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Machine-tools; for working stone, ceramics, concrete, asbestos-cement or like mineral materials or for cold working glass

8464 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.65BRnk 697 / 1217
2023
Top Exporter | Top Importer $747M | $396MChina | United States
2023
Product Complexity 1.29Rnk 82 / 1044
2022 - 2023
Export Growth (CAGR) -5.21%Rnk 569 / 1217
2023
Share of World Trade 0.012%Rnk 697 / 1217

About

Overview This page contains the latest trade data of Stone Working Machines. In 2023, Stone Working Machines were the world's 697th most traded product, with a total trade of $2.65B. Between 2022 and 2023 the exports of Stone Working Machines decreased by -5.21%, from $2.8B to $2.65B. Trade in Stone Working Machines represent 0.012% of total world trade.

Stone Working Machines are a part of Machinery, mechanical appliances, & parts. They include Grinding/polishing machines for stone, ceramics, glas, Machine tools nes for stone, ceramics and cold glass, and Sawing machines for stone, ceramics and glass.

Exports In 2023 the top exporters of Stone Working Machines  were China ($747M), Italy ($707M), Germany ($240M), Japan ($144M), and Austria ($106M).

Imports In 2023 the top importers of Stone Working Machines were United States ($396M), China ($192M), India ($189M), Turkey ($109M), and Germany ($103M).

Ranking Stone Working Machines ranks 82nd in the Product Complexity Index (PCI).

Description Machine tools for working stone, ceramics, concrete, asbestos-cement or like mineral materials are used to cut and shape stone, ceramics, concrete, asbestos-cement or like mineral materials. They can also be used to cold-work glass.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Stone Working Machines. 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)China$747M
Top Destination (2023)United States$396M

In 2023 Stone Working Machines were the world's 697th most traded product (out of 1,217).

In 2023, the top exporters of Stone Working Machines were China ($747M), Italy ($707M), Germany ($240M), Japan ($144M), and Austria ($106M).

In 2023, the top importers of Stone Working Machines were United States ($396M), China ($192M), India ($189M), Turkey ($109M), and Germany ($103M).

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Exporters of Stone Working Machines (2023)
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Importers of Stone Working Machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$52.5M
Top Destination Growth (2022 -  2023)Italy$14.2M

Between 2022 and 2023, the exports of Stone Working Machines grew the fastest in Germany ($52.5M), Italy ($26.2M), United Kingdom ($13.3M), Vietnam ($9.36M), and India ($6.24M).

Between 2022 and 2023, the fastest growing importers of Stone Working Machines were Italy ($14.2M), Turkey ($14M), Malaysia ($13.1M), Romania ($11.5M), and Mozambique ($8.37M).

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Exporters of Stone Working Machines (2022 - 2023)

Importers of Stone Working Machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Stone Working Machines.

In 2023, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Stone Working Machines are explained by 11 countries.

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Value of Exports in Stone Working Machines

Net Trade

TOP NET EXPORTER (2023)Italy$666M
TOP NET IMPORTER (2023)United States$318M

This map shows which countries export or import more of Stone Working Machines. Each country is colored based on the difference in exports and imports of Stone Working Machines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Stone Working Machines were Italy ($666M), China ($555M), Germany ($137M), Japan ($113M), and Austria ($84.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Stone Working Machines were United States ($318M), India ($172M), Canada ($79.8M), Turkey ($72.1M), and Brazil ($62.5M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Stone Working Machines, disaggragated by their HS6 level were Machine tools nes for stone, ceramics... ($1.05B), Grinding/polishing machines for stone, ceramics, glas ($939M), and Sawing machines for stone, ceramics and... ($669M)

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

Top 10 Exporters Countries of Stone Working Machines by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $8.87M
TOP IMPORT POTENTIALChina+ $2.48M

Stone Working Machines’s highest export potential is China. With an export gap of $8.87M.  Stone Working Machines’s highest import potential is China with an import gap of $2.48M.

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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 Stone Working Machines.

Country by Relatedness

The following visualization shows the relatedness of Stone Working Machines 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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