Overview: This page contains the latest trade data of Other Stone Articles. In 2018, Other Stone Articles were the world's 378th most traded product, with a total trade of $8.27B. Between 2017 and 2018 the exports of Other Stone Articles grew by 36.5%, from $6.06B to $8.27B. Trade in Other Stone Articles represent 0.045% of total world trade.
Exports: In 2018 the top exporters of Other Stone Articles were United States ($1.28B), Germany ($1.27B), China ($941M), Japan ($930M), and France ($542M).
Imports: In 2018 the top importers of Other Stone Articleswere United States ($1B), Germany ($880M), China ($796M), Italy ($486M), and France ($459M).
Tariffs: In 2018 the average tariff for Other Stone Articles was 8.56%, making it the 503rd lowest tariff using the HS4 product classification.
Ranking: Other Stone Articles ranks 268th in the Product Complexity Index (PCI).
Description: Articles of stone or of other mineral substances are used in the production of other goods. They can be made from a variety of materials, including granite, marble, and limestone.
Top Destination Growth (2017 - 2018): United States, $383M
Between 2017 and 2018, the exports of Other Stone Articles grew the fastest in Germany ($379M), China ($295M), Japan ($194M), United States ($162M), and South Korea ($89.6M).
Between 2017 and 2018, the fastest growing importers of Other Stone Articles were United States ($383M), China ($233M), India ($157M), Germany ($149M), and France ($138M).
This chart shows the evolution of the market concentration of exports of Other Stone Articles.
In 2018, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Other Stone Articles are explained by 18 countries.
This map shows which countries export or import more of Other Stone Articles. Each country is colored based on the difference in exports and imports of Other Stone Articles during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Other Stone Articles were Japan ($530M), Germany ($389M), United States ($278M), China ($145M), and Hungary ($116M).
In 2018, the countries that had a largest trade value in imports than in exports of Other Stone Articles were Italy ($355M), India ($166M), United Arab Emirates ($107M), Ukraine ($81.8M), and Singapore ($75M).
In 2018, the average tariff for importing Other Stone Articles was 8.56%. The countries with the highest tariffs for importing Other Stone Articles were Bahamas (40.2%), Angola (40%), Sudan (35%), Ethiopia (34.7%), and Cameroon (29.4%).
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.