2022
Exports
$7.12MWorld Rnk 26 / 120
Flag Rnk 541 / 1208
2022
PRODUCT COMPLEXITY IN Synthetic Reconstructed Jewellery Stones
-0.19Rnk 615 / 1025
2022
Imports
$44.5MWorld Rnk 14 / 158
Flag Rnk 529 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $7.12M in Synthetic Reconstructed Jewellery Stones, making it the 26th largest exporter of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 541st most exported product in Australia. The main destination of Synthetic Reconstructed Jewellery Stones exports from Australia are: India ($3.81M), United States ($1.06M), Hong Kong ($1.04M), New Zealand ($341k), and Thailand ($148k).

The fastest growing export markets for Synthetic Reconstructed Jewellery Stones of Australia between 2021 and 2022 were United States ($466k), Hong Kong ($373k), and New Zealand ($267k).

Imports In 2022, Australia imported $44.5M in Synthetic Reconstructed Jewellery Stones, becoming the 14th largest importer of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 529th most imported product in Australia. Australia imports Synthetic Reconstructed Jewellery Stones primarily from: India ($30.5M), United States ($8.65M), Hong Kong ($2.9M), China ($686k), and Israel ($635k).

The fastest growing import markets in Synthetic Reconstructed Jewellery Stones for Australia between 2021 and 2022 were India ($18.3M), United States ($5.01M), and Hong Kong ($2.47M).

COMPANIES In 2023, leading companies such as QVC Inc (1) were at the forefront of shipping Synthetic Reconstructed Jewellery Stones from Australia to the United States.

Latest Trends

Jul 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 Synthetic Reconstructed Jewellery 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 (2022)$7.12M
IMPORTS (2022)$44.5M
NET TRADE (2022)-$37.4M

In 2022, Australia exported $7.12M in Synthetic Reconstructed Jewellery Stones. The main destinations of Australia exports on Synthetic Reconstructed Jewellery Stones were India ($3.81M), United States ($1.06M), Hong Kong ($1.04M), New Zealand ($341k), and Thailand ($148k).

In 2022, Australia imported $44.5M in Synthetic Reconstructed Jewellery Stones, mainly from India ($30.5M), United States ($8.65M), Hong Kong ($2.9M), China ($686k), and Israel ($635k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Reconstructed Jewellery Stones EXPORT MARKETS FOR Australia WERE (2021 - 2022):
United States$466k (78.8%)
Hong Kong$373k (56.1%)
New Zealand$267k (361%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Reconstructed Jewellery Stones BY Australia WERE (2021 - 2022):
India-$9.66M (-71.7%)
Dominican Republic-$526k (-100%)
Vietnam-$492k (-94.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Synthetic Reconstructed Jewellery Stones were:
In 2022, Australia's main importing competitors in Synthetic Reconstructed Jewellery Stones were:

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Trade Value of Synthetic Reconstructed Jewellery Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $939k
TOP IMPORT POTENTIALIndia+ $1.48M

Synthetic Reconstructed Jewellery Stones’s highest export potential is United States. With an export gap of $939k.   Synthetic Reconstructed Jewellery Stones’s highest import potential is India with an import gap of $1.48M.

See methodology.

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