2023
Exports
$264MWorld Rnk 6 / 186
Flag Rnk 513 / 1217
2023
PRODUCT COMPLEXITY IN Milling Stones
1.27Rnk 85 / 1025
2023
Imports
$550MWorld Rnk 1 / 220
Flag Rnk 498 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $264M in Milling Stones, making it the 6th largest exporter of Milling Stones in the world. At the same year, Milling Stones was the 513th most exported product in United States. The main destination of Milling Stones exports from United States are: Mexico ($66.1M), Canada ($47.6M), Chinese Taipei ($23.7M), Germany ($18M), and China ($13M).

The fastest growing export markets for Milling Stones of United States between 2022 and 2023 were Mexico ($4.84M), Canada ($4.42M), and India ($3.4M).

Imports In 2023, United States imported $550M in Milling Stones, becoming the 1st largest importer of Milling Stones in the world. At the same year, Milling Stones was the 498th most imported product in United States. United States imports Milling Stones primarily from: China ($76.4M), South Korea ($54.5M), Mexico ($48.3M), Italy ($47.7M), and Japan ($45.2M).

The fastest growing import markets in Milling Stones for United States between 2022 and 2023 were Germany ($10.3M), Switzerland ($9.25M), and Poland ($6.39M).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (315), CrimsonLogic (72), and Robert Bosch (60) were at the forefront of shipping Milling Stones to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-2.46M(-11.5%)
IMPORT GROWTH (November 2023 - November 2024)$2.48M(5.83%)
MAIN EXPORTER (November 2024)Massachusetts$3.67M
MAIN DESTINATION (November 2024)Mexico$5.38M

This section shows Milling Stones'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 Milling Stones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$264M
IMPORTS (2023)$550M
NET TRADE (2023)-$287M

In 2023, United States exported $264M in Milling Stones. The main destinations of United States exports on Milling Stones were Mexico ($66.1M), Canada ($47.6M), Chinese Taipei ($23.7M), Germany ($18M), and China ($13M).

In 2023, United States imported $550M in Milling Stones, mainly from China ($76.4M), South Korea ($54.5M), Mexico ($48.3M), Italy ($47.7M), and Japan ($45.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Milling Stones EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$4.84M (7.9%)
Canada$4.42M (10.2%)
India$3.4M (57.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milling Stones BY United States WERE (2022 - 2023):
Chinese Taipei-$8.34M (-26%)
China-$5.2M (-28.6%)
Philippines-$1.28M (-51%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Milling Stones were:
China $1.44B
Japan $476M
In 2023, United States's main importing competitors in Milling Stones were:

Explore Visualizations

Trade Value of Milling Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.77M
TOP IMPORT POTENTIALChina+ $30.3M

Milling Stones’s highest export potential is China. With an export gap of $6.77M.   Milling Stones’s highest import potential is China with an import gap of $30.3M.

See methodology.

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