HS Code:
The 'Crude or roughly trimmed' category under the Harmonized System (HS) Code typically refers to raw or minimally processed materials such as stone, wood, or other natural resources that have been extracted or harvested but not significantly refined or shaped for final use. This category often includes products like rough marble, granite, timber, or other materials used as inputs for further processing in construction, manufacturing, or other industries. These goods are traded globally due to their essential role in industrial supply chains, with trade patterns influenced by resource availability, labor costs, and regional demand for construction and infrastructure development.
Total Trade Volume
USD 15.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 3.1 billion
20.4% of total trade of total trade
Increasing
USD 2.8 billion
18.4% of total trade of total trade
Increasing
USD 1.9 billion
12.5% of total trade of total trade
Stable
USD 1.5 billion
9.9% of total trade of total trade
Increasing
USD 1.2 billion
7.9% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-FTA or NAFTA successor USMCA)
Growing demand for sustainable materials
Increased focus on eco-friendly extraction and certification is pushing exporters to adopt greener practices, influencing trade costs and competitiveness.
2021-2022
Rise in infrastructure projects in Asia-Pacific
Surging demand for crude materials like stone and timber in countries like India and Indonesia is shifting trade flows toward the region.
2020-2022
Digitalization of supply chains
Adoption of blockchain and tracking technologies is improving transparency in the trade of crude materials, reducing fraud and enhancing market efficiency.
2022
The European Union introduced stricter environmental standards for the import of crude materials, requiring certification of sustainable sourcing.
June 2023
Exporters from non-compliant regions may face higher costs or market access barriers, potentially reshaping trade patterns.
A bilateral agreement reduced tariffs on crude stone and timber trade between India and Brazil, boosting export volumes.
March 2023
This has strengthened Brazilโs position in the Indian market, increasing competition for other exporters like Turkey.
China announced a major infrastructure stimulus package, increasing demand for imported crude materials for construction projects.
September 2022
This has led to a spike in imports, benefiting key exporters like Italy and Brazil, and driving up global prices.