HS Icon Building Stone

6802 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Building Stone. In 2019, Building Stone were the world's 306th most traded product, with a total trade of $10.8B. Between 2018 and 2019 the exports of Building Stone decreased by -8.75%, from $11.8B to $10.8B. Trade in Building Stone represent 0.059% of total world trade.

Exports: In 2019 the top exporters of Building Stone  were China ($4.12B), Italy ($1.48B), India ($1.08B), Turkey ($874M), and Brazil ($776M).

Imports: In 2019 the top importers of Building Stone were United States ($2.46B), South Korea ($884M), Japan ($492M), Germany ($460M), and Saudi Arabia ($406M).

Tariffs: In 2018 the average tariff for Building Stone was 13.6%, making it the 245th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Building Stone are Iran (50%), Angola (47.5%), Sudan (35%), Zimbabwe (33.6%), and Syria (33.3%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Maldives (0%).

Ranking: Building Stone ranks 794th 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.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $4.12B

Top Destination (2019): United States, $2.46B

Building Stone are the world's 306th most traded product.

In 2019, the top exporters of Building Stone were China ($4.12B), Italy ($1.48B), India ($1.08B), Turkey ($874M), and Brazil ($776M).

In 2019, the top importers of Building Stone were United States ($2.46B), South Korea ($884M), Japan ($492M), Germany ($460M), and Saudi Arabia ($406M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Brazil, $46.9M

Top Destination Growth (2018 - 2019): Vietnam, $32.9M

Between 2018 and 2019, the exports of Building Stone grew the fastest in Brazil ($46.9M), Turkey ($38.1M), Vietnam ($12M), India ($4.3M), and Namibia ($3.49M).

Between 2018 and 2019, the fastest growing importers of Building Stone were Vietnam ($32.9M), Libya ($28.8M), Turkmenistan ($25.7M), Cambodia ($23.6M), and Singapore ($19.8M).

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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 Building Stone.

In 2019,  market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Building Stone are explained by 10 countries.

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TOP NET EXPORTER (2019): China, $4.01B

TOP NET IMPORTER (2019): United States, $2.39B

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Building Stone were China ($4.01B), Italy ($1.38B), India ($995M), Turkey ($794M), and Brazil ($755M).

In 2019, the countries that had a largest trade value in imports than in exports of Building Stone were United States ($2.39B), South Korea ($876M), Japan ($485M), Saudi Arabia ($400M), and Germany ($352M).

Disaggregation

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Value

In 2019, the world most traded Building Stone, disaggragated by their HS6 level were Worked granite ($3.87B), Worked marble, travertine and alabaster ($2.95B), Cut or sawn slabs of marble,... ($1.25B), Cut or sawn slabs of granite ($1.03B), and Worked monumental or building stone nes ($786M)

Import Tariffs

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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%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Building Stone to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.