HS Icon Marble, Travertine and Alabaster

2515 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.28B, Rnk 701 / 1225

Top Exporter (2018): $948M, Turkey

Top Importer (2018): $1.42B, China

Product Complexity (2018): -1.38, Rnk 917 / 1018

Export Growth (CAGR)(2017 - 2018): -7.58%, Rnk 1163 / 1225

Mean Tariff (2018): 4.8%, Rnk 855 / 1259

Share of World Trade (2018): 0.012%, Rnk 701 / 1225

Overview: In 2018, Marble, Travertine and Alabaster were the world's 701st most traded product, with a total trade of $2.28B. Between 2017 and 2018 the exports of Marble, Travertine and Alabaster decreased by -7.58%, from  $2.47B to $2.28B. Trade in Marble, Travertine and Alabaster represent 0.012% of total world trade.

Exports: In 2018 the top exporters of Marble, Travertine and Alabaster  were Turkey ($948M), Italy ($445M), Iran ($140M), Spain ($98M), and Greece ($82.7M).

Imports: In 2018 the top importers of Marble, Travertine and Alabaster were China ($1.42B), India ($196M), Italy ($95.5M), Chinese Taipei ($42.7M), and Egypt ($40.4M).

Tariffs: In 2018 the average tariff for Marble, Travertine and Alabaster was 4.8%, been the 855 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Marble, Travertine and Alabaster are Angola (50%), Bahamas (41.8%), Afghanistan (30%), Uzbekistan (28.7%), and Cuba (26.3%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Marble, Travertine and Alabaster ranks 917th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Turkey, $948M

Top Destination (2018): China, $1.42B

Marble, Travertine and Alabaster are the world's 701st most traded product.

In 2018, the top exporters of Marble, Travertine and Alabaster were Turkey ($948M), Italy ($445M), Iran ($140M), Spain ($98M), and Greece ($82.7M).

In 2018, the top importers of Marble, Travertine and Alabaster were China ($1.42B), India ($196M), Italy ($95.5M), Chinese Taipei ($42.7M), and Egypt ($40.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): North Macedonia, $13.9M

Top Destination Growth (2017 - 2018): Egypt, $11.4M

Between 2017 and 2018, the exports of Marble, Travertine and Alabaster grew the fastest in North Macedonia ($13.9M), Croatia ($13M), Portugal ($12.1M), Vietnam ($9.51M), and Italy ($7.49M).

Between 2017 and 2018, the fastest growing importers of Marble, Travertine and Alabaster were Egypt ($11.4M), Canada ($10.9M), France ($8.92M), Pakistan ($6.67M), and Chinese Taipei ($6.53M).

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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 Marble, Travertine and Alabaster.

In 2018,  market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Marble, Travertine and Alabaster are explained by 9 countries.

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TOP NET EXPORTER (2018): Turkey, $944M

TOP NET IMPORTER (2018): China, $1.39B

This map shows which countries export or import more of Marble, Travertine and Alabaster. Each country is colored based on the difference in exports and imports of Marble, Travertine and Alabaster during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Marble, Travertine and Alabaster were Turkey ($944M), Italy ($349M), Iran ($138M), Spain ($81.6M), and Greece ($57.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Marble, Travertine and Alabaster were China ($1.39B), India ($153M), Chinese Taipei ($41M), Algeria ($28.7M), and Hong Kong ($25.5M).

Trade Forecasts

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This section shows forecasts for total trade for Marble, Travertine and Alabaster. 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 Marble, Travertine and Alabaster was 4.8%.  The countries with the highest tariffs for importing Marble, Travertine and Alabaster were Angola (50%), Bahamas (41.8%), Afghanistan (30%), Uzbekistan (28.7%), and Cuba (26.3%).

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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.