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680423 (Harmonized System 1992 for 6-digit)

2023
World Trade $103MRnk 4043 / 4644
2023
Top Exporter | Top Importer $30M | $31.2MMexico | United States
2023
Product Complexity 0.23Rnk 2144 / 4656
2022 - 2023
Export Growth (CAGR) -12.3%Rnk 2953 / 4644
2023
Share of World Trade 0.00046%Rnk 4043 / 4644

About

Overview This page contains the latest trade data of Millstones, grindstones etc of natural stone. In 2023, Millstones, grindstones etc of natural stone were the world's 4043rd most traded product, with a total trade of $103M. Between 2022 and 2023 the exports of Millstones, grindstones etc of natural stone decreased by -12.3%, from $118M to $103M. Trade in Millstones, grindstones etc of natural stone represent 0.00046% of total world trade.

Millstones, grindstones etc of natural stone are a part of Milling Stones.

Exports In 2023 the top exporters of Millstones, grindstones etc of natural stone  were Mexico ($30M), China ($21.4M), United States ($9.64M), Japan ($7.98M), and Thailand ($5.37M).

Imports In 2023 the top importers of Millstones, grindstones etc of natural stone were United States ($31.2M), India ($6.63M), Singapore ($6.53M), Mexico ($6.44M), and Thailand ($4.66M).

Ranking Millstones, grindstones etc of natural stone ranks 2144th in the Product Complexity Index (PCI).

Description Millstones, grindstones, and other tools of milling, grinding, and polishing are made from various types of natural stone, such as marble, granite, sandstone, and quartzite.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Millstones, grindstones etc of natural stone. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Mexico$30M
Top Destination (2023)United States$31.2M

In 2023 Millstones, grindstones etc of natural stone were the world's 4043rd most traded product (out of 4,644).

In 2023, the top exporters of Millstones, grindstones etc of natural stone were Mexico ($30M), China ($21.4M), United States ($9.64M), Japan ($7.98M), and Thailand ($5.37M).

In 2023, the top importers of Millstones, grindstones etc of natural stone were United States ($31.2M), India ($6.63M), Singapore ($6.53M), Mexico ($6.44M), and Thailand ($4.66M).

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Exporters of Millstones, grindstones etc of natural stone (2023)
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Importers of Millstones, grindstones etc of natural stone (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Thailand$1.91M
Top Destination Growth (2022 -  2023)Cambodia$1.46M

Between 2022 and 2023, the exports of Millstones, grindstones etc of natural stone grew the fastest in Thailand ($1.91M), China ($648k), Germany ($588k), Singapore ($570k), and Israel ($352k).

Between 2022 and 2023, the fastest growing importers of Millstones, grindstones etc of natural stone were Cambodia ($1.46M), Singapore ($993k), Costa Rica ($797k), India ($663k), and United Arab Emirates ($597k).

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Exporters of Millstones, grindstones etc of natural stone (2022 - 2023)

Importers of Millstones, grindstones etc of natural stone (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Millstones, grindstones etc of natural stone.

In 2023, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Millstones, grindstones etc of natural stone are explained by 12 countries.

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Value of Exports in Millstones, grindstones etc of natural stone

Net Trade

TOP NET EXPORTER (2023)Mexico$23.5M
TOP NET IMPORTER (2023)United States$21.6M

This map shows which countries export or import more of Millstones, grindstones etc of natural stone. Each country is colored based on the difference in exports and imports of Millstones, grindstones etc of natural stone during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Millstones, grindstones etc of natural stone were Mexico ($23.5M), China ($16.7M), Japan ($7.39M), Chinese Taipei ($2.39M), and Germany ($1.97M).

In 2023, the countries that had a largest trade value in imports than in exports of Millstones, grindstones etc of natural stone were United States ($21.6M), India ($4.87M), Singapore ($4.8M), Philippines ($2.25M), and Costa Rica ($2.15M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Millstones, grindstones etc of natural stone.
It is possible to select the main countries that export or import Millstones, grindstones etc of natural stone in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Millstones, grindstones etc of natural stone by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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