2023
Exports
$1.03BWorld Rnk 6 / 198
Flag Rnk 75 / 1212
2023
PRODUCT COMPLEXITY IN Stone Processing Machines
0.43Rnk 399 / 1025
2023
Imports
$548MWorld Rnk 10 / 224
Flag Rnk 165 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $1.03B in Stone Processing Machines, making it the 6th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 75th most exported product in India. The main destination of Stone Processing Machines exports from India are: United States ($118M), Australia ($57.9M), Russia ($51.9M), South Africa ($42.8M), and China ($42.5M).

The fastest growing export markets for Stone Processing Machines of India between 2022 and 2023 were Russia ($27M), Kazakhstan ($26.7M), and South Africa ($19.1M).

Imports In 2023, India imported $548M 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 165th most imported product in India. India imports Stone Processing Machines primarily from: China ($235M), Germany ($90.4M), Italy ($61.2M), United States ($20.8M), and South Korea ($17.5M).

The fastest growing import markets in Stone Processing Machines for India between 2022 and 2023 were Italy ($16.9M), Germany ($9.92M), and South Korea ($9.27M).

COMPANIES In 2023, leading companies such as Ford Motor Company (111), IKEA Group (88), and DuPont (40) were at the forefront of shipping Stone Processing Machines from India to the United States.

Latest Trends

Dec 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 Stone Processing Machines. 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 (2023)$1.03B
IMPORTS (2023)$548M
NET TRADE (2023)$482M

In 2023, India exported $1.03B in Stone Processing Machines. The main destinations of India exports on Stone Processing Machines were United States ($118M), Australia ($57.9M), Russia ($51.9M), South Africa ($42.8M), and China ($42.5M).

In 2023, India imported $548M in Stone Processing Machines, mainly from China ($235M), Germany ($90.4M), Italy ($61.2M), United States ($20.8M), and South Korea ($17.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR India WERE (2022 - 2023):
Russia$27M (108%)
Kazakhstan$26.7M (562%)
South Africa$19.1M (80.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY India WERE (2022 - 2023):
Nepal-$10.6M (-34.6%)
Finland-$10.4M (-43.4%)
Netherlands-$9.55M (-29.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Stone Processing Machines were:
In 2023, India's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $63.8M
TOP IMPORT POTENTIALChina+ $127M

Stone Processing Machines’s highest export potential is United States. With an export gap of $63.8M.   Stone Processing Machines’s highest import potential is China with an import gap of $127M.

See methodology.

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