stone decreased by -10.4%, from $121M to $108M. Trade in Millstones, grindstones etc of natural stone represent 0.00046% of total world trade.

Millstones, grindstones etc of natural stone are a part of Milling Stones.

Exports In 2022 the top exporters of Millstones, grindstones etc of natural stone  were Mexico ($30.7M), China ($20.1M), United States ($9.79M), Thailand ($7.83M), and Chinese Taipei ($5.86M).

Imports In 2022 the top importers of Millstones, grindstones etc of natural stone were United States ($33.8M), Mexico ($6.83M), India ($6.18M), Singapore ($6.09M), and China ($5.8M).

Ranking Millstones, grindstones etc of natural stone ranks 1565th in the Product Complexity Index (PCI).

Description Millstones, grindstones, and other tools of milling, grinding, and polishing are made from various types of natural stone, such as marble, granite, sandstone, and quartzite.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Millstones, grindstones etc of natural 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 (2022)Mexico$30.7M
Top Destination (2022)United States$33.8M

In 2022 Millstones, grindstones etc of natural stone were the world's 4072nd most traded product (out of 4,648).

In 2022, the top exporters of Millstones, grindstones etc of natural stone were Mexico ($30.7M), China ($20.1M), United States ($9.79M), Thailand ($7.83M), and Chinese Taipei ($5.86M).

In 2022, the top importers of Millstones, grindstones etc of natural stone were United States ($33.8M), Mexico ($6.83M), India ($6.18M), Singapore ($6.09M), and China ($5.8M).

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Exporters of Millstones, grindstones etc of natural stone (2022)
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Importers of Millstones, grindstones etc of natural stone (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$8.05M
Top Destination Growth (2021 -  2022)United States$6.54M

Between 2021 and 2022, the exports of Millstones, grindstones etc of natural stone grew the fastest in Mexico ($8.05M), United States ($2.01M), Jordan ($1.39M), Netherlands ($1.28M), and Chinese Taipei ($873k).

Between 2021 and 2022, the fastest growing importers of Millstones, grindstones etc of natural stone were United States ($6.54M), Kuwait ($2.87M), Vietnam ($712k), Latvia ($601k), and Chinese Taipei ($455k).

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Exporters of Millstones, grindstones etc of natural stone (2021 - 2022)

Importers of Millstones, grindstones etc of natural stone (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Millstones, grindstones etc of natural stone.

In 2022, market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Millstones, grindstones etc of natural stone are explained by 13 countries.

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Value of Exports in Millstones, grindstones etc of natural stone

Net Trade

TOP NET EXPORTER (2022)Mexico$23.8M
TOP NET IMPORTER (2022)United States$24M

This map shows which countries export or import more of Millstones, grindstones etc of natural stone. Each country is colored based on the difference in exports and imports of Millstones, grindstones etc of natural stone during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Millstones, grindstones etc of natural stone were Mexico ($23.8M), China ($14.3M), Thailand ($4.74M), Chinese Taipei ($3.49M), and Jordan ($3.24M).

In 2022, the countries that had a largest trade value in imports than in exports of Millstones, grindstones etc of natural stone were United States ($24M), Kuwait ($4.39M), Singapore ($3.8M), India ($3.6M), and Vietnam ($3.18M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Millstones, grindstones etc of natural stone 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)

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