2023
Exports
$1.83BWorld Rnk 1 / 164
Flag Rnk 30 / 1212
2023
PRODUCT COMPLEXITY IN Precious Stones
-1.29Rnk 897 / 1025
2023
Imports
$872MWorld Rnk 5 / 184
Flag Rnk 61 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $1.83B in Precious Stones, making it the 1st largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 30th most exported product in Thailand. The main destination of Precious Stones exports from Thailand are: Hong Kong ($756M), United States ($404M), Italy ($152M), Switzerland ($119M), and China ($71.7M).

The fastest growing export markets for Precious Stones of Thailand between 2022 and 2023 were Hong Kong ($532M), United States ($102M), and Switzerland ($35.8M).

Imports In 2023, Thailand imported $872M in Precious Stones, becoming the 5th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 61st most imported product in Thailand. Thailand imports Precious Stones primarily from: Hong Kong ($167M), India ($119M), Mozambique ($108M), Sri Lanka ($88.1M), and Zambia ($55.6M).

The fastest growing import markets in Precious Stones for Thailand between 2022 and 2023 were Hong Kong ($58.1M), Sri Lanka ($38M), and Switzerland ($36M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Precious Stones. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.83B
IMPORTS (2023)$872M
NET TRADE (2023)$956M

In 2023, Thailand exported $1.83B in Precious Stones. The main destinations of Thailand exports on Precious Stones were Hong Kong ($756M), United States ($404M), Italy ($152M), Switzerland ($119M), and China ($71.7M).

In 2023, Thailand imported $872M in Precious Stones, mainly from Hong Kong ($167M), India ($119M), Mozambique ($108M), Sri Lanka ($88.1M), and Zambia ($55.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Hong Kong$532M (238%)
United States$102M (34%)
Switzerland$35.8M (43.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Thailand WERE (2022 - 2023):
India-$37.8M (-35.6%)
Singapore-$16.9M (-70.4%)
United Arab Emirates-$13.2M (-34.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Precious Stones were:
In 2023, Thailand's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $57.7M
TOP IMPORT POTENTIALIndia+ $7.12M

Precious Stones’s highest export potential is China. With an export gap of $57.7M.   Precious Stones’s highest import potential is India with an import gap of $7.12M.

See methodology.

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