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2022
Exports $5.39BWorld Rnk 1 / 194
Flag Rnk 134 / 1216
2022
Destination $148M Indonesia
2021 - 2022
FASTEST GROWING MARKET $148MDemocratic Republic of the Congo
2022
PRODUCT COMPLEXITY IN Stone Processing Machines0.41Rnk 405 / 1025
2022
Imports $441MWorld Rnk 10 / 223
Flag Rnk 373 / 1212
2022
Origin $38.4M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $38.4MSouth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

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 Walmart (955), Electrolux (389), and DuPont (135) were at the forefront of shipping Stone Processing Machines from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Stone Processing Machines exports accounted up to $497M and imports accounted up to $29.3M, resulting in a positive trade balance of $468M. Between October 2023 and October 2024 the exports of China's   Stone Processing Machines have increased by $96.7M (24.1%) from $401M to $497M, while imports increased by $322k (1.11%) from $28.9M to $29.3M.

Destinations In October 2024, Stone Processing Machines were exported mostly to Russia ($60.1M), Indonesia ($41.9M), Australia ($24.8M), United States ($23.8M), and Democratic Republic of the Congo ($22.7M), and were imported mostly from Austria ($7.48M), Germany ($4.56M), Australia ($4.09M), Italy ($2.58M), and India ($1.31M).

Growth In October 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 October 2024, the increase in Stone Processing Machines's year-by-year imports was explained primarily by an increase in imports from Denmark ($2.13M or 5.61k%), Sweden ($1.95M or 199%), and India ($1.4M or 59%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$96.7M(24.1%)
IMPORT GROWTH (October 2023 - October 2024)$322k(1.11%)
MAIN EXPORTER (October 2024)Henan Province$76M
MAIN DESTINATION (October 2024)Russia$60.1M

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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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.39B
IMPORTS (2022)$441M
NET TRADE (2022)$4.95B

In 2022, China exported $5.39B in Stone Processing Machines. The main destinations of China exports on Stone Processing Machines were Indonesia ($424M), Russia ($327M), Australia ($291M), Democratic Republic of the Congo ($255M), and United States ($255M).

In 2022, China imported $441M in Stone Processing Machines, mainly from South Korea ($78.8M), Germany ($72.1M), Italy ($35.3M), United States ($31.1M), and United Kingdom ($30.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR China WERE (2021 - 2022):
Democratic Republic of the Congo$148M (139%)
Russia$125M (61.7%)
Indonesia$115M (37%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY China WERE (2021 - 2022):
Mongolia-$25.9M (-30.2%)
Ukraine-$25.8M (-66.3%)
Kenya-$23.9M (-31.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Stone Processing Machines were:
Germany $2.15B
Italy $1.58B
In 2022, China's main importing competitors in Stone Processing Machines were:
United States $2.34B
Germany $840M
Canada $831M

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $127M
TOP IMPORT POTENTIALIndia+ $35.9M

Stone Processing Machines’s highest export potential is India. With an export gap of $127M.   Stone Processing Machines’s highest import potential is India with an import gap of $35.9M.

See methodology.

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