Jewellery and parts of precious metal except silver

711319 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Jewellery and parts of precious metal except silver. In 2023, Jewellery and parts of precious metal except silver were the world's 23rd most traded product, with a total trade of $104B. Between 2022 and 2023 the exports of Jewellery and parts of precious metal except silver grew by 13.1%, from $92B to $104B. Trade in Jewellery and parts of precious metal except silver represent 0.46% of total world trade.

Jewellery and parts of precious metal except silver are a part of Jewellery.

Exports In 2023 the top exporters of Jewellery and parts of precious metal except silver  were Italy ($11.5B), India ($11.2B), China ($10.5B), France ($9.82B), and Switzerland ($9.68B).

Imports In 2023 the top importers of Jewellery and parts of precious metal except silver were Hong Kong ($19.6B), United Arab Emirates ($16.3B), United States ($11.4B), Switzerland ($9.29B), and Singapore ($4.77B).

Ranking Jewellery and parts of precious metal except silver ranks 2893rd in the Product Complexity Index (PCI).

Description Jewellery can be made of gold, silver, or a combination of the two, and are often used to decorate the body. Gold and silver are precious metals and are used for making jewellery and coins. Silver is mainly used to make coins.

Latest Data

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The following visualization shows the latest trends on Jewellery and parts of precious metal except silver. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Italy$11.5B
Top Destination (2023)Hong Kong$19.6B

In 2023 Jewellery and parts of precious metal except silver were the world's 23rd most traded product (out of 4,644).

In 2023, the top exporters of Jewellery and parts of precious metal except silver were Italy ($11.5B), India ($11.2B), China ($10.5B), France ($9.82B), and Switzerland ($9.68B).

In 2023, the top importers of Jewellery and parts of precious metal except silver were Hong Kong ($19.6B), United Arab Emirates ($16.3B), United States ($11.4B), Switzerland ($9.29B), and Singapore ($4.77B).

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Exporters of Jewellery and parts of precious metal except silver (2023)
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Importers of Jewellery and parts of precious metal except silver (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$2.13B
Top Destination Growth (2022 -  2023)United Arab Emirates$4.82B

Between 2022 and 2023, the exports of Jewellery and parts of precious metal except silver grew the fastest in Switzerland ($2.13B), Italy ($1.89B), India ($1.55B), Hong Kong ($1.47B), and France ($1.28B).

Between 2022 and 2023, the fastest growing importers of Jewellery and parts of precious metal except silver were United Arab Emirates ($4.82B), Hong Kong ($3.73B), Turkey ($1.2B), United States ($1.02B), and China ($691M).

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Exporters of Jewellery and parts of precious metal except silver (2022 - 2023)

Importers of Jewellery and parts of precious metal except silver (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Jewellery and parts of precious metal except silver.

In 2023, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Jewellery and parts of precious metal except silver are explained by 18 countries.

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Value of Exports in Jewellery and parts of precious metal except silver

Net Trade

TOP NET EXPORTER (2023)India$9.68B
TOP NET IMPORTER (2023)Hong Kong$14.6B

This map shows which countries export or import more of Jewellery and parts of precious metal except silver. Each country is colored based on the difference in exports and imports of Jewellery and parts of precious metal except silver during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Jewellery and parts of precious metal except silver were India ($9.68B), Italy ($9.67B), China ($6.83B), France ($5.55B), and Turkey ($4.89B).

In 2023, the countries that had a largest trade value in imports than in exports of Jewellery and parts of precious metal except silver were Hong Kong ($14.6B), United Arab Emirates ($8.41B), United States ($3.43B), Iraq ($2.66B), and Singapore ($2.56B).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Jewellery and parts of precious metal except silver.
It is possible to select the main countries that export or import Jewellery and parts of precious metal except silver in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Jewellery and parts of precious metal except silver by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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