2022
Exports
$89.8MWorld Rnk 13 / 177
Flag Rnk 449 / 1212
2022
PRODUCT COMPLEXITY IN Milling Stones
1.24Rnk 102 / 1025
2022
Imports
$321MWorld Rnk 4 / 220
Flag Rnk 233 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $89.8M in Milling Stones, making it the 13th largest exporter of Milling Stones in the world. At the same year, Milling Stones was the 449th most exported product in India. The main destination of Milling Stones exports from India are: United States ($17.4M), Switzerland ($13.5M), Germany ($12.2M), Austria ($8.22M), and United Arab Emirates ($3.46M).

The fastest growing export markets for Milling Stones of India between 2021 and 2022 were Austria ($6.94M), Switzerland ($1.38M), and Finland ($766k).

Imports In 2022, India imported $321M in Milling Stones, becoming the 4th largest importer of Milling Stones in the world. At the same year, Milling Stones was the 233rd most imported product in India. India imports Milling Stones primarily from: China ($213M), Japan ($16.3M), Italy ($16.2M), Philippines ($15.8M), and Germany ($12.3M).

The fastest growing import markets in Milling Stones for India between 2021 and 2022 were China ($2.57M), Austria ($955k), and United States ($532k).

COMPANIES In 2023, leading companies such as Hilti Power Tools (15) and Robert Bosch (2) were at the forefront of shipping Milling Stones from India to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Milling Stones. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$89.8M
IMPORTS (2022)$321M
NET TRADE (2022)-$231M

In 2022, India exported $89.8M in Milling Stones. The main destinations of India exports on Milling Stones were United States ($17.4M), Switzerland ($13.5M), Germany ($12.2M), Austria ($8.22M), and United Arab Emirates ($3.46M).

In 2022, India imported $321M in Milling Stones, mainly from China ($213M), Japan ($16.3M), Italy ($16.2M), Philippines ($15.8M), and Germany ($12.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milling Stones EXPORT MARKETS FOR India WERE (2021 - 2022):
Austria$6.94M (542%)
Switzerland$1.38M (11.4%)
Finland$766k (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milling Stones BY India WERE (2021 - 2022):
United Arab Emirates-$1.95M (-36%)
Germany-$1.49M (-10.9%)
Nepal-$713k (-44.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Milling Stones were:
In 2022, India's main importing competitors in Milling Stones were:

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Trade Value of Milling Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.67M
TOP IMPORT POTENTIALChina+ $53.8M

Milling Stones’s highest export potential is United States. With an export gap of $8.67M.   Milling Stones’s highest import potential is China with an import gap of $53.8M.

See methodology.

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