HS Code:
The 'Crushed or Powdered' category, often classified under various HS Codes depending on the specific material (e.g., stone, minerals, or spices under HS Chapters 25 or 09), refers to products that have been processed into crushed or powdered form for industrial, culinary, or other uses. This category includes items such as crushed stone for construction, powdered spices for food preparation, and mineral powders for manufacturing. These products are essential in multiple industries, including construction, food processing, and pharmaceuticals, and are traded globally in significant volumes due to varying regional availability of raw materials and processing capabilities.
Total Trade Volume
Approximately $15 billion USD
Data from 2022
Source
United Nations Comtrade Database & World Trade Organization (WTO) Reports
$3.2 billion USD
21.3% of total trade of total trade
Increasing
$2.5 billion USD
16.7% of total trade of total trade
Increasing
$1.8 billion USD
12.0% of total trade of total trade
Stable
$1.2 billion USD
8.0% of total trade of total trade
Stable
$0.9 billion USD
6.0% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
15% (applied by certain developing nations to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for crushed stone in infrastructure projects
Increased trade volumes in regions with rapid urbanization, particularly in Asia and Africa, driving exports from resource-rich countries.
2021-2023
Growing preference for organic and sustainably sourced powdered spices
Shift in trade patterns favoring exporters with certifications for organic production, benefiting countries like India and Vietnam.
2020-2022
Technological advancements in powder processing
Enhanced quality and consistency of powdered products leading to higher demand in pharmaceutical and industrial applications, boosting trade for developed economies.
2019-2023
The European Union introduced new regulations in mid-2023 requiring stricter environmental and safety certifications for imported crushed and powdered minerals to reduce environmental impact.
June 2023
Potential increase in compliance costs for exporters to the EU, particularly affecting smaller producers in developing countries.
A bilateral agreement signed in early 2023 reduced tariffs on crushed stone and related products between the US and China, aiming to meet growing infrastructure demands.
March 2023
Expected to boost trade volume between the two countries, with China likely to increase exports of processed stone materials to the US.
India reported a 15% increase in powdered spice exports in 2022, driven by demand in North America and Europe for organic and premium spice blends.
December 2022
Strengthens India's position as a leading exporter, encouraging investment in sustainable farming and processing technologies.