Overview: This page contains the latest trade data of Building Stone. In 2018, Building Stone were the world's 293rd most traded product, with a total trade of $11.7B. Between 2017 and 2018 the exports of Building Stone grew by 12.3%, from $10.4B to $11.7B. Trade in Building Stone represent 0.064% of total world trade.
Exports: In 2018 the top exporters of Building Stone were China ($4.53B), Italy ($1.65B), India ($1.05B), Turkey ($835M), and Brazil ($729M).
Ranking: Building Stone ranks 807th in the Product Complexity Index (PCI).
Description: Monuments and building stones are used to build things like monuments, buildings, and other structures. They can be made from a variety of materials, including granite, marble, limestone, sandstone, slate, and quartzite.
Between 2017 and 2018, the fastest growing importers of Building Stone were South Korea ($200M), Israel ($168M), France ($97.2M), Germany ($89.7M), and Uzbekistan ($77.2M).
This chart shows the evolution of the market concentration of exports of Building Stone.
In 2018, market concentration measured using Shannon Entropy, was 3.48. This means that most of the exports of Building Stone are explained by 11 countries.
This map shows which countries export or import more of Building Stone. Each country is colored based on the difference in exports and imports of Building Stone during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Building Stone were China ($4.42B), Italy ($1.54B), India ($938M), Turkey ($741M), and Brazil ($706M).
In 2018, the countries that had a largest trade value in imports than in exports of Building Stone were United States ($2.53B), South Korea ($1.06B), Japan ($480M), Saudi Arabia ($405M), and Germany ($369M).
In 2018, the average tariff for importing Building Stone was 13.6%. The countries with the highest tariffs for importing Building Stone were Iran (50%), Angola (47.5%), Sudan (35%), Zimbabwe (33.6%), and Syria (33.3%).
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.