HS Icon Limestone materials for manufacture of lime or cement

252100 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $915M, Rnk 2116 / 4648

2019
Top Exporter | Top Importer
: $369M | $424M, United Arab Emirates | India

2019
Product Complexity
: -0.77, Rnk 3709 / 4826

2018 - 2019
Export Growth (CAGR)
: -1.4%, Rnk 1861 / 4648

2018
Mean Tariff
: 3.91%, Rnk 5058 / 6538

 2019
Share of World Trade
: 0.0051%, Rnk 2116 / 4648

Overview:  This page contains the latest trade data of Limestone materials for manufacture of lime or cement. In 2019, Limestone materials for manufacture of lime or cement were the world's 2116th most traded product, with a total trade of $915M. Between 2018 and 2019 the exports of Limestone materials for manufacture of lime or cement decreased by -1.4%, from  $928M to $915M. Trade in Limestone materials for manufacture of lime or cement represent 0.0051% of total world trade.

Exports: In 2019 the top exporters of Limestone materials for manufacture of lime or cement  were United Arab Emirates ($369M), Vietnam ($77M), Oman ($69.6M), Japan ($68.9M), and Malaysia ($53.7M).

Imports: In 2019 the top importers of Limestone materials for manufacture of lime or cement were India ($424M), Bangladesh ($59M), Chinese Taipei ($45.7M), South Korea ($38.1M), and Kuwait ($33.8M).

Tariffs: In 2018 the average tariff for Limestone materials for manufacture of lime or cement was 3.91%, making it the 5058th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Limestone materials for manufacture of lime or cement are Bahamas (31.2%), Angola (30%), Uzbekistan (28.7%), Jordan (23.3%), and Zambia (22.7%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).

Ranking: Limestone materials for manufacture of lime or cement ranks 3709th in the Product Complexity Index (PCI).

Description: Limestone materials are typically used as a raw material to make lime or cement so that cement and lime can be sold at a cheaper price. These materials are typically not used as a construction material because they are too soft and can be crushed easily.

Exporters and Importers

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Trade By Country

Top Origin (2019): United Arab Emirates, $369M

Top Destination (2019): India, $424M

Limestone materials for manufacture of lime or cement are the world's 2116th most traded product.

In 2019, the top exporters of Limestone materials for manufacture of lime or cement were United Arab Emirates ($369M), Vietnam ($77M), Oman ($69.6M), Japan ($68.9M), and Malaysia ($53.7M).

In 2019, the top importers of Limestone materials for manufacture of lime or cement were India ($424M), Bangladesh ($59M), Chinese Taipei ($45.7M), South Korea ($38.1M), and Kuwait ($33.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $12.7M

Top Destination Growth (2018 - 2019): India, $19.2M

Between 2018 and 2019, the exports of Limestone materials for manufacture of lime or cement grew the fastest in Vietnam ($12.7M), Oman ($10.8M), Japan ($7.17M), Egypt ($4.19M), and Saudi Arabia ($2.81M).

Between 2018 and 2019, the fastest growing importers of Limestone materials for manufacture of lime or cement were India ($19.2M), Bangladesh ($15.4M), Malaysia ($12.8M), Kuwait ($3.89M), and United States ($3.01M).

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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 Limestone materials for manufacture of lime or cement.

In 2019,  market concentration measured using Shannon Entropy, was 3.55. This means that most of the exports of Limestone materials for manufacture of lime or cement are explained by 11 countries.

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TOP NET EXPORTER (2019): United Arab Emirates, $352M

TOP NET IMPORTER (2019): India, $371M

This map shows which countries export or import more of Limestone materials for manufacture of lime or cement. Each country is colored based on the difference in exports and imports of Limestone materials for manufacture of lime or cement during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Limestone materials for manufacture of lime or cement were United Arab Emirates ($352M), Vietnam ($76.9M), Oman ($68.5M), Japan ($53.3M), and Malaysia ($40.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Limestone materials for manufacture of lime or cement were India ($371M), Bangladesh ($59M), Chinese Taipei ($45.7M), South Korea ($36.4M), and Kuwait ($33.8M).

Import Tariffs

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In 2018, the average tariff for importing Limestone materials for manufacture of lime or cement was 3.91%.  The countries with the highest tariffs for importing Limestone materials for manufacture of lime or cement were Bahamas (31.2%), Angola (30%), Uzbekistan (28.7%), Jordan (23.3%), and Zambia (22.7%).

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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.