HS Icon Other Stone Articles

6815 (Harmonized System 1992 for 4-digit)

World Trade (2018): $8.27B, Rnk 378 / 1225

Top Exporter (2018): $1.28B, United States

Top Importer (2018): $1B, United States

Product Complexity (2018): 0.74, Rnk 268 / 1018

Export Growth (CAGR)(2017 - 2018): 36.5%, Rnk 123 / 1225

Mean Tariff (2018): 8.56%, Rnk 503 / 1259

Share of World Trade (2018): 0.045%, Rnk 378 / 1225

Overview: In 2018, Other Stone Articles were the world's 378th most traded product, with a total trade of $8.27B. Between 2017 and 2018 the exports of Other Stone Articles grew by 36.5%, from  $6.06B to $8.27B. Trade in Other Stone Articles represent 0.045% of total world trade.

Exports: In 2018 the top exporters of Other Stone Articles  were United States ($1.28B), Germany ($1.27B), China ($941M), Japan ($930M), and France ($542M).

Imports: In 2018 the top importers of Other Stone Articles were United States ($1B), Germany ($880M), China ($796M), Italy ($486M), and France ($459M).

Tariffs: In 2018 the average tariff for Other Stone Articles was 8.56%, been the 503 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Stone Articles are Bahamas (40.2%), Angola (40%), Sudan (35%), Ethiopia (34.7%), and Cameroon (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Maldives (0%).

Ranking: Other Stone Articles ranks 268th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $1.28B

Top Destination (2018): United States, $1B

Other Stone Articles are the world's 378th most traded product.

In 2018, the top exporters of Other Stone Articles were United States ($1.28B), Germany ($1.27B), China ($941M), Japan ($930M), and France ($542M).

In 2018, the top importers of Other Stone Articles were United States ($1B), Germany ($880M), China ($796M), Italy ($486M), and France ($459M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $379M

Top Destination Growth (2017 - 2018): United States, $383M

Between 2017 and 2018, the exports of Other Stone Articles grew the fastest in Germany ($379M), China ($295M), Japan ($194M), United States ($162M), and South Korea ($89.6M).

Between 2017 and 2018, the fastest growing importers of Other Stone Articles were United States ($383M), China ($233M), India ($157M), Germany ($149M), and France ($138M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Other Stone Articles.

In 2018,  market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Other Stone Articles are explained by 18 countries.

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TOP NET EXPORTER (2018): Japan, $530M

TOP NET IMPORTER (2018): Italy, $355M

This map shows which countries export or import more of Other Stone Articles. Each country is colored based on the difference in exports and imports of Other Stone Articles during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Other Stone Articles were Japan ($530M), Germany ($389M), United States ($278M), China ($145M), and Hungary ($116M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Stone Articles were Italy ($355M), India ($166M), United Arab Emirates ($107M), Ukraine ($81.8M), and Singapore ($75M).

Trade Forecasts

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This section shows forecasts for total trade for Other Stone Articles. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Other Stone Articles was 8.56%.  The countries with the highest tariffs for importing Other Stone Articles were Bahamas (40.2%), Angola (40%), Sudan (35%), Ethiopia (34.7%), and Cameroon (29.4%).

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Product Complexity

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Diversification Frontier

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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.