Stone Processing Machines in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $5.39B in Stone Processing Machines, making it the 1st largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 134th most exported product in China. The main destination of Stone Processing Machines exports from China are: Indonesia ($424M), Russia ($327M), Australia ($291M), Democratic Republic of the Congo ($255M), and United States ($255M).

The fastest growing export markets for Stone Processing Machines of China between 2021 and 2022 were Democratic Republic of the Congo ($148M), Russia ($125M), and Indonesia ($115M).

Imports In 2022, China imported $441M in Stone Processing Machines, becoming the 10th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 373rd most imported product in China. China imports Stone Processing Machines primarily from: South Korea ($78.8M), Germany ($72.1M), Italy ($35.3M), United States ($31.1M), and United Kingdom ($30.3M).

The fastest growing import markets in Stone Processing Machines for China between 2021 and 2022 were South Korea ($38.4M), United States ($13M), and Indonesia ($4.26M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (67.9k), ELECTROLUX HOME PRODUCTS, INC. (10.7k), and IKEA SUPPLY AG (5.85k) were at the forefront of shipping Stone Processing Machines from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's Stone Processing Machines exports accounted up to $378M and imports accounted up to $20.9M, resulting in a positive trade balance of $357M. Between February 2023 and February 2024 the exports of China's Stone Processing Machines have increased by $57.8M (18.1%) from $320M to $378M, while imports decreased by $-2.6M (-11.1%) from $23.5M to $20.9M.

Destinations In February 2024, Stone Processing Machines were exported mostly to Russia ($46.2M), India ($31M), Indonesia ($24.6M), Australia ($23.7M), and Democratic Republic of the Congo ($19.8M), and were imported mostly from South Korea ($4.77M), Romania ($3.81M), Germany ($2.16M), India ($2.08M), and United States ($1.68M).

Growth In February 2024, the increase in Stone Processing Machines's year-by-year exports was explained primarily by an increase in exports to Russia ($30.3M or 153%), Australia ($17.2M or 109%), and Cameroon ($8.27M or 1.49k%). In February 2024, the decrease in Stone Processing Machines's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-5.14M or -49.5%), United Kingdom ($-2.28M or -96.2%), and Japan ($-1.47M or -47.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$57.8M(18.1%)

IMPORT GROWTH (February 2023 - February 2024)$-2.6M(-11.1%)

MAIN EXPORTER (February 2024)Zhejiang Province$60.6M

MAIN DESTINATION (February 2024)Russia$46.2M

This section shows Stone Processing Machines's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Stone Processing Machines over time.

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