711311 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Jewellery and parts, silver, including plated silver. In 2022, Jewellery and parts, silver, including plated silver were the world's 389th most traded product, with a total trade of $10B. Between 2021 and 2022 the exports of Jewellery and parts, silver, including plated silver grew by 9.46%, from $9.16B to $10B. Trade in Jewellery and parts, silver, including plated silver represent 0.042% of total world trade.

Jewellery and parts, silver, including plated silver are a part of Jewellery.

Exports In 2022 the top exporters of Jewellery and parts, silver, including plated silver  were India ($3.16B), Thailand ($2.07B), China ($1.03B), Germany ($826M), and Italy ($801M).

Imports In 2022 the top importers of Jewellery and parts, silver, including plated silver were Hong Kong ($3.09B), United States ($1.8B), Germany ($690M), Italy ($487M), and United Kingdom ($457M).

Ranking Jewellery and parts, silver, including plated silver ranks 3079th in the Product Complexity Index (PCI).

Description Jewellery and parts, silver are commonly used for necklaces, bracelets, and rings. Silver plating, which is not pure silver, is used for decorative purposes and to provide a durable, shiny, and affordable option to silver.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Jewellery and parts, silver, including plated 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 (2022)India$3.16B
Top Destination (2022)Hong Kong$3.09B

In 2022 Jewellery and parts, silver, including plated silver were the world's 389th most traded product (out of 4,648).

In 2022, the top exporters of Jewellery and parts, silver, including plated silver were India ($3.16B), Thailand ($2.07B), China ($1.03B), Germany ($826M), and Italy ($801M).

In 2022, the top importers of Jewellery and parts, silver, including plated silver were Hong Kong ($3.09B), United States ($1.8B), Germany ($690M), Italy ($487M), and United Kingdom ($457M).

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Exporters of Jewellery and parts, silver, including plated silver (2022)
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Importers of Jewellery and parts, silver, including plated silver (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$995M
Top Destination Growth (2021 -  2022)Hong Kong$932M

Between 2021 and 2022, the exports of Jewellery and parts, silver, including plated silver grew the fastest in India ($995M), Thailand ($167M), United States ($61.9M), United Kingdom ($32M), and South Africa ($18.1M).

Between 2021 and 2022, the fastest growing importers of Jewellery and parts, silver, including plated silver were Hong Kong ($932M), India ($72.9M), Mexico ($65M), Thailand ($43.8M), and Spain ($41.8M).

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Exporters of Jewellery and parts, silver, including plated silver (2021 - 2022)

Importers of Jewellery and parts, silver, including plated silver (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Jewellery and parts, silver, including plated silver.

In 2022, market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Jewellery and parts, silver, including plated silver are explained by 10 countries.

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Value of Exports in Jewellery and parts, silver, including plated silver

Net Trade

TOP NET EXPORTER (2022)India$3.02B
TOP NET IMPORTER (2022)Hong Kong$2.91B

This map shows which countries export or import more of Jewellery and parts, silver, including plated silver. Each country is colored based on the difference in exports and imports of Jewellery and parts, silver, including plated silver during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Jewellery and parts, silver, including plated silver were India ($3.02B), Thailand ($1.87B), China ($875M), Italy ($314M), and Germany ($136M).

In 2022, the countries that had a largest trade value in imports than in exports of Jewellery and parts, silver, including plated silver were Hong Kong ($2.91B), United States ($1.27B), United Kingdom ($370M), Canada ($233M), and France ($155M).

Net Trade (2022)

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, silver, including plated silver.
It is possible to select the main countries that export or import Jewellery and parts, silver, including plated silver in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Jewellery and parts, silver, including plated 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 (2022)

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