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2023
Exports $217MWorld Rnk 16 / 164
Flag Rnk 739 / 1215
2023
Destination $20.2M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $20.2MHong Kong
2023
PRODUCT COMPLEXITY IN Precious Stones-1.29Rnk 897 / 1025
2023
Imports $1.25BWorld Rnk 3 / 184
Flag Rnk 186 / 1214
2023
Origin $21.3M Burma
2022 - 2023
FASTEST GROWING ORIGIN $21.3MBrazil
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $217M in Precious Stones, making it the 16th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 739th most exported product in China. The main destination of Precious Stones exports from China are: Hong Kong ($117M), Japan ($14.9M), France ($11.5M), Thailand ($10.7M), and United States ($10.2M).

The fastest growing export markets for Precious Stones of China between 2022 and 2023 were Hong Kong ($20.2M), France ($5.92M), and Thailand ($4.59M).

Imports In 2023, China imported $1.25B in Precious Stones, becoming the 3rd largest importer of Precious Stones in the world. At the same year, Precious Stones was the 186th most imported product in China. China imports Precious Stones primarily from: Burma ($841M), Thailand ($71.7M), Madagascar ($53.6M), Brazil ($51.8M), and Uruguay ($34.5M).

The fastest growing import markets in Precious Stones for China between 2022 and 2023 were Brazil ($21.3M), Thailand ($13.3M), and Uruguay ($9.27M).

COMPANIES In 2024, leading companies such as Ameziel (256), CrimsonLogic (87), and Amazon (34) were at the forefront of shipping Precious Stones from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Precious Stones exports accounted up to $10.8M and imports accounted up to $23.9M, resulting in a negative trade balance of $13M. Between December 2023 and December 2024 the exports of China's   Precious Stones have increased by $6.95M (178%) from $3.9M to $10.8M, while imports decreased by $-8.1M (-25.3%) from $32M to $23.9M.

Destinations In December 2024, Precious Stones were exported mostly to Switzerland ($9.63M), Hong Kong ($598k), Thailand ($217k), United States ($85.9k), and Philippines ($74.1k), and were imported mostly from Thailand ($4.28M), South Africa ($2.87M), Russia ($2.18M), Uruguay ($1.82M), and Burma ($1.58M).

Growth In December 2024, the increase in Precious Stones's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($1.36M or 489%), France ($198k or 681%), and Germany ($173k or 8.1k%). In December 2024, the decrease in Precious Stones's year-by-year imports was explained primarily by a decrease in imports from Burma ($-62.3M or -89.2%), Kazakhstan ($-140k or -48.9%), and South Korea ($-116k or -28.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$6.95M(178%)
IMPORT GROWTH (December 2023 - December 2024)$-8.1M(-25.3%)
MAIN EXPORTER (December 2024)Shanghai Province$13.1M
MAIN DESTINATION (December 2024)Switzerland$9.63M

This section shows Precious Stones's exports and imports data at subnational level for China. 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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$217M
IMPORTS (2023)$1.25B
NET TRADE (2023)-$1.03B

In 2023, China exported $217M in Precious Stones. The main destinations of China exports on Precious Stones were Hong Kong ($117M), Japan ($14.9M), France ($11.5M), Thailand ($10.7M), and United States ($10.2M).

In 2023, China imported $1.25B in Precious Stones, mainly from Burma ($841M), Thailand ($71.7M), Madagascar ($53.6M), Brazil ($51.8M), and Uruguay ($34.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR China WERE (2022 - 2023):
Hong Kong$20.2M (20.7%)
France$5.92M (106%)
Thailand$4.59M (75.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY China WERE (2022 - 2023):
United States-$2.84M (-21.8%)
United Kingdom-$1.98M (-48.5%)
Vietnam-$1.2M (-83.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Precious Stones were:
Thailand $1.83B
United States $1.29B
Hong Kong $1.17B
In 2023, China's main importing competitors in Precious Stones were:
Hong Kong $3.03B
United States $2.33B

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.7M
TOP IMPORT POTENTIALThailand+ $57.7M

Precious Stones’s highest export potential is United States. With an export gap of $11.7M.   Precious Stones’s highest import potential is Thailand with an import gap of $57.7M.

See methodology.

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