# HS 846040 For Honing Or Lapping global trade data overview...

Reported global trade in for honing or lapping reached $323.8M in 2024, with five-year annual growth of -5.4%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $465.8M | -21.6% | +19.6% |
| 2014 | $474.9M | +2% | +2.6% |
| 2015 | $391.5M | -17.6% | -13% |
| 2016 | $408.6M | +4.4% | -4.3% |
| 2017 | $394.5M | -3.5% | -6% |
| 2018 | $495.5M | +25.6% | +8.2% |
| 2019 | $428.2M | -13.6% | +1.6% |
| 2020 | $332.7M | -22.3% | -5.5% |
| 2021 | $301.4M | -9.4% | -15.3% |
| 2022 | $296.5M | -1.6% | -11.5% |
| 2023 | $322.6M | +8.8% | -1% |
| 2024 | $323.8M | +0.3% | +2.4% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $70.7M | -11.4% | 23 |
| USA | $31.1M | +6.3% | 26 |
| India | $30.2M | +0.9% | 28 |
| Thailand | $22.9M | +1.2% | 32 |
| Mexico | $16.8M | +9% | 49 |
| Germany | $11.1M | -8.2% | 34 |
| Canada | $9.4M | +24.1% | 15 |
| Turkey | $8.6M | +7.4% | 14 |
| Japan | $7.8M | -5.1% | 14 |
| Viet Nam | $7.7M | -16.8% | 16 |
| France | $7.5M | +8.5% | 23 |
| Russia | $7.0M | +17.3% | 9 |

_Source: reported merchandise trade data. Updated 2026-08-14._