Granite in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $23.8M in Granite, making it the 14th largest exporter of Granite in the world. At the same year, Granite was the 960th most exported product in United States. The main destination of Granite exports from United States are: Canada ($13M), Italy ($3.29M), China ($2.69M), United Kingdom ($604k), and Bahamas ($498k).

The fastest growing export markets for Granite of United States between 2021 and 2022 were Canada ($2.83M), Italy ($1.88M), and Costa Rica ($430k).

Imports In 2022, United States imported $47.7M in Granite, becoming the 9th largest importer of Granite in the world. At the same year, Granite was the 982nd most imported product in United States. United States imports Granite primarily from: India ($18.3M), Canada ($10.4M), South Africa ($4.49M), China ($3.68M), and Italy ($3.03M).

The fastest growing import markets in Granite for United States between 2021 and 2022 were Italy ($2.17M), Suriname ($1.95M), and China ($1.03M).

COMPANIES In 2023, leading companies such as Bedrosians Tile & Stone (522), Cosentino (131), and Amazon (39) were at the forefront of shipping Granite to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Granite exports accounted up to $2.3M and imports accounted up to $2.81M, resulting in a negative trade balance of $516k. Between August 2023 and August 2024 the exports of United States' Granite have increased by $836k (57.1%) from $1.46M to $2.3M, while imports decreased by $-4.25M (-60.2%) from $7.06M to $2.81M.

Destinations In August 2024, Granite were exported mostly to Canada ($1.62M), China ($210k), Germany ($130k), Italy ($117k), and New Zealand ($71k), and were imported mostly from Canada ($1.58M), India ($570k), China ($179k), Italy ($174k), and South Africa ($151k).

Growth In August 2024, the increase in Granite's year-by-year exports was explained primarily by an increase in exports to Canada ($289k or 68%), United Kingdom ($34.9k or 1.12k%), and Mexico ($24.3k or 217%). In August 2024, the decrease in Granite's year-by-year imports was explained primarily by a decrease in imports from India ($-667k or -66.1%), Canada ($-17.5k or -2.66%), and Mexico ($-136 or -6.29%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)$836k(57.1%)

IMPORT GROWTH (August 2023 - August 2024)$-4.25M(-60.2%)

MAIN EXPORTER (August 2024)Vermont$960k

MAIN DESTINATION (August 2024)Canada$1.62M

This section shows Granite's exports and imports data at subnational level for United States. 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 Granite over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$23.8M

IMPORTS (2022)$47.7M

NET TRADE (2022)-$23.9M

In 2022, United States exported $23.8M in Granite. The main destinations of United States exports on Granite were Canada ($13M), Italy ($3.29M), China ($2.69M), United Kingdom ($604k), and Bahamas ($498k).

In 2022, United States imported $47.7M in Granite, mainly from India ($18.3M), Canada ($10.4M), South Africa ($4.49M), China ($3.68M), and Italy ($3.03M).

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