Building Stone6802 (Harmonized System 1992 for 4-digit)
World Trade (2018): $11.7B, Rnk 293 / 1225
Top Exporter (2018): $4.53B, China
Top Importer (2018): $2.61B, United States
Product Complexity (2018): -0.95, Rnk 807 / 1018
Export Growth (CAGR)(2017 - 2018): 12.3%, Rnk 654 / 1225
Mean Tariff (2018): 13.6%, Rnk 245 / 1259
Share of World Trade (2018): 0.064%, Rnk 293 / 1225
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).
Imports: In 2018 the top importers of Building Stone were United States ($2.61B), South Korea ($1.08B), Japan ($488M), Germany ($479M), and Saudi Arabia ($412M).
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 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.
Trade By Country
Top Origin (2018): China, $4.53B
Top Destination (2018): United States, $2.61B
Building Stone are the world's 293rd most traded product.
In 2018, the top exporters of Building Stone were China ($4.53B), Italy ($1.65B), India ($1.05B), Turkey ($835M), and Brazil ($729M).
In 2018, the top importers of Building Stone were United States ($2.61B), South Korea ($1.08B), Japan ($488M), Germany ($479M), and Saudi Arabia ($412M).
Trade by country
Top Origin Growth (2017 - 2018): China, $453M
Top Destination Growth (2017 - 2018): South Korea, $200M
Between 2017 and 2018, the exports of Building Stone grew the fastest in China ($453M), Italy ($222M), Palestine ($181M), United Arab Emirates ($99.2M), and Portugal ($86.6M).
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).
Cumulative market share
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.
TOP NET EXPORTER (2018): China, $4.42B
TOP NET IMPORTER (2018): United States, $2.53B
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 world most traded Building Stone, disaggragated by their HS6 level were Worked granite ($4.3B), Worked marble, travertine and alabaster ($3.17B), Cut or sawn slabs of marble,... ($1.41B), Cut or sawn slabs of granite ($1.09B), and Worked monumental or building stone nes ($667M)
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.
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