JewelleryJewellery articles and parts thereof, of precious metal or of metal clad with precious metal
7113 (Harmonized System 1992 for 4-digit)
2021 World Trade: $93.5B, Rnk 32 / 1217
2021 Top Exporter | Top Importer: $11.8B | $18.4B, China | Hong Kong
2021 Product Complexity: -0.41, Rnk 682 / 1024
2020 - 2021 Export Growth (CAGR): 44.8%, Rnk 150 / 1217
2018 Mean Tariff: 13.2%, Rnk 253 / 1259
2021 Share of World Trade: 0.44%, Rnk 32 / 1217
Overview This page contains the latest trade data of Jewellery. In 2021, Jewellery were the world's 32nd most traded product, with a total trade of $93.5B. Between 2020 and 2021 the exports of Jewellery grew by 44.8%, from $64.6B to $93.5B. Trade in Jewellery represent 0.44% of total world trade.
Jewellery are a part of Precious stones, metals, & pearls. They include Jewellery and parts of precious metal except silver, Jewellery and parts, silver, including plated silver, and Jewellery, parts, base metal clad with precious metal.
Exports In 2021 the top exporters of Jewellery were China ($11.8B), India ($10.7B), Switzerland ($9.35B), Italy ($9.01B), and United Arab Emirates ($7.76B).
Imports In 2021 the top importers of Jewellery were Hong Kong ($18.4B), United States ($13.3B), United Arab Emirates ($9.05B), Switzerland ($8B), and France ($4.04B).
Tariffs In 2018 the average tariff for Jewellery was 13.2%, making it the 253rd lowest tariff using the HS4 product classification.
Ranking Jewellery ranks 682nd in the Product Complexity Index (PCI).
Description Jewellery is a product that is used to decorate the body. Jewellery can be made from many different materials, including gold, silver, and platinum.
The following visualization shows the latest trends on Jewellery. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Jewellery are the world's 32nd most traded product.
In 2021, the top exporters of Jewellery were China ($11.8B), India ($10.7B), Switzerland ($9.35B), Italy ($9.01B), and United Arab Emirates ($7.76B).
In 2021, the top importers of Jewellery were Hong Kong ($18.4B), United States ($13.3B), United Arab Emirates ($9.05B), Switzerland ($8B), and France ($4.04B).
Trade by country
Top Origin Growth (2020 - 2021): China, $4.5B
Top Destination Growth (2020 - 2021): United States, $5.78B
Between 2020 and 2021, the exports of Jewellery grew the fastest in China ($4.5B), Italy ($3.62B), Turkey ($3.29B), India ($3.15B), and United Arab Emirates ($2.5B).
Between 2020 and 2021, the fastest growing importers of Jewellery were United States ($5.78B), Hong Kong ($5.31B), United Arab Emirates ($3.39B), China ($1.35B), and Saudi Arabia ($1.05B).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Jewellery.
In 2021, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Jewellery are explained by 18 countries.
This map shows which countries export or import more of Jewellery. Each country is colored based on the difference in exports and imports of Jewellery during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Jewellery were India ($9.96B), China ($8.06B), Italy ($6.77B), Turkey ($5.93B), and Thailand ($3B).
In 2021, the countries that had a largest trade value in imports than in exports of Jewellery were Hong Kong ($14.7B), United States ($6.77B), Iraq ($2.2B), United Arab Emirates ($1.28B), and Saudi Arabia ($1.23B).
In 2021, the world most traded Jewellery, disaggragated by their HS6 level were Jewellery and parts of precious metal... ($84.2B), Jewellery and parts, silver, including plated... ($9.03B), and Jewellery, parts, base metal clad with... ($331M)
This visualization shows the countries that have an important ratio of their trade related to Jewellery. It is possible to select the main countries that export or import Jewellery in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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