2023
Exports
$57.4BWorld Rnk 3 / 221
Flag Rnk 9 / 96
2023
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.86Rnk 225 / 1025
2023
Imports
$75BWorld Rnk 5 / 223
Flag Rnk 8 / 96
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $57.4B in Precious stones, metals, & pearls, making it the 3rd largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 9th most exported product in United States. The main destination of Precious stones, metals, & pearls exports from United States are: Switzerland ($17.2B), United Kingdom ($9.23B), Canada ($5.66B), Hong Kong ($5.47B), and United Arab Emirates ($2.42B).

The fastest growing export markets for Precious stones, metals, & pearls of United States between 2022 and 2023 were Australia ($837M), Hong Kong ($683M), and United Arab Emirates ($469M).

Imports In 2023, United States imported $75B in Precious stones, metals, & pearls, becoming the 5th largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 8th most imported product in United States. United States imports Precious stones, metals, & pearls primarily from: India ($12.2B), Canada ($9.87B), South Africa ($6.82B), Israel ($5.77B), and Mexico ($4.12B).

The fastest growing import markets in Precious stones, metals, & pearls for United States between 2022 and 2023 were Canada ($4.36B), France ($869M), and Colombia ($367M).

COMPANIES In 2023, leading companies such as CrimsonLogic (595), Amazon (340), and Ameziel (281) were at the forefront of shipping Precious stones, metals, & pearls to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$972M(20.9%)
IMPORT GROWTH (November 2023 - November 2024)$1.5B(21.3%)
MAIN EXPORTER (November 2024)New York$5.43B
MAIN DESTINATION (November 2024)Switzerland$841M

This section shows Precious stones, metals, & pearls's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Precious stones, metals, & pearls over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$57.4B
IMPORTS (2023)$75B
NET TRADE (2023)-$17.6B

In 2023, United States exported $57.4B in Precious stones, metals, & pearls. The main destinations of United States exports on Precious stones, metals, & pearls were Switzerland ($17.2B), United Kingdom ($9.23B), Canada ($5.66B), Hong Kong ($5.47B), and United Arab Emirates ($2.42B).

In 2023, United States imported $75B in Precious stones, metals, & pearls, mainly from India ($12.2B), Canada ($9.87B), South Africa ($6.82B), Israel ($5.77B), and Mexico ($4.12B).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR United States WERE (2022 - 2023):
Australia$837M (73.4%)
Hong Kong$683M (14.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY United States WERE (2022 - 2023):
Switzerland-$6.7B (-28.1%)
India-$5.57B (-69.8%)
United Kingdom-$815M (-8.11%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Precious stones, metals, & pearls were:
In 2023, United States's main importing competitors in Precious stones, metals, & pearls were:

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Trade Value of Precious stones, metals, & pearls by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $871M
TOP IMPORT POTENTIALCanada+ $2.57B

Precious stones, metals, & pearls’s highest export potential is Canada. With an export gap of $871M.   Precious stones, metals, & pearls’s highest import potential is Canada with an import gap of $2.57B.

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